THE ERIC WRIGHT CHARITABLE TRUST
The Trust is a general purpose charity with a particular interest in supporting young people and the elderly in the North West of England
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £113,472,000 at the year end, which the Trustees consider adequate to meet committed expenditure and maintain charitable giving. The Trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The reserves include a minimum of two years' committed expenditure at any one time”
“Included within directors’ loan accounts due within one year are loans due to R E Wright (Director). Amounts due to R E Wright are £6,498,000” — page 40
“During the financial year under review the Trust provided funding of £1,180,000 to Water Park Limited.” — page 6
“Included within directors’ loan accounts due within one year are loans due to R E Wright (Director). Amounts due to R E Wright are £6,498,000” — page 40
“During the financial year under review the Trust provided funding of £1,180,000 to Water Park Limited.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alison Wright
- Catherine Jane Wilson
- HUGH MACDONALD
- Janette Michele Collier
- MICHAEL EDWARD COLLIER
- Martin Newsholme
- Peter Martin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £308.9m | £303.0m |
| 31/12/2023 | £246.8m | £243.4m |
| 31/12/2022 | £187.0m | £179.7m |
| 31/12/2021 | £176.8m | £173.6m |
| 31/12/2020 | £219.5m | £213.4m |
Common questions
Is THE ERIC WRIGHT CHARITABLE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £113,472,000 at the year end, which the Trustees consider adequate to meet committed expenditure and maintain charitable giving. The Trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Fairhurst Audit Services Ltd.
Who funds THE ERIC WRIGHT CHARITABLE TRUST?
Funders whose own accounts filings name THE ERIC WRIGHT CHARITABLE TRUST as a grant recipient include GREATER MANCHESTER YOUTH NETWORK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| GREATER MANCHESTER YOUTH NETWORK | FY2023 | £20k | Sector support and capacity building |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SWIRE 2765 | 1 | £737k |
| MANCHESTER CITY GALLERIES TRUST | 1 | £135k |
| BACON FOUNDATION LTD | 1 | £60k |
| THE ORP FOUNDATION | 1 | £10k |
| THE ROTHERMERE FOUNDATION | 1 | £10k |
| THE HINDUJA FOUNDATION | 1 | £3k |
Charities like this
- NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST
- G F EYRE CHARITABLE TRUST
- MANCHESTER CHARITABLE TRUST LTD
- THE ECOLOGY TRUST
- The Grocott Family Foundation
- THE SAVITRI WANEY CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ERIC WRIGHT CHARITABLE TRUST | £308.9m | — | 0 | unclear | — | no doubt |
| NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST | £228k | — | 0 | unclear | — | no doubt |
| G F EYRE CHARITABLE TRUST | £124k | — | 0 | above | — | no doubt |
| MANCHESTER CHARITABLE TRUST LTD | £154k | — | 0 | above | — | no doubt |
| THE ECOLOGY TRUST | £2.0m | — | 0 | below | — | no doubt |
| The Grocott Family Foundation | £926k | — | 0 | unclear | — | no doubt |