DEVOTIONAL ASSOCIATES OF YOGESHWAR
1) Advance education in the field of philosophy, sociology, culture and religion with specific emphasis on the vedas. 2) Advance Hindu religion through the promotion of vedic philosophy and culture. 3) Relieve poverty, sickness and effects of natural or other disasters. 4) Donate the net income of the trust properties or any part therefore to any charitable institution with any or the same or simi
Objects
I) TO ADVANCE EDUCATION IN THE FIELD OF PHILOSOPHY, SOCIOLOGY, CULTURE AND RELIGION WIRHT SPECIFIC EMPHASIS ON THE VEDAS. II) TO ADVANCE HINDU RELIGION THROUGH THE PROMOTION OF VEDIC PHILOSOPHY AND CULTURE. III) TO RELIEVE POVERTY, SICKNESS AND THE EFFECTS OF NATURAL OR OTHER DISASTERS.
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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/05/2025
- Volunteers: 1,500
Self-declared on the annual return for the financial year ending 31/05/2024
- Volunteers: 1,500
Self-declared on the annual return for the financial year ending 31/05/2023
- Volunteers: 750
Structured financials (annual return, FY ending 31/05/2025)
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?
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. Its FY2025 accounts were audited by Affinia (Colchester).
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SUNDAR GAUMUKH FOUNDATION | 1 | £118k |
| ROTHSCHILD FOUNDATION (HANADIV) EUROPE | 1 | £56k |
| NER YISROEL EDUCATIONAL TRUST | 1 | £36k |
| The Gerald and Gail Ronson Family Foundation | 1 | £30k |
| THE SIR SIGMUND STERNBERG CHARITABLE FOUNDATION | 1 | £10k |
| WALTERS FAMILY CHARITABLE FOUNDATION | 1 | £10k |
| THE MARJORIE & ARNOLD ZIFF CHARITABLE FOUNDATION | 1 | £5k |
| THE PILGRIM TRUST | 1 | £5k |
Charities like this
- DIVINE YOUTH ASSOCIATION
- SRI VEL MURUGAN AALAYAM TRUST
- EZER VESAAD TRUST
- THE RAGHUVANSHI ASSOCIATION
- DIVYA JYOTI JAGRATI SANSTHAN
- BOARD OF DEPUTIES CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| DEVOTIONAL ASSOCIATES OF YOGESHWAR | £771k | — | 0 | above | — | no doubt |
| DIVINE YOUTH ASSOCIATION | £380k | — | 0 | above | — | no doubt |
| SRI VEL MURUGAN AALAYAM TRUST | £157k | — | — | unclear | — | no doubt |
| EZER VESAAD TRUST | £204k | — | 0 | unclear | — | no doubt |
| THE RAGHUVANSHI ASSOCIATION | £65k | — | 0 | unclear | — | no doubt |
| DIVYA JYOTI JAGRATI SANSTHAN | £131k | — | 0 | unclear | — | no doubt |