THE KARUNA TRUST
Financial health, per its FY2026 accounts
The accounts state that the charity recorded a surplus of £39,021 for the year, resulting in total reserves of £1,126,333. The trustees report that unrestricted operating reserves of £711,602 are above the stated policy target of approximately £700,000, representing four months' costs. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity’s reserves policy aims to maintain an operating reserve equivalent to 4 months’ costs, which, on 31 March 2026, equated to approximately £700,000.” — page 20
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India. In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“We made grant payments of £6,666 to Karuna USA (2025 £76,674) a reduction year-on-year of £70,008 in line with our intention reported in 2025 to move to a minimal funding model” — page 20
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India. In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“We made grant payments of £6,666 to Karuna USA (2025 £76,674) a reduction year-on-year of £70,008 in line with our intention reported in 2025 to move to a minimal funding model” — page 20
“During the year, management fees of £2,000 (2025: £2,000) were charged by The Karuna Trust to Aid for India. In addition, Aid for India made grants totalling £5,000 (2025: £Nil) to The Karuna Trust during the year.” — page 50
“We made grant payments of £6,666 to Karuna USA (2025 £76,674) a reduction year-on-year of £70,008 in line with our intention reported in 2025 to move to a minimal funding model” — page 20
Leadership, per the charity’s website
- Louise Thomas — Chief Executive Officer
Structured financials (annual return, FY ending 31/03/2026)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £2.2m | £2.1m |
| 31/03/2025 | £2.1m | £2.2m |
| 31/03/2024 | £2.2m | £2.2m |
| 31/03/2023 | £2.2m | £2.2m |
| 31/03/2022 | £2.3m | £2.2m |
Common questions
Is THE KARUNA TRUST financially healthy?
The accounts state that the charity recorded a surplus of £39,021 for the year, resulting in total reserves of £1,126,333. The trustees report that unrestricted operating reserves of £711,602 are above the stated policy target of approximately £700,000, representing four months' costs. The auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2026 accounts were audited by Bishop Fleming Audit Limited.
Who funds THE KARUNA TRUST?
Funders whose own accounts filings name THE KARUNA TRUST as a grant recipient include HALCROW FOUNDATION, THE HARI PRASAD SHASTRI CHARITABLE TRUST, ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT, THE SHEARS FOUNDATION, THE HAROLD HYAM WINGATE FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| HALCROW FOUNDATION | FY2024 | £101k |
| HALCROW FOUNDATION | FY2021 | £47k |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2024 | £36k |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2025 | £32k |
| THE HARI PRASAD SHASTRI CHARITABLE TRUST | FY2023 | £30k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | FY2022 | £20k |
| HALCROW FOUNDATION | FY2022 | £18k |
| THE SHEARS FOUNDATION | FY2025 | £15k |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2025 | £10k |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2024 | £10k |
| THE HAROLD HYAM WINGATE FOUNDATION | FY2023 | £10k |
| THE TULA TRUST LIMITED | FY2023 | £2k |
| THE TULA TRUST LIMITED | FY2024 | £2k |
| ARIMATHEA CHARITABLE TRUST | FY2025 | £300 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAVID LISTER CHARITABLE TRUST | 1 | £7k |