THE WILLIAM WATES MEMORIAL TRUST
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased to £435,547 from £557,453 in the prior year, reflecting a decision to utilize reserves to increase grant-making. The trustees confirm adequate funds to meet all current commitments and liabilities, supported by the successful return of the Le Loop fundraising event which raised £484,229. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“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 23
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- ANDREW TRACE ALLAN WATESchair
- Duncan Alan Mordue Straughen
- Hayden Norman George Bailey
- JONATHON GILES MACCARTNEY WATES
- MONTY WATES
- RICHARD JAMES ALEXANDER WATES
- Sarah Mary DeBurgh Wates
- Timothy Andrew de Burgh Wates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
The accounts state that unrestricted reserves decreased to £435,547 from £557,453 in the prior year, reflecting a decision to utilize reserves to increase grant-making. The trustees confirm adequate funds to meet all current commitments and liabilities, supported by the successful return of the Le Loop fundraising event which raised £484,229. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2023 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, THE HSWJ TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BELLASIS TRUST | FY2023 | £1k |
| THE HSWJ TRUST | FY2024 | £750 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| KEHAL CHASIDEI WIZNITZ LIMITED | 1 | £49k |
| JEG TRUST LIMITED | 1 | £15k |
| CHASDEI DOV TRUST | 1 | £7k |