LAKSHMI-NARAYANA TRUST
Latest income
£1.7m
Latest spending
£1.1m
Registered
1985
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted reserves of £5,648,579 and a healthy bank balance of £169,543, enabling it to meet all foreseeable charitable obligations. The trustees report that the charity is in a strong financial position and has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Reserves policy: adequate level of funds to enable the trust to carry out its operations, to meet the financial obligations and to meets its charitable obligations (held: £5.6m)
“The reserve policy is to hold adequate level of funds to enable the trust to carry out its operations, to meet the financial obligations and to meets its charitable obligations.”
Per its FY2023 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Dr Radhakrishnan V — President
- Mr. A Rengamannar — Chairman
- Mr. Thayalasamy S — Vice-President
- Mr. K Sreenivasan — Vice-Chairman
- Mr. Subburam S — Vice-Chairman
- Mr. K. Sivarupan — General Secretary
- Mr. S. Vijayakumar — Treasurer
- Mr. R. Mohanaprakas — Temple Office Manager
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.7m
Total spending
£1.1m
Reserves (reported)
£330k
Employees
25
Trustees
- ALWARSAMY RENGAMANNARchair
- Ananth Anandhakrishnan
- Dr Radhakrishnan VENKATASAMY
- KANNAN RAJAN
- Karthigesu Sivarupan
- MARKANDU SUTHARSANAN
- MR SENNAKESAVAN VIAJAYAKUMAR
- NAVANEETHA KRISHNAN RAJU
- RAMAKRISHNAN MOHANAPRAKAS
- SEETHARAMAN SUBBIAH NAIDU
- SETHURAMAN SEENI
- SREENIVASAN KRISHNAN
- SUBBIAH NAIDU SUBBURAM
- THAYALASAMY NAIDU SUBBIAH NAICKER
- THIYAGARAJAN JAYARAMAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.1m |
| 31/12/2023 | £1.4m | £907k |
| 31/12/2022 | £1.2m | £778k |
| 31/12/2021 | £873k | £459k |
| 31/12/2020 | £687k | £619k |
Common questions
Is LAKSHMI-NARAYANA TRUST financially healthy?
The accounts state that the charity holds unrestricted reserves of £5,648,579 and a healthy bank balance of £169,543, enabling it to meet all foreseeable charitable obligations. The trustees report that the charity is in a strong financial position and has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Tahas & Co Ltd.