SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON)
Financial health, per its FY2025 accounts
The charity reported a net income of £188,248 for the year ended 31 March 2025, resulting in total unrestricted funds of £3,224,545. The accounts state that free reserves held were £3,224,545, which is significantly above the stated policy target of £80,000 (representing 9 to 12 months of expenditure). The independent examiner confirmed that no material matters came to their attention during the examination.
What the accounts disclose
“unrestricted funds not committed or invested in tangible fixed assets (free reserves) held by the charity should be between 9 to 12 months of the resources expended, which equates to £ 80,000 in general funds.”
Trustees
- SHAMJI KANJI PATELchair
- ARVIND KALYAN VEKARIA
- DHANJI VELJI BHUDIA
- VISHRAM SHAMJI SIYANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £416k | £228k |
| 31/03/2024 | £340k | £159k |
| 31/03/2023 | £393k | £180k |
| 31/03/2022 | £272k | £122k |
| 31/03/2021 | £237k | £81k |
Common questions
Is SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON) financially healthy?
The charity reported a net income of £188,248 for the year ended 31 March 2025, resulting in total unrestricted funds of £3,224,545. The accounts state that free reserves held were £3,224,545, which is significantly above the stated policy target of £80,000 (representing 9 to 12 months of expenditure). The independent examiner confirmed that no material matters came to their attention during the examination. Its FY2025 accounts were independently examined.