SHREE BIRMINGHAM PRAGATI MANDAL
Charity aims and objectives are:1) Advancement of Education; 2) Relief of persons suffering in conditions of need, hardship and distress; 3) Advancement of Hindu religion;4) To advance the social, cultural and sports recreation or other leisure activities with the object of improving the quality of life.
Objects
I ADVANCEMENT OF EDUCATION II RELIEF OF PERSONS SUFFERING IN CONDITIONS OF NEED HARDSHIP AND DISTRESS III ADVANCEMENT OF THE HINDU RELIGION IV TO APPLY SUCH SUMS AS THE TRUSTEES SHALL DETERMINE TO OR FOR SUCH CHARITABLE PURPOSE OF PURPOSES OR CHARITABLE INSTITUTION OR INSTITUTIONS AS THE TRUSTEES SHALL DETERMINE
Financial health, per its FY2024 accounts
The charity reported a total income of £294,854 and a net incoming resource surplus of £108,713 for the year ended 31 December 2024. Unrestricted funds increased to £946,185, with a total net asset value of £1,099,075. The trustees maintain a reserves policy of six months' operating expenditure, noting that current unrestricted reserves significantly exceed this target.
What the accounts disclose
“Trustees maintain reserves equivalent to six months’ operating expenditure (c. £50,000)” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- 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
Trustees
- Anushka Parmar
- Ashok Bodhani
- Dinesh Parmar
- Nisha Parmar
- Rashmi Parmar
- Vinay Parmar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £295k | £186k |
| 31/12/2023 | £195k | £120k |
| 31/12/2022 | £158k | £86k |
| 31/12/2021 | £134k | £102k |
| 31/12/2020 | £75k | £73k |
Common questions
Is SHREE BIRMINGHAM PRAGATI MANDAL financially healthy?
Per its FY2024 accounts: The charity reported a total income of £294,854 and a net incoming resource surplus of £108,713 for the year ended 31 December 2024. Unrestricted funds increased to £946,185, with a total net asset value of £1,099,075. The trustees maintain a reserves policy of six months' operating expenditure, noting that current unrestricted reserves significantly exceed this target. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 05/10/2020 | £21k | Coronavirus Community Support Fund |