SHRI VENKATESWARA (BALAJI) TEMPLE OF THE UNITED KINGDOM
To promote the advancement of Hindu religion.
Objects
THE OBJECTS OF THE INSTITUTION SHALL BE: (1) TO PROMOTE THE ADVANCEMENT OF THE HINDU RELIGION BY (A) THE ESTABLISHMENT AND MAINTENANCE OF A TEMPLE FOR THE PURPOSE OF PUBLIC WORSHIP OF SHRI VENKATESWARA (BALAJI) AND OTHER RELIGIOUS CHARITABLE PURPOSES, (B) PROVIDING RELIGIOUS DISCOURSES AND THE CELEBRATION OF HINDU RITES CEREMONIES AND FESTIVALS. (2) TO PROMOTE THE ADVANCEMENT OF EDUCATION IN (A) THE HINDU RELIGION AND COMPARATIVE RELIGIOUS PHILOSOPHY (B) THE HINDU TRADITIONS, HISTORY, LANGUAGES, LITERATURE AND MUSIC.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £24,885,536, with free reserves (excluding fixed assets) of £2,968,367. The trustees report that these free reserves equate to approximately 18 months of unrestricted expenditure, meeting their stated policy target. Net income for the year was £2,529,008, resulting in an increase in net assets from the previous year.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which equates to approximately eighteen months unrestricted expenditure.”
“In previous periods the Trustees personally incurred legal costs on behalf of the Charity.” — page 31
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
- Investment
- 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
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Sinnathamby Kanagaratnamchair
- Dr Amirchetty Rajeshwar Rao
- Dr Ramakrishnagupta Mudalagiri
- Kodavoor Ramachandra Aithal
- Paranjyothi Ramaiah
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.4m | £1.9m |
| 31/03/2024 | £3.7m | £1.7m |
| 31/03/2023 | £3.1m | £1.5m |
| 31/03/2022 | £2.4m | £1.3m |
| 31/03/2021 | £1.2m | £1.0m |
Common questions
Is SHRI VENKATESWARA (BALAJI) TEMPLE OF THE UNITED KINGDOM financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £24,885,536, with free reserves (excluding fixed assets) of £2,968,367. The trustees report that these free reserves equate to approximately 18 months of unrestricted expenditure, meeting their stated policy target. Net income for the year was £2,529,008, resulting in an increase in net assets from the previous year. Its FY2025 accounts were audited by JW Hinks LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTYPIER LIMITED | 1 | £116k |
| REIFER MEMORIAL LIMITED | 1 | £20k |
Charities like this
- BOCHASANWASI SHRI AKSHAR PURUSHOTTAM SWAMINARAYAN SANSTHA
- SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE
- SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE - SOUTH EAST LONDON
- THE HINDU TEMPLE TRUST
- SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON)
- SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (MANDIR) LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SHRI VENKATESWARA (BALAJI) TEMPLE OF THE UNITED KINGDOM | £4.4m | — | 0 | within | — | no doubt |
| BOCHASANWASI SHRI AKSHAR PURUSHOTTAM SWAMINARAYAN SANSTHA | £16.2m | more than £60,000 | 1 | above | — | no doubt |
| SRI VENKATESHWARA (BALAJI) TEMPLE & CULTURAL CENTRE | £199k | — | 0 | unclear | — | no doubt |
| SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE - SOUTH EAST LONDON | £387k | — | 0 | above | — | no doubt |
| THE HINDU TEMPLE TRUST | £577k | — | 0 | unclear | — | no doubt |
| SHREE KUTCH SATSANG SWAMINARAYAN TEMPLE (EAST LONDON) | £416k | — | 0 | above | — | no doubt |