VAISHNAV SANGH OF UK

Charity number: 1183435
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Vaishnav Sangh of UK has two Havelis (Temples) that the trustees manage and their details are: Vrajdham Haveli (inaugurated in November 2011) 58 Loughborough Road Leicester LE4 5LD Tel: 01162245308 Shrinathdham Haveli (inaugurated in September 2019) 2a Rosslyn Crescent Harrow Middx HA1 2SU Tel: 020 8861 1207

Income and expenditure

Data for financial year ending 30 September 2023

Total income:
£713,134

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Donations and legacies £645.69k
Charitable activities £0
Other trading activities £0
Investments £67.44k
Other £0

Total expenditure:
£756,174

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Raising funds £0
Charitable activities £211.06k
Other £545.12k

£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.

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Raising funds and other expenditure £545.12k
Charitable expenditure £211.06k

People

5 Employee(s)

3 Trustee(s)

103 Volunteer(s)

Employees with total benefits over £60,000

No employees have total benefits over £60k for this charity

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Disability
  • The Prevention Or Relief Of Poverty
  • Religious Activities
  • Animals
  • Recreation
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Harrow
  • Leicester City

Governance

Registration history:
  • 15 May 2019: CIO registration
  • 12 January 2020: Funds received from 1138847 VAISHNAV SANGH OF UK
Organisation type:
CIO
Other names:

No other names

Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • 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
  • Volunteer management
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

3 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Shirish Shah Trustee 24 February 2023
None on record
Pramod Thakkar Trustee 15 May 2019
None on record
Minaxi Popat Trustee 25 August 2010
None on record

Financial history

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Financial period end date

Income / Expenditure 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Total gross income £3.78m £441.43k £664.18k £713.13k
Total expenditure £708.32k £430.59k £685.45k £756.17k
Income from government contracts N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A
Income - Donations and legacies £3.70m N/A £604.25k £645.69k
Income - Other trading activities £0 N/A £0 £0
Income - Charitable activities £0 N/A £0 £0
Income - Endowments £0 N/A £0 £0
Income - Investment £75.99k N/A £59.93k £67.44k
Income - Other £0 N/A £0 £0
Income - Legacies £0 N/A £0 £0
Expenditure - Charitable activities £708.32k N/A £215.53k £211.06k
Expenditure - Raising funds £0 N/A £0 £0
Expenditure - Governance £7.02k N/A £4.98k £6.00k
Expenditure - Grants institution £0 N/A £0 £0
Expenditure - Investment management £0 N/A £0 £0
Expenditure - Other £0 N/A £469.92k £545.12k

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.

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Asset / Liability 30/09/2020 30/09/2021 30/09/2022 30/09/2023
Own use assets £4.66m N/A £4.45m £4.33m
Long-term investments £0 N/A £0 £0
Other assets £317.70k N/A £462.64k £279.43k
Defined benefit pension scheme asset or liability £0 N/A £0 £0
Total liabilities £1.91m N/A £1.86m £1.60m

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 30 September 2023 23 July 2024 On Time
Accounts and TAR 30 September 2023 23 July 2024 On Time Download Open in new window
Annual return 30 September 2022 01 August 2023 2 days late
Accounts and TAR 30 September 2022 01 August 2023 2 days late Download Open in new window
Annual return 30 September 2021 31 July 2022 1 days late
Accounts and TAR 30 September 2021 31 July 2022 1 days late Download Open in new window
Annual return 30 September 2020 27 August 2021 28 days late
Accounts and TAR 30 September 2020 27 August 2021 28 days late 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.

CIO - FOUNDATION Registered 15 May 2019

Charitable objects

(I) TO ADVANCE THE HINDU RELIGION BY THE PROVISION OF A PLACE OF WORSHIP. (II) TO FURTHER OR BENEFIT THE RESIDENTS OF LEICESTER AND THE LONDON BOROUGHS OF HARROW AND BRENT AND THEIR RESPECTIVE SURROUNDING AREAS, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO ADVANCE EDUCATION AND TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS. IN FURTHERANCE OF THESE OBJECTS BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE POWER: TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS. (III) THE PROMOTION OF RELIGIOUS HARMONY FOR THE BENEFIT OF THE PUBLIC BY PROMOTING KNOWLEDGE AND MUTUAL UNDERSTANDING AND RESPECT OF THE BELIEFS AND PRACTICES OF DIFFERENT RELIGIOUS FAITHS. (IV) TO ADVANCE THE EDUCATION OF THE PUBLIC IN HINDU RELIGION, CULTURE AND TRADITIONS INCLUDING YOGA AND MEDITATION. (V) TO SUPPORT LOCAL CHARITIES, RESEARCH AND COMMUNITY PROJECTS AND EDUCATIONAL ESTABLISHMENTS.

Contact information

Address:
Shrinathdham Haveli
2A Rosslyn Crescent
HARROW
Middlesex
HA1 2SU
Phone:
020 8861 1207
Email:
info@shrinathdham.org.uk
Website:

www.shrinathdham.org.uk Open in new window