THE A H WHITELEY AND B C WHITELEY CHARITY
RECEIVES INVESTMENT INCOME AND MAKES DISCRETIONARY PAYMENTS
Objects
FOR SUCH CHARITABLE PURPOSE OR PURPOSES AND TO MAKE DONATIONS TO SUCH CHARITABLE INSTITUTION OR INSTITUTIONS AT SUCH TIME OR TIMES AND IN SUCH MANNER AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity's primary income source from donations has ceased, leaving it dependent on investment income. Consequently, the charity experienced a net expenditure of £235,726, reducing its unrestricted reserves from £1,958,829 to £1,701,771. The trustees note that reserves are accumulated to generate future income and hedge against investment losses.
What the accounts disclose
“The charity received donations from one source and applies money received to its charitable purpose. This source of income has now ceased and all future income will be derived from investments only.” — page 5
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £39k | £17k |
| 31/03/2025 | £56k | £292k |
| 31/03/2024 | £55k | £73k |
| 31/03/2023 | £59k | £15k |
| 31/03/2022 | £52k | £22k |
Common questions
Is THE A H WHITELEY AND B C WHITELEY CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity's primary income source from donations has ceased, leaving it dependent on investment income. Consequently, the charity experienced a net expenditure of £235,726, reducing its unrestricted reserves from £1,958,829 to £1,701,771. The trustees note that reserves are accumulated to generate future income and hedge against investment losses. Its FY2025 accounts were independently examined.