Finance Score: 0

Governance Score: -4

Support Score: 0

Strong growth: +2
Deficit latest year: -2

Only 3 Trustees: -2
Narrow trustee age band: -2
Static board: -3
Gender balanced board: +3

No supporters identified

Overall GiG Score: -4

KUSUMA TRUST UK

The Kusuma Trust UK is a family-led trust making philanthropic investments in the community around us. We give grants to causes, organisations and people that are making a positive difference to society. We choose partners based on our shared values and mutual interests of creating access to opportunities, improving health and well-being, and investing in our communities and environment.

Analysis by Giving is Great

Positives:

This charity has an endowment fund which generates all of its income
There has been strong growth in spending over the last 5 years

Regulatory & Governance issues to consider:

There are only 3 trustees
The Board composition appears to be rather static and has little diversity in terms of age

Financial issues to consider:

Income was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/12/23	£4,853	£7,028	£-2,175	£237	£496,529	£6,823	11.6	7	0
31/12/22	£4,262	£8,188	£-3,926	£0	£455,837	£7,575	11.1	7	0
31/12/21	£3,413	£5,209	£-1,797	£0	£494,905	£9,564	22	5	0
31/12/20	£3,668	£4,685	£-1,017	£0	£461,471	£9,414	24.1	5	0
31/12/19	£4,016	£3,721	£295	£0	£416,652	£8,499	27.4	4	0
31/12/18?	£2,762	£2,904	£-143	£0	£369,829	£5,269	21.8	5	0
31/03/17	£3,032	£3,658	£-625	£0	£369,345	£3,989	13.1	5	0
31/03/16	£2,531	£2,867	£-336	£895	£303,783	£3,288	13.8	5	0
31/03/15	£2,569	£2,775	£-206	£19	£306,921	£2,729	11.8	4	0
31/03/14	£2,746	£2,609	£137	£13	£278,888	£2,031	9.3	4	0
31/03/13	£3,126	£2,982	£144	£16	£283,430	£838	3.4	4	0
31/03/12	£3,309	£3,624	£-314	£18	£258,407	£694	2.3	4	0
31/03/11	£1,629	£2,787	£-1,158	£52	£259,828	£0	n/a	4	0
31/03/10	£225	£714	£-488	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 1%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 0%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 1%
Reserves/Spending: 11.6 months
Net Current Assets/Spending: 23 months
Quick Ratio: 37.6

Asset Split ?

Balance Sheet History

Established: 16 years

www.kusumatrust.org

info@kusumatrust.org

02074200650

Charity Commission for England and Wales

Tweets

Listed activities

Arts/Culture/Heritage/Science
Economic/Community Development/Employment
Education/Training
Environment/Conservation/Heritage
General Charitable Purposes
Other Charitable Purposes
The Advancement Of Health Or Saving Of Lives

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations
Other charitable activities
Provides advocacy/advice/information
Sponsors or undertakes research

Where it operates

Gibraltar, India, Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
Other Defined Groups
People With Disabilities
The General Public/Mankind

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

Age Range of Trustees: 48-53

ANURAG DIKSHIT Appointed: 2011, Occupation: None

NITIN DASS JAIN Appointed: 2017, Occupation: None

SOMA PUJARI Appointed: 2008, Occupation: Founder & Advisor

Legal constitution

Charitable company registered in England & Wales on 28/11/2008, number: 1126983
Registered at Companies House on 19/11/2008, number: 06753811

Gift Aid

NOT registered with HMRC for Gift Aid

Policies in force

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
Investing charity funds policy and procedures
Investment
Paying staff
Risk management
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

14 returns made; all on time

Main office

Kusuma Trust UK
5th Floor
55 New Oxford Street
London
WC1A 1BS

Objectives

THE CHARITY'S OBJECTS ( THE OBJECTS ) ARE ALL PURPOSES THAT ARE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.

Defined Area of Benefit:

UNDEFINED, IN PRACTICE, NATIONAL AND OVERSEAS