THE OLD WELLINGTONIAN SOCIETY CHARITABLE TRUST
The Charitable Trust helps pupils and former pupils of Wellington College. It offers prizes and other awards to current pupils, has the opportunity to help former pupils in cases of extreme hardship and helps young leavers with enterprising schemes to support less privileged communities in other countries.
Financial health, per its FY2025 accounts
The accounts state that unrestricted net assets increased to £1,028,061, with net income for the year rising to £34,125 from £22,185 in the previous period. The Trust reports a key risk regarding a potential reduction in income affecting its ability to meet grant costs, which influences its reserves policy. No material uncertainties affecting going concern were identified by the independent examiner.
What the accounts disclose
“The reserves policy depends on forecasting liabilities as each new award is made and ensuring that aggregated liabilities remain within forecast income over the timescale of awards.” — page 4
“The key risk lies in a reduction of income leading to an inability to meet the costs of grants, scholarships and bursaries that have been made. This risk is currently assessed as being of potentially high impact but low likelihood, but is reflected as the major factor of the Trust’s reserves policy.” — page 4
“Requests for awards are submitted to the Secretary of the Old Wellingtonian Society, who also, ex officio, acts as Secretary to the Old Wellingtonian Society Charitable Trust.” — page 4
Trustees
- Alison Scott
- Fiona Haywood
- James Edward Lenygon Dahl
- Oliver Rigby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £66k | £32k |
| 31/07/2024 | £59k | £37k |
| 31/07/2023 | £40k | £43k |
| 31/07/2022 | £41k | £29k |
| 31/07/2021 | £39k | £24k |
Common questions
Is THE OLD WELLINGTONIAN SOCIETY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted net assets increased to £1,028,061, with net income for the year rising to £34,125 from £22,185 in the previous period. The Trust reports a key risk regarding a potential reduction in income affecting its ability to meet grant costs, which influences its reserves policy. No material uncertainties affecting going concern were identified by the independent examiner. Its FY2025 accounts were independently examined.