GUJARAT HINDU SOCIETY, PRESTON
Latest income
£297k
Latest spending
£212k
Registered
1977
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that total funds increased to £3,036,422, with free/unrestricted reserves of £1,137,188. The trustees report a reasonable expectation of adequate resources for the foreseeable future, noting that overhead costs are increasing and income is under pressure.
What the accounts disclose
Reserves policy: 12 months of expenditure with little or no income arising (held: £1.1m)
“The reserves policy of the Trustees is to ensure that the Society commits as much funding as possible to furthering its objectives, whilst retaining an amount of cash adequate to cover a period of 12 months of expenditure with little or no income arising.”
Per its FY2024 accounts as filed with the Charity Commission.
Funders the charity credits
Trustees
- DASHRATHBHAI H NAYEEchair
- Amratbhai Limbachia
- Amratlal Patel
- Ashit Maheshchandra Jariwala
- Balvantrai Panchal
- Bharat Govind Maru
- Dhanuben T Patel
- Ishwer D Tailor MBE JP DL
- Jashuben Parekh
- Jinabhai Mithabhai Patel
- Ketankumar Vara
- Mahendra Marolia
- Nimesh Parmar
- PRAHLADBHAI S NAYEE
- RAMANBHAI S VALAND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £297k | £212k |
| 31/03/2024 | £304k | £217k |
| 31/03/2023 | £247k | £200k |
| 31/03/2022 | £236k | £193k |
| 31/03/2021 | £154k | £167k |
Common questions
Is GUJARAT HINDU SOCIETY, PRESTON financially healthy?
The accounts state that total funds increased to £3,036,422, with free/unrestricted reserves of £1,137,188. The trustees report a reasonable expectation of adequate resources for the foreseeable future, noting that overhead costs are increasing and income is under pressure. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 26/06/2017 | £10k | "Golden Milestone" |
| The National Lottery Heritage Fund | 22/01/2004 | £39k | "Pilot Community Arts Courses" |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WESTCOMBE FOUNDATION | 1 | £500 |