THE WHARTON TRUST
Registered charity 1059956 · accounts filings on the Charity Commission register · also known as WHARTON TRUST
Operates in the Dyke House and Stranton Wards of Hartlepool providing a community library, computers and resources for the use of residentsHelps people back to work and/or work-based trainingHires rooms for delivery of education, informal and accredited training, physical activities, external agencies to offer on site help to residents.Promotes the wellbeing of the local residents
Causes: Education/training · The Prevention Or Relief Of Poverty · Economic/community Development/employment · website · Get email alerts
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £95,237 for the year ended 31 December 2024, with total unrestricted reserves standing at £933,784. However, the independent examiner reported matters of concern regarding the maintenance of accounting records and the accuracy of the accounts, noting that records were inconclusive and expenditure was allocated on a 'best fit' basis. The trustees acknowledge a need to build unrestricted reserves to at least three months of running costs, a target not yet met as reserves not tied up in fixed assets showed a deficit of £13,524.
Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: at least 3 month's running costs (held: £934k)
“The Council of Management recognise the need to work towards building an unrestricted reserve of at least 3 month's running costs.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Audit opinion: qualified
“I have identified matters of concern that give us reasonable cause to believe that: 1. accounting records were not kept in respect of the charity as required under section 130 of the Act; and 2. the accounts do not accord with these records.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Independent examiner identified matters of concern: accounting records not kept as required and accounts do not accord with records.
“I have identified matters of concern that give us reasonable cause to believe that: 1. accounting records were not kept in respect of the charity as required under section 130 of the Act; and 2. the accounts do not accord with these records.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Property (HM Land Registry)
9 registered titles in England and Wales held by the charity’s company or corporate body (9 freehold); recorded price paid £414k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Structured financials (annual return, FY ending 31/12/2024)
Reported reserves equal ~26.4 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).
Per its annual return, largest income source: Donations and legacies (95% 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: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).
- ANTHONY LEIGHTONchair
- ANN CALLAGHAN
- Dr Maxine Craig
- James Black
- Julie Todd
Trustee list from the Charity Commission register (current, not historical).
Operates in: Hartlepool
Income and spending
Common questions
Is THE WHARTON TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £95,237 for the year ended 31 December 2024, with total unrestricted reserves standing at £933,784. However, the independent examiner reported matters of concern regarding the maintenance of accounting records and the accuracy of the accounts, noting that records were inconclusive and expenditure was allocated on a 'best fit' basis. The trustees acknowledge a need to build unrestricted reserves to at least three months of running costs, a target not yet met as reserves not tied up in fixed assets showed a deficit of £13,524. Its FY2024 accounts were independently examined.
Who funds THE WHARTON TRUST?
Funders whose own accounts filings name THE WHARTON TRUST as a grant recipient include LOCAL TRUST, TEES VALLEY COMMUNITY FOUNDATION.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with HARTLEPOOL NDC TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.