THE CHARLES WALLACE INDIA TRUST
We award scholarships and grants to Indian nationals domiciled in India and working or studying in the arts,heritage conservation and humanities to enable them to visit the UK for the purpose of study, research or professional development. Details and guidelines for applicants can be found on our webpages
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds totalled £6,586,905 as of 5 April 2025, a decrease from the previous year's £6,976,547. The charity maintains a designated reserve of £161,400 for specific anniversary grants, while the general unrestricted fund stands at £6,425,505. Per the trustees' report, the policy is to maintain a minimum reserve fund of £80,000 held on deposit to manage income fluctuations.
What the accounts disclose
“Income for the year was investment income and interest on deposit totalling £287,556” — page 5
“It is the policy of the Trustees to maintain a reserve fund to a minimum value of £80,000 held on deposit.”
Trustees
- Charles William Walker
- Ekta Khokhar Kaul
- John Falconer
- Professor William Gould
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £288k | £288k |
| 05/04/2024 | £288k | £331k |
| 05/04/2023 | £281k | £322k |
| 05/04/2022 | £258k | £239k |
| 05/04/2021 | £179k | £98k |
Common questions
Is THE CHARLES WALLACE INDIA TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds totalled £6,586,905 as of 5 April 2025, a decrease from the previous year's £6,976,547. The charity maintains a designated reserve of £161,400 for specific anniversary grants, while the general unrestricted fund stands at £6,425,505. Per the trustees' report, the policy is to maintain a minimum reserve fund of £80,000 held on deposit to manage income fluctuations. Its FY2025 accounts were audited by Field Sulliivan Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LPW LIMITED | 1 | £291k |
| CHARITWORTH LIMITED | 1 | £110k |
| THE RABBI MOSHE & LEAH DERMER FOUNDATION | 1 | £76k |
| JEG TRUST LIMITED | 1 | £40k |
| THE HAPPY BABY COMMUNITY | 1 | £28k |
| UOHC FOUNDATION LTD | 1 | £25k |
| THE AA TRUST | 1 | £18k |
| WOODLANDS GREEN LTD | 1 | £10k |
Charities like this
- THE SUTASOMA TRUST
- Cotswolds Arts Through Schools
- BRITISH FRIENDS OF CHATZER HAKODESH VIZNITZ
- IAPS CHARITABLE TRUST
- THE CHARLES LITTLEWOOD HILL TRUST
- THE SCS TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLES WALLACE INDIA TRUST | £288k | — | 0 | unclear | — | no doubt |
| THE SUTASOMA TRUST | £134k | — | 0 | unclear | — | no doubt |
| Cotswolds Arts Through Schools | £581k | — | 0 | unclear | — | no doubt |
| BRITISH FRIENDS OF CHATZER HAKODESH VIZNITZ | £998k | — | 0 | unclear | — | no doubt |
| IAPS CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |
| THE CHARLES LITTLEWOOD HILL TRUST | £184k | — | 0 | above | — | no doubt |