SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM
The advancement of Education and supporting other charitable causes, with a purpose to preserve cultural values and teachings within the Suthar Community and the wider community.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £88,982, which is below the trustees' stated policy target of covering one year's direct charitable expenditure. The charity reported a net cash increase of £4,456 for the year, with total unrestricted funds of £88,982 and restricted funds of £68,451.
What the accounts disclose
“As at 31st December 2024, unrestricted funds stood at £88,982 (2023: £24,853). The level of reserves is monitored and reviewed by the Trustees once a year.” — page 4
“During the year, £2,145 was paid to trustee JayKishan Vaja for music services provided to the charity. The payment was made under the statutory power in section 185 of the Charities Act 2011, in accordance with Charity Commission guidance CC11. The arrangement was properly authorised by the other trustees, with a written agreement in place and safeguards to manage any conflict of interest. No other trustee received any remuneration or expenses during the year.” — page 7
“During the year, £2,145 was paid to trustee JayKishan Vaja for music services provided to the charity. The payment was made under the statutory power in section 185 of the Charities Act 2011, in accordance with Charity Commission guidance CC11. The arrangement was properly authorised by the other trustees, with a written agreement in place and safeguards to manage any conflict of interest. No other trustee received any remuneration or expenses during the year.” — page 7
Trustees
- Shridhi Jayna Vadgamachair
- Ashok Kunvardia
- BHARAT GAJJAR
- Dharmesh Pranlal Patadia
- Dilip Gajjar
- Jaykishen Vaja
- Lalji Dudhia
- Linay Khambhaita
- Nisha Gajjar
- Paarik Bharadia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £104k | £99k |
| 31/12/2023 | £65k | £73k |
| 31/12/2022 | £50k | £47k |
| 31/12/2021 | £30k | £56k |
| 31/12/2020 | £22k | £14k |
Common questions
Is SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £88,982, which is below the trustees' stated policy target of covering one year's direct charitable expenditure. The charity reported a net cash increase of £4,456 for the year, with total unrestricted funds of £88,982 and restricted funds of £68,451. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ENFIELD LIONS CLUB (CIO) | 1 | £6k |
| WESTCOMBE FOUNDATION | 1 | £500 |
Charities like this
- SHREE SATTAVIS GAM PATIDAR SAMAJ (EUROPE)
- SHREE SORATHIA PRAJAPATI COMMUNITY UK
- VEERAYATAN UK
- DEVOTIONAL ASSOCIATES OF YOGESHWAR
- THE SUNDERLAND SIKH ASSOCIATION
- NAVNAT VANIK ASSOCIATION OF THE UNITED KINGDOM
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHREE VISHWAKARMA ASSOCIATION OF UNITED KINGDOM | £104k | — | 0 | below | — | no doubt |
| SHREE SATTAVIS GAM PATIDAR SAMAJ (EUROPE) | £472k | — | 0 | above | — | noted |
| SHREE SORATHIA PRAJAPATI COMMUNITY UK | £245k | — | 0 | above | — | no doubt |
| VEERAYATAN UK | £231k | — | 0 | unclear | — | no doubt |
| DEVOTIONAL ASSOCIATES OF YOGESHWAR | £771k | — | 0 | above | — | no doubt |
| THE SUNDERLAND SIKH ASSOCIATION | £214k | — | 0 | above | — | no doubt |