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THE WILLIAM WATES MEMORIAL TRUST

Registered charity 1011213 · accounts filings on the Charity Commission register · also known as THE HENFOLD TRUST

The trust aims to enhance the lives of disadvantaged young people (ages 5 - 19) mainly in London and the South East. The trust wishes to encourage disadvantaged and vulnerable young people away from anti-social behaviour and criminal activity, enabling them to fulfill their potential. the Trustees prefer to support projects that continue to have an impact after support has ended.

Causes: General Charitable Purposes · Education/training · The Advancement Of Health Or Saving Of Lives · Disability · Amateur Sport · Recreation · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£950k
Latest spending
£942k
Registered
1992
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £371,176, which the Trustees consider adequate to meet current commitments and liabilities. The charity reported a net surplus of £22,814 for the year, funded primarily by donations and fundraising activities, with total income of £949,801 against total expenditure of £941,917.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: meet approved but uncommitted grants to qualifying charities (held: £371k)
“It is the policy of the Trustees to maintain unrestricted funds, which are the free reserves of the charity, to meet approved but uncommitted grants to qualifying charities.” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Tour de Force Cycling Limited
“The charity holds a 100% owned subsidiary company, Tour de Force Cycling Limited, company number 07834337, which organises and manages fundraising events which generate donations for the charity.” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/08/2025)

Total income
£950k
Total spending
£942k
Cost of raising funds
£565k
Reserves (reported)
£371k
Employees
0

Reported reserves equal ~4.7 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (51% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 59.5% of total income — above the 90th percentile for charities its size (median 4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/08/2025£950k£942k
31/08/2024£1.0m£1.2m
31/08/2023£955k£1.1m
31/08/2022£775k£791k
31/08/2021£422k£565k

Common questions

Is THE WILLIAM WATES MEMORIAL TRUST financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £371,176, which the Trustees consider adequate to meet current commitments and liabilities. The charity reported a net surplus of £22,814 for the year, funded primarily by donations and fundraising activities, with total income of £949,801 against total expenditure of £941,917. Its FY2025 accounts were independently examined.

Who funds THE WILLIAM WATES MEMORIAL TRUST?

Funders whose own accounts filings name THE WILLIAM WATES MEMORIAL TRUST as a grant recipient include THE BELLASIS TRUST, GOWLING WLG (UK) CHARITABLE TRUST, THE HSWJ TRUST, THE HISCOX FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE BELLASIS TRUSTFY2023£1k
GOWLING WLG (UK) CHARITABLE TRUSTFY2025£1k
THE HSWJ TRUSTFY2024£750
GOWLING WLG (UK) CHARITABLE TRUSTFY2024£500
THE HISCOX FOUNDATIONFY2025£0

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE WESTMINSTER FOUNDATION2£20k
THE GOSLING FOUNDATION LIMITED2£20k
DUCHY OF LANCASTER BENEVOLENT FUND1—
THE ONSIDE FOUNDATION1£519k
THE STEVE MORGAN FOUNDATION1£120k
GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY1£80k
KEHAL CHASIDEI WIZNITZ LIMITED1£49k
JEG TRUST LIMITED1£47k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PRIORITY YOUTH PROJECT.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE WILLIAM WATES MEMORIAL TRUST£950k—0unclear—no doubt
PRIORITY YOUTH PROJECT FY2025£367k—0unclear—noted
WEST LONDON COMMUNITY TRUST FY2024£153k—0below—no doubt
WATES FAMILY ENTERPRISE TRUST FY2024£1.9m£90,001 - £100,0001above—no doubt
SIR WILLIAM BOREMAN'S FOUNDATION FY2025£157k—0above—no doubt
AIMING HIGH LONDON FY2025£130k—0below—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.