WECIL LTD
Latest income
£2.1m
Latest spending
£2.2m
Registered
1996
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a near break-even unrestricted result, having outperformed its budgeted deficit without drawing from reserves. The charity holds unrestricted reserves of £867,653, which exceeds its stated policy target of £670,000 (30% of previous year's expenditure).
What the accounts disclose
Reserves policy: 30% of the previous year’s expenditure (held: £868k)
“The policy sets a minimum target for general reserves of 30% of the previous year’s expenditure (which this year amounts to £670K).”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee and director purchased services from the charity and its subsidiary on an arm's length basis.
“During the year one (2024:one) trustee of the charity and one (2024:one) director of WECIL Social Enterprise Limited purchased services from WECIL Limited and WECIL Social Enterprise Limited on an arm's length basis totalling £445 (2024 : £357) and £400 (2024 : £376) respectively.” — page 84
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.1m
Total spending
£2.2m
Cost of raising funds
£197k
Reserves (reported)
£1.1m
Employees
94
Register events
- Received assets from another charity (08/02/2020)
- Received assets from another charity (24/02/2017)
Trustees
- Vicki Kayechair
- DeeAnne Deirdre Klein
- Fiona Spence
- John Dolton
- Lindi Doy
- Raisha Jesmin Rafa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.2m |
| 31/03/2024 | £2.2m | £2.2m |
| 31/03/2023 | £1.4m | £1.6m |
| 31/03/2022 | £1.7m | £1.4m |
| 31/03/2021 | £1.5m | £1.3m |
Common questions
Is WECIL LTD financially healthy?
The accounts state that the charity ended the year with a near break-even unrestricted result, having outperformed its budgeted deficit without drawing from reserves. The charity holds unrestricted reserves of £867,653, which exceeds its stated policy target of £670,000 (30% of previous year's expenditure). Its FY2025 accounts were audited by Sumer Auditco Limited.