MULTI-RACIAL TRUST
The activities of the Trust is to provide office accommodation to charitable/voluntary/not for profit organisations either at a very low rent or free. Money raised can be used to advance education for public benefit by providing scholarships/grants and medical support and assistance for relief of poverty. The Trustees have agreed to extend the activities internationally, outside the United Kingdom
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £241,773 to £187,029 due to charitable expenditure exceeding incoming donations. The trustees report the charity is in a stable financial position with minimal risk to funds held in the bank. No specific reserves policy target is stated, only that funds are kept available for use as necessary.
What the accounts disclose
Trustees
- ARVIND VALLABHDAS MULJI
- Falguni Desai
- HIMATLAL LAKHANI
- LOUISE CARMI
- RAJESH RASIKBHAI PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £38k | £93k |
| 31/03/2024 | £5k | £11k |
| 31/03/2023 | £316 | £55 |
| 31/03/2022 | £376 | £60 |
| 31/03/2021 | £365 | £0 |
Common questions
Is MULTI-RACIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £241,773 to £187,029 due to charitable expenditure exceeding incoming donations. The trustees report the charity is in a stable financial position with minimal risk to funds held in the bank. No specific reserves policy target is stated, only that funds are kept available for use as necessary. Its FY2025 accounts were independently examined.