WILLENHALL COMMUNITY FORUM LIMITED
The relief of the inhabitants of Willenhall, Willenhall Wood and surrounding area by association with local authority, voluntary organisations and local inhabitants in a common effort to provide, or assist in the provision of, facilities for education and recreation or other leisure-time occupations for the inhabitants, particularly to provide and maintain an education, training and advice centre.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £540,501 against a policy target of three to six months of expenditure, which the trustees consider maintained throughout the year. The charity reported a net income increase to £39,363 and total income of £316,974, with cash at bank rising to £636,987. The trustees confirmed adequate resources for the foreseeable future, indicating a stable financial position.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
“The charitable company owns the whole of the equity share capital of a subsidiary trading company, Willenhall Community Forum (Trading) Limited”
Corporate structure
- Registered company of the charity Companies House 03125686
- Trading subsidiary: WILLENHALL COMMUNITY FORUM (TRADING) LIMITED Companies House 03731797
- Note 5 discloses 'Amounts owed by group undertakings' within Debtors, and Note 7 states the company took advantage of the exemption from disclosing transactions with other group companies.
Funders the charity credits
- Single Regeneration Budget
- European Regional Development Fund
- English Partnerships
- Coventry & Warwickshire Partnerships
- Coventry City Council
- The Lankelly Foundation
- European Social Fund
- Coventry & Warwickshire Chamber of Commerce
Company officers (Companies House)
- BULL, Matthew, Reverend on trustee list
- DHADDA, Mohinder Singh on trustee list
- ONWA, Franklin Ejiofor on trustee list
- AGBOOLA, Fadahun Oyebisi on trustee list
- LAKHA, Ram Parkash not on trustee list
- THOMAS, Christine Elizabeth on trustee list
- WEIR, Iris Maria on trustee list
- LINNEY, Caroline Anne
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Christine Elizabeth Thomas
- Fadahun Oyebisi Agboola
- Iris Maria Weir
- Mohinder Singh Dhadda
- Ram Parkash Lakha OBE
- Rev Franklin Ejiofor Onwa
- Rev Matthew Bull
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £317k | £278k |
| 31/03/2024 | £823k | £818k |
| 31/03/2023 | £778k | £775k |
| 31/03/2022 | £740k | £698k |
| 31/03/2021 | £732k | £632k |
Common questions
Is WILLENHALL COMMUNITY FORUM LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £540,501 against a policy target of three to six months of expenditure, which the trustees consider maintained throughout the year. The charity reported a net income increase to £39,363 and total income of £316,974, with cash at bank rising to £636,987. The trustees confirmed adequate resources for the foreseeable future, indicating a stable financial position. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 21/10/2022 | £10k | Meet Heat & Eat |
| The National Lottery Community Fund | 18/05/2005 | £5k | Willenhall Festival 2005 |