LAKSHMI-NARAYANA TRUST
General Charitable PurposesEducation/TrainingOverseas aid/Famine reliefReligious activities
Objects
(A) TO ADVANCE THE HINDU RELIGION . (B) TO ESTABLISH SECURE OR BUILD A TEMPLE TO SRI MAHALAKSHMI AND SRI NARAYANAR (C) TO RELIEVE SICKNESS. (D) COMMUNITY SERVICE.
Financial health, per its FY2024 accounts
The accounts state that the charity holds reasonable cash reserves of £330,242 and considers itself in a strong financial position with sufficient funds to meet foreseeable charitable obligations. The trustees and auditors confirm that the going concern basis is appropriate, with no material uncertainties identified regarding the charity's ability to continue operations.
What the accounts disclose
“Donations and legacies 1,565,812” — page 12
“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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
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)
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?
Per its FY2024 accounts: The accounts state that the charity holds reasonable cash reserves of £330,242 and considers itself in a strong financial position with sufficient funds to meet foreseeable charitable obligations. The trustees and auditors confirm that the going concern basis is appropriate, with no material uncertainties identified regarding the charity's ability to continue operations. Its FY2024 accounts were audited by Tahas & Co Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | £84k |
| ANAND & SETHI FAMILY CHARITY TRUST | 1 | £68k |
| THE IMAM HUSSEIN FOUNDATION | 1 | £1k |
Charities like this
- LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST
- NANAKSAR THATH ISHER DARBAR TRUST
- THE LADY FATEMAH (A.S.) CHARITABLE TRUST
- SWAMINARAYAN MANDIR VASNA SANSTHA
- N AND R KARNANI TRUST
- THE HARI PRASAD SHASTRI CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LAKSHMI-NARAYANA TRUST | £1.7m | — | 0 | above | — | no doubt |
| LOUIS NICHOLAS RESIDUARY CHARITABLE TRUST | £994k | — | 0 | unclear | — | no doubt |
| NANAKSAR THATH ISHER DARBAR TRUST | £812k | — | 0 | unclear | — | no doubt |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | £4.1m | — | 0 | below | — | no doubt |
| SWAMINARAYAN MANDIR VASNA SANSTHA | £1.1m | — | 0 | above | — | no doubt |
| N AND R KARNANI TRUST | £1.3m | — | 0 | above | — | no doubt |