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SHRI VENKATESWARA (BALAJI) TEMPLE OF THE UNITED KINGDOM

Registered charity 326712 · accounts filings on the Charity Commission register

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Latest income
£4.4m
Latest spending
£1.9m
Registered
1984
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that net assets increased to £20,342,043, with unrestricted reserves of £20,342,043 and free reserves (excluding fixed assets) of £5,120,853. The Trustees report that the financial performance is satisfactory and that free reserves equate to approximately 41 months of unrestricted expenditure, well above their policy target of eighteen months.

What the accounts disclose

Reserves policy: approximately eighteen months unrestricted expenditure (held: £5.1m)
“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.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Note 19 discloses that in previous periods Trustees personally incurred legal costs on behalf of the Charity.
“In previous periods the Trustees personally incurred legal costs on behalf of the Charity.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by J W Hinks LLP. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.4m
Total spending
£1.9m
Reserves (reported)
£0
Employees
35

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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?

The accounts state that net assets increased to £20,342,043, with unrestricted reserves of £20,342,043 and free reserves (excluding fixed assets) of £5,120,853. The Trustees report that the financial performance is satisfactory and that free reserves equate to approximately 41 months of unrestricted expenditure, well above their policy target of eighteen months. Its FY2023 accounts were audited by J W Hinks LLP.