Charity Accounts Intelreading the accounts so you don’t have to

THE WYE AND USK FOUNDATION

Registered charity 1080319 · accounts filings on the Charity Commission register · also known as THE WYE FOUNDATION

Projects and actions to improve riparian habitats and water quality for salmon and other indigenous species of animal and plant life of the rivers Wye and Usk and their tributaries and catchments and economic benefits through the regeneration of fisheries and associated angling tourism.

Causes: Education/training · Arts/culture/heritage/science · Amateur Sport · Animals · Environment/conservation/heritage · Economic/community Development/employment · website · Get email alerts

Latest income
£1.6m
Latest spending
£1.9m
Registered
2000
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity finished the year with a negative general unrestricted reserve balance of £33,932, though total free reserves including designated funds were £366,674. The trustees confirmed adequate resources to continue as a going concern, supported by secured project funding and a positive forecast cash flow for 2025.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Employees paid over £60,000: 2
“There were 2 employees with annual remuneration of £60,000 or more.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.
Largest income source: Charitable activities (58% of income)
“Charitable activities 4 516,939 902,023 1,418,962 1,869,668” — page 17
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient to meet cash flow requirements and continue without recourse to overdraft facilities (held: £367k)
“The trustees are satisfied that adequate resources are available to meet all current obligations, but they will seek to continue with a level of reserves sufficