THE WATFORD FULLER FOUNDATION
Making Education Grants to Watford Grammar School for Boys
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £2,067,604, which exceeds the trustees' stated policy target of retaining a minimum of £1m. The charity reported a net decrease in funds of £126,360 for the year, primarily driven by grant expenditures of £248,000 against total income of £170,250. The auditors confirmed that the financial statements give a true and fair view and reported nothing regarding material uncertainties about the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
- Amlan Kumar Shome
- Andrew William Speirs
- MR TIM COSGROVE
- PAUL GERALD SHEARRING
- Peter Nunn
- Rajesh Gordhandas Dawda
- TIMOTHY SIMON CONSTABLE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £170k | £263k |
| 31/03/2024 | £225k | £382k |
| 31/03/2023 | £179k | £204k |
| 31/03/2022 | £200k | £205k |
| 31/03/2021 | £200k | £181k |
Common questions
Is THE WATFORD FULLER FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £2,067,604, which exceeds the trustees' stated policy target of retaining a minimum of £1m. The charity reported a net decrease in funds of £126,360 for the year, primarily driven by grant expenditures of £248,000 against total income of £170,250. The auditors confirmed that the financial statements give a true and fair view and reported nothing regarding material uncertainties about the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Myers Clark.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £115k |
| The Merchant Taylors' Foundation | 1 | £58k |
| THE EDWARD GOSTLING FOUNDATION | 1 | £10k |
Charities like this
- WOLVERHAMPTON GRAMMAR SCHOOL LIMITED
- WATFORD AND THREE RIVERS TRUST
- Highworth Grammar School Trust, School Fund
- THE HABERDASHERS' FOUNDATION
- THE GRANGE SCHOOL HARTFORD LIMITED
- WOLFSON HILLEL PRIMARY SCHOOL CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WATFORD FULLER FOUNDATION | £170k | — | 0 | unclear | — | no doubt |
| WOLVERHAMPTON GRAMMAR SCHOOL LIMITED | £11.6m | — | — | unclear | — | no doubt |
| WATFORD AND THREE RIVERS TRUST | £4.5m | — | 0 | unclear | — | no doubt |
| Highworth Grammar School Trust, School Fund | £565k | — | 0 | unclear | — | no doubt |
| THE HABERDASHERS' FOUNDATION | £454k | £60,001 - £70,000 | 4 | unclear | — | no doubt |
| THE GRANGE SCHOOL HARTFORD LIMITED | £17.0m | — | — | unclear | — | no doubt |