THE AKSHAYA PATRA FOUNDATION UK

Charity number: 1117756
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Akshaya Patra UK's vision is a world where no child is deprived of education because of poverty and hunger. The charity supports the provision of nutritious daily meals to more than 2 million children in schools across India, as well as directly serving meals to disadvantaged children and their communities in the UK.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£1,232,703

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £1.12m
Charitable activities £112.08k
Other trading activities £0
Investments £2.60k
Other £0

Total expenditure:
£1,465,248

Text alternative for this canvas graphic is in the data table below.
Raising funds £139.65k
Charitable activities £1.33m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £139.65k
Charitable expenditure £1.33m

People

16 Employee(s)

7 Trustee(s)

25 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£80k to £90k 1
£140k to £150k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Overseas Aid/famine Relief
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Services
Where the charity operates:
  • Throughout London
  • India

Governance

Registration history:
  • 31 January 2007: Standard registration
Organisation type:
Trust
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

7 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
WAYNE MCARDLE Chair 17 June 2019
CALLIOPE ARTS FOUNDATION
Recently registered
Madhusudan Sivasankar Trustee 23 January 2024
None on record
Prithvi Raj Thukral Trustee 01 January 2024
None on record
Shridhar Venkat Trustee 12 April 2023
None on record
Monica Sah Trustee 06 October 2021
None on record
Bhawani Singh Shekhawat Trustee 30 July 2020
ELARA FOUNDATION
Received: On time
Chandra Shekar Srirangapatnam Trustee 22 January 2016
None on record

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £935.41k £2.29m £1.75m £1.55m £1.23m
Total expenditure £1.12m £1.37m £1.97m £1.61m £1.47m
Income from government contracts N/A N/A £22.92k N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £923.88k £2.25m £1.65m £1.34m £1.12m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £11.52k £35.81k £94.66k £207.51k £112.08k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £10 £0 £0 £0 £2.60k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £1.10m £1.36m £1.97m £1.48m £1.33m
Expenditure - Raising funds £18.91k £13.83k £0 £135.82k £139.65k
Expenditure - Governance £2.37k £8.72k £16.25k £0 £101.93k
Expenditure - Grants institution £0 £0 £0 £427.27k £351.01k
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £9.72k £341.42k £329.79k £268.55k £212.71k
Long-term investments £0 £0 £0 £0 £0
Other assets £151.19k £776.26k £881.80k £694.99k £747.67k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £10.35k £52.12k £368.10k £182.54k £411.94k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 18 December 2024 On Time
Accounts and TAR 31 March 2024 18 December 2024 On Time Download Open in new window
Annual return 31 March 2023 18 December 2023 On Time
Accounts and TAR 31 March 2023 18 December 2023 On Time Download Open in new window
Annual return 31 March 2022 10 February 2023 10 days late
Accounts and TAR 31 March 2022 10 February 2023 10 days late Download Open in new window
Annual return 31 March 2021 31 January 2022 On Time
Accounts and TAR 31 March 2021 31 January 2022 On Time Download Open in new window
Annual return 31 March 2020 29 January 2021 On Time
Accounts and TAR 31 March 2020 29 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

TRUST DEED DATED 07 NOV 2006 AS AMENDED ON 08 MAY 2010 AS AMENDED ON 12 JUL 2011 as amended on 11 Jan 2023 as amended on 06 Jul 2023 as amended on 05 Nov 2024

Charitable objects

The objects of the charity (“the objects”) are: the relief of poverty, the preservation and protection of good health and the advancing of education, especially for children in the United Kingdom, India and other countries around the world that may be selected by the Trustees and in particular, but not exclusively, by supporting the charitable work of the Akshaya Patra Foundation India (“TAPF”) and any other charity that furthers (in whole or in part) substantially the same objects.

Area of benefit

The area the charity can operate in, as set out in its governing document.

INDIA

Contact information

Address:
Unit S
Penfold Trading Estate
Imperial Way
WATFORD
WD24 4YY
Phone:
02080048743
Email:
hello@AKSHAYAPATRA.ORG.UK
Website:

www.akshayapatra.org.uk Open in new window