N AND R KARNANI TRUST — Charity Commission profile

01 Identity

Registration and reporting

Registration status: Registered
Reporting status: Submission Received
Charity type: Charitable company
Registered: 27 February 2020
Removed: Not supplied
Company number supplied: 11819847
Financial period: 1 April 2024 – 31 March 2025
Latest income: £1,251,598
Latest expenditure: £409,715
Gift Aid: Yes
Owns or uses land: No
In administration: No
Insolvent: No
CIO: No

Public contact address: 39 HENDON AVENUE, LONDON, N3 1UJ

02 Activities

What the charity does

providing and assisting their education, to undertake travel in furtherance of that education, to prepare for entry to any occupation, trade or profession on leaving any educational establishment, providing and assisting in the provision of facilities for their education in the United Kingdom and India.

03 Official extract

Charity Annual Return History

Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Cycle Reference: AR25
Reporting Due Date: 31 January 2026
Date Annual Return Received: 21 January 2026
Date Accounts Received: 21 January 2026
Total Gross Income: £1,251,598
Total Gross Expenditure: £409,715

Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Cycle Reference: AR24
Reporting Due Date: 31 January 2025
Date Annual Return Received: 7 November 2024
Date Accounts Received: 7 November 2024
Total Gross Income: £969,812
Total Gross Expenditure: £279,660

Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Cycle Reference: AR23
Reporting Due Date: 31 January 2024
Date Annual Return Received: 19 March 2024
Date Accounts Received: 19 March 2024
Total Gross Income: £956,096
Total Gross Expenditure: £100,689

Fin Period Start Date: 1 March 2021
Fin Period End Date: 31 March 2022
Ar Cycle Reference: AR22
Reporting Due Date: 31 January 2023
Date Annual Return Received: 21 December 2022
Date Accounts Received: 21 December 2022
Total Gross Income: £1,279,547
Total Gross Expenditure: £94,248

Fin Period Start Date: 1 April 2020
Fin Period End Date: 28 February 2021
Ar Cycle Reference: AR21
Reporting Due Date: 28 December 2021
Date Annual Return Received: 20 December 2021
Date Accounts Received: 20 December 2021
Total Gross Income: £684,000
Total Gross Expenditure: £36,525

04 Official extract

Charity Annual Return Parta

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 21 January 2026
Total Gross Income: £1,251,598
Total Gross Expenditure: £409,715
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 7 November 2024
Total Gross Income: £969,812
Total Gross Expenditure: £279,660
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 19 March 2024
Total Gross Income: £956,096
Total Gross Expenditure: £100,689
Grant Making Is Main Activity: Yes
Count Govt Contracts: 0
Count Govt Grants: £0
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Payments Acting As Trustee: No
Trustee Receives Payments Services: No
Trustee Receives Other Benefit: No
Trustee Resigned Employment: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 March 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 21 December 2022
Total Gross Income: £1,279,547
Total Gross Expenditure: £94,248
Charity Raises Funds From Public: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 28 February 2021
Ar Due Date: 28 December 2021
Ar Received Date: 20 December 2021
Total Gross Income: £684,000
Total Gross Expenditure: £36,525
Charity Raises Funds From Public: No
Charity Receives Govt Funding Contracts: No
Charity Receives Govt Funding Grants: No
Charity Has Trading Subsidiary: No
Does Trustee Receive Any Benefit: No
Trustee Resigned Employment: No
Employees Salary Over 60k: No
Count Volunteers: 0

