An accumulated fund is the capital fund of a non-profit organization (like clubs, schools, or charities).

It represents:

Total surplus of income over expenses over the years

Plus any capital donations

Less accumulated losses (if any)

It is similar to owner’s capital in a business and is shown on the liabilities side of the balance sheet.

Example:
If a club’s total assets are ₹10,00,000 and liabilities are ₹2,00,000, the accumulated fund is ₹8,00,000.

In simple terms, accumulated fund is the total savings or surplus of a non-profit organization over time.