Palan Foundation

Charity number: 1155152
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

EDUCATIONAL ACTIVITY

Income and expenditure

Data for financial year ending 31 January 2025

Total income: £33,976
Total expenditure: £271,460

People

5 Trustee(s)

5 Volunteer(s)

Employees with total benefits over £60,000

No information available

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

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Recreation
Who the charity helps:
  • Children/young People
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Provides Other Finance
  • Provides Human Resources
Where the charity operates:
  • India

Governance

Registration history:
  • 31 December 2013: Standard registration
Organisation type:
Charitable company
Other names:
  • GOLDEN TOURS FOUNDATION (Previous name)
Company number:
07491521 Open in new window
Gift aid:
Not 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 policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • 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
Land and property:
This charity does not own and/or lease 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

5 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
NITIN PALAN MBA Chair 25 September 2013
None on record
Malay Vashi Trustee 04 February 2015
None on record
MILLIE PARI Trustee 25 September 2013
None on record
MIKESH PALAN Trustee 25 September 2013
None on record
KAMU PALAN Trustee 25 September 2013
None on record

Financial history

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Financial period end date

Income / Expenditure 31/01/2021 31/01/2022 31/01/2023 31/01/2024 31/01/2025
Total gross income £60.16k £41.87k £69.38k £650.32k £33.98k
Total expenditure £330.83k £484.20k £457.62k £1.29m £271.46k
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies N/A N/A N/A £600.00k N/A
Income - Other trading activities N/A N/A N/A £0 N/A
Income - Charitable activities N/A N/A N/A £0 N/A
Income - Endowments N/A N/A N/A £0 N/A
Income - Investment N/A N/A N/A £45.90k N/A
Income - Other N/A N/A N/A £4.41k N/A
Income - Legacies N/A N/A N/A £0 N/A
Expenditure - Charitable activities N/A N/A N/A £1.29m N/A
Expenditure - Raising funds N/A N/A N/A £0 N/A
Expenditure - Governance N/A N/A N/A £4.20k N/A
Expenditure - Grants institution N/A N/A N/A £1.06m N/A
Expenditure - Investment management N/A N/A N/A £0 N/A
Expenditure - Other N/A N/A N/A £0 N/A

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 January 2025 28 November 2025 On time
Accounts and TAR 31 January 2025 30 October 2025 On time Download Open in new window
Annual return 31 January 2024 29 November 2024 On time
Accounts and TAR 31 January 2024 28 October 2024 On time Download Open in new window
Annual return 31 January 2023 08 November 2023 On time
Accounts and TAR 31 January 2023 08 November 2023 On time Download Open in new window
Annual return 31 January 2022 28 February 2023 90 days late
Accounts and TAR 31 January 2022 28 February 2023 90 days late Download Open in new window
Annual return 31 January 2021 02 December 2021 2 days late
Accounts and TAR 31 January 2021 02 December 2021 2 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.

MEMORANDUM AND ARTICLES INCORPORATED 13/01/2011 as amended on 28 Aug 2019 as amended on 13 Jun 2020

Charitable objects

TO PROMOTE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF YOUNG PEOPLE IN SUCH WAYS AS THE COMPANY TRUSTEES THINK FIT, INCLUDING BY: 1. TO ADVANCE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE IN SUCH WAYS AS THE TRUSTEES THINK FIT, INCLUDING BY AWARDING SCHOLARSHIPS, MAINTENANCE ALLOWANCES OR GRANTS. 2. TO ADVANCE IN LIFE AND HELP YOUNG PEOPLE THROUGH: (A) THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE; (B) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS. 3. To advance the understanding of the Hindu faith for the public benefit, by the provision of grants to Hindu organisations established for the advancement of religion, interfaith activities, education, and social and community matters and in particular but not exclusively, BAPS Shri Swaminarayan Mandir.

Contact information

Address:
Golden Tours Foundation
156 Cromwell Road
London
SW7 4EF
Phone:
07715110239
Email:
npalan@aol.com
Website:

https://www.palanfoundation.co.uk/ Open in new window