05 Official extract

Charity Annual Return Partb

Latest Fin Period Submitted Ind: Yes
Fin Period Order Number: 1
Ar Cycle Reference: AR25
Fin Period Start Date: 1 April 2024
Fin Period End Date: 31 March 2025
Ar Due Date: 31 January 2026
Ar Received Date: 21 January 2026
Income Donations And Legacies: 1125000
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 126598
Income Other: 0
Income Total Income And Endowments: 1251598
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £400,762
Expenditure Other: 8953
Expenditure Total: 409715
Expenditure Investment Management: 0
Expenditure Grants Institution: 400762
Expenditure Governance: 0
Expenditure Support Costs: 8953
Expenditure Depreciation: 0
Gain Loss Investment: 12508
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £4,275,895
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £4,280,095
Assets Total Liabilities: £4,200
Assets Current Investment: 3442290
Assets Total Assets And Liabilities: £4,275,895
Creditors One Year Total Current: 4200
Creditors Falling Due After One Year: 0
Assets Cash: £624,688
Funds Endowment: 0
Funds Unrestricted: 4275895
Funds Restricted: 0
Funds Total: 4275895
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 2
Ar Cycle Reference: AR24
Fin Period Start Date: 1 April 2023
Fin Period End Date: 31 March 2024
Ar Due Date: 31 January 2025
Ar Received Date: 7 November 2024
Income Donations And Legacies: 873949
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 95863
Income Other: 0
Income Total Income And Endowments: 969812
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £277,634
Expenditure Other: 2026
Expenditure Total: 279660
Expenditure Investment Management: 0
Expenditure Grants Institution: 277634
Expenditure Governance: 0
Expenditure Support Costs: 2026
Expenditure Depreciation: 0
Gain Loss Investment: 84177
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £3,421,504
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £3,423,004
Assets Total Liabilities: £1,500
Assets Current Investment: 2656637
Assets Total Assets And Liabilities: £3,421,504
Creditors One Year Total Current: 1500
Creditors Falling Due After One Year: 0
Assets Cash: £411,416
Funds Endowment: 0
Funds Unrestricted: 3421504
Funds Restricted: 0
Funds Total: 3421504
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 3
Ar Cycle Reference: AR23
Fin Period Start Date: 1 April 2022
Fin Period End Date: 31 March 2023
Ar Due Date: 31 January 2024
Ar Received Date: 19 March 2024
Income Donations And Legacies: 950625
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 5471
Income Other: 0
Income Total Income And Endowments: 956096
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £99,623
Expenditure Other: 1066
Expenditure Total: 100689
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 973
Expenditure Support Costs: 93
Expenditure Depreciation: 0
Gain Loss Investment: -30193
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £2,647,175
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £2,647,175
Assets Total Liabilities: £0
Assets Current Investment: 1908098
Assets Total Assets And Liabilities: £2,647,175
Creditors One Year Total Current: 0
Creditors Falling Due After One Year: 0
Assets Cash: £533,452
Funds Endowment: 0
Funds Unrestricted: 2647175
Funds Restricted: 0
Funds Total: 2647175
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 4
Ar Cycle Reference: AR22
Fin Period Start Date: 1 March 2021
Fin Period End Date: 31 March 2022
Ar Due Date: 31 January 2023
Ar Received Date: 21 December 2022
Income Donations And Legacies: 1277500
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 2047
Income Other: 0
Income Total Income And Endowments: 1279547
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £94,248
Expenditure Other: 0
Expenditure Total: 94248
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 224
Expenditure Depreciation: 0
Gain Loss Investment: -482
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: -16331
Reserves: £1,821,961
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £1,821,961
Assets Total Liabilities: £0
Assets Current Investment: 484994
Assets Total Assets And Liabilities: £1,821,961
Creditors One Year Total Current: 0
Creditors Falling Due After One Year: 0
Assets Cash: £1,089,767
Funds Endowment: 0
Funds Unrestricted: 1821961
Funds Restricted: 0
Funds Total: 1821961
Count Employees: 0
Charity Only Accounts: Yes

Latest Fin Period Submitted Ind: No
Fin Period Order Number: 5
Ar Cycle Reference: AR21
Fin Period Start Date: 1 April 2020
Fin Period End Date: 28 February 2021
Ar Due Date: 28 December 2021
Ar Received Date: 20 December 2021
Income Donations And Legacies: 684000
Income Other Trading Activities: 0
Income Charitable Activities: 0
Income Investments: 0
Income Other: 0
Income Total Income And Endowments: 684000
Income Legacies: 0
Income Endowments: 0
Expenditure Raising Funds: £0
Expenditure Charitable Expenditure: £36,375
Expenditure Other: 150
Expenditure Total: 36525
Expenditure Investment Management: 0
Expenditure Grants Institution: 0
Expenditure Governance: 0
Expenditure Support Costs: 150
Expenditure Depreciation: 0
Gain Loss Investment: 0
Gain Loss Pension Fund: 0
Gain Loss Revaluation Fixed Investment: 0
Gain Loss Other: 0
Reserves: £653,475
Assets Total Fixed: 0
Assets Own Use: 0
Assets Long Term Investment: 0
Defined Benefit Pension Scheme: 0
Assets Other Assets: £653,475
Assets Total Liabilities: £0
Assets Current Investment: 0
Assets Total Assets And Liabilities: £653,475
Creditors One Year Total Current: 0
Creditors Falling Due After One Year: 0
Assets Cash: £515,475
Funds Endowment: 0
Funds Unrestricted: 653475
Funds Restricted: 0
Funds Total: 653475
Count Employees: 0
Charity Only Accounts: Yes

06 Official extract

Charity Area Of Operation

Geographic Area Type: Region
Geographic Area Description: Throughout England And Wales
Welsh Ind: No

Geographic Area Type: Country
Geographic Area Description: India
Parent Geographic Area Type: Continent
Parent Geographic Area Description: Asia
Welsh Ind: No

07 Official extract

Charity Classification

Classification Code: 207
Classification Type: Who
Classification Description: The General Public/mankind

Classification Code: 203
Classification Type: Who
Classification Description: People With Disabilities

Classification Code: 101
Classification Type: What
Classification Description: General Charitable Purposes

Classification Code: 105
Classification Type: What
Classification Description: The Prevention Or Relief Of Poverty

Classification Code: 102
Classification Type: What
Classification Description: Education/training

Classification Code: 308
Classification Type: How
Classification Description: Sponsors Or Undertakes Research

Classification Code: 307
Classification Type: How
Classification Description: Provides Advocacy/advice/information

08 Official extract

Charity Event History

Charity Name: N AND R KARNANI TRUST
Charity Event Order: 1
Event Type: Standard registration
Date Of Event: 2020-02-27T00:00:00

09 Official extract

Charity Governing Document

Governing Document Description: MEMORANDUM AND ARTICLES INCORPORATED 11 FEB 2019
Charitable Objects: 2.1 THE CHARITY'S OBJECTS ARE RESTRICTED SPECIFICALLY, IN EACH CASE, ONLY FOR THE FOLLOWING: (A) FOR THE PUBLIC BENEFIT TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF CHILDREN FROM DISADVANTAGED BACKGROUNDS AND THOSE SUFFERING FROM MENTAL AND/OR PHYSICAL DISABILITY IN THE UNITED KINGDOM AND INDIA IN SUCH WAYS AS THE CHARITY TRUSTEES THINK FIT, INCLUDING, BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING, BY:-(I) PROVIDING AND ASSISTING THEIR EDUCATION, (II) TO UNDERTAKE TRAVEL IN FURTHERANCE OF THAT EDUCATION,(III) TO PREPARE FOR ENTRY TO ANY OCCUPATION, TRADE OR PROFESSION ON LEAVING ANY EDUCATIONAL ESTABLISHMENT, (IV) PROVIDING AND ASSISTING IN THE PROVISION OF FACILITIES FOR THEIR EDUCATION IN THE UNITED KINGDOM AND INDIA.(B) FOR THE PUBLIC BENEFIT THE PREVENTION OR RELIEF OF POVERTY IN THE UNITED KINGDOM AND INDIA BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE AND MEDICAL PRODUCTS AND ALL THE NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE A SUSTAINABLE INCOME, IMPROVED STANDARD OF LIVING AND TO BECOME SELF-SUFFICIENT AND INDEPENDENT. 2.2 NOTHING IN THESE ARTICLES SHALL AUTHORISE AN APPLICATION OF THE PROPERTY OF THE CHARITY FOR PURPOSES WHICH ARE NOT CHARITABLE IN ACCORDANCE WITH ANY STATUTORY PROVISION REGARDING THE MEANING OF THE WORD "CHARITABLE" OR THE WORDS "CHARITABLE PURPOSES" IN FORCE IN ANY PART OF THE UNITED KINGDOM.

10 Official extract

Charity Policy

Policy Name: Internal charity financial controls policy and procedures

Policy Name: Financial reserves policy and procedures

Policy Name: Safeguarding vulnerable beneficiaries

Policy Name: Internal risk management policy and procedures

Policy Name: Volunteer management

Policy Name: Trustee expenses policy and procedures

Policy Name: Trustee conflicts of interest policy and procedures

Policy Name: Risk management

Policy Name: Investing charity funds policy and procedures