DEVOTIONAL ASSOCIATES OF YOGESHWAR
Latest income
£771k
Latest spending
£419k
Registered
1980
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £6,883,836, which the trustees confirm is sufficient to cover management and administration costs. The charity reported a net income increase to £352,000 and holds significant cash reserves of £5,622,665, indicating strong liquidity and financial stability for the year ended 31 May 2025.
What the accounts disclose
Reserves policy: sufficient funds to cover management and administration costs of the charity to meet annual grant applications (held: £6.9m)
“It is the policy of the charity to maintain an unrestricted fund; this is the free reserve of the charity. The fund is maintained at a level that provides sufficient funds to cover management and administration costs of the charity to meet annual grant applications.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/05/2025)
Total income
£771k
Total spending
£419k
Reserves (reported)
£6.9m
Employees
0
Trustees
- Nikhil Chauhan
- Nilesh Vadher
- Virendra Kumar Mishra
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £771k | £419k |
| 31/05/2024 | £647k | £48k |
| 31/05/2023 | £521k | £35k |
| 31/05/2022 | £378k | £558k |
| 31/05/2021 | £569k | £18k |
Common questions
Is DEVOTIONAL ASSOCIATES OF YOGESHWAR financially healthy?
The accounts state that unrestricted reserves stood at £6,883,836, which the trustees confirm is sufficient to cover management and administration costs. The charity reported a net income increase to £352,000 and holds significant cash reserves of £5,622,665, indicating strong liquidity and financial stability for the year ended 31 May 2025. Its FY2025 accounts were audited by Affinia (Colchester).
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| YESBE LIMITED | 1 | £31k |
| THE GOYAL FOUNDATION | 1 | £10k |
| ANPRIDE LIMITED | 1 | £6k |
| KADWA PATIDAR SAMAJ (UK) LIMITED | 1 | £1k |
| WESTCOMBE FOUNDATION | 1 | £500 |