SMT KAMALABEN BHANUSHANKER JOSHI, SAMASTA BARDAI WIDOWS TRUST
Our charity provides basic monthly income for widows in the Bardai region of Gujrat, India. Although the money distributed is a poor substitute for the loss of a spouse, it provides a small comfort of a regular income in both young and old age.
Objects
RELIEF OF SICKNESS OF WIDOWS RESIDENT IN INDIA OR ELSEWHERE AND EDUCATION OF SUCH PERSONS.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £2,887,474, driven by a £1,357,000 revaluation gain on investment properties. The charity holds £575,000 in fixed deposits and generated £88,484 in investment income, while spending £88,624 on charitable activities and support costs. The trustees report that the charity will continue to meet its liabilities as they fall due over the next twelve months.
What the accounts disclose
“Rents received 61,500” — page 11
“Our funds are with the bank and we spend only the interest from them. These amount to £575,000 in the UK, Total reserves amount to about £2,887,474. We believe we have a good policy and procedure in place. To preserve our investments in a non-risk manner such as term deposit with established banks.” — page 3
“Both commercial units within the investment properties are let to BL Joshi (UK) Ltd and Joshi & Sons (Holding) Ltd, companies with trustees/directors/shareholders in common at an annual rent of £12,000 per unit.” — page 14
“Donations of £82,297 were made during the year to charities in India with trustees in common.” — page 14
“Both commercial units within the investment properties are let to BL Joshi (UK) Ltd and Joshi & Sons (Holding) Ltd, companies with trustees/directors/shareholders in common at an annual rent of £12,000 per unit.” — page 14
“Donations of £82,297 were made during the year to charities in India with trustees in common.” — page 14
“Both commercial units within the investment properties are let to BL Joshi (UK) Ltd and Joshi & Sons (Holding) Ltd, companies with trustees/directors/shareholders in common at an annual rent of £12,000 per unit.” — page 14
“Donations of £82,297 were made during the year to charities in India with trustees in common.” — page 14
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £89k | £89k |
| 31/12/2024 | £112k | £354k |
| 31/12/2023 | £91k | £85k |
| 31/12/2022 | £95k | £81k |
| 31/12/2021 | £116k | £123k |
Common questions
Is SMT KAMALABEN BHANUSHANKER JOSHI, SAMASTA BARDAI WIDOWS TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £2,887,474, driven by a £1,357,000 revaluation gain on investment properties. The charity holds £575,000 in fixed deposits and generated £88,484 in investment income, while spending £88,624 on charitable activities and support costs. The trustees report that the charity will continue to meet its liabilities as they fall due over the next twelve months. Its FY2025 accounts were independently examined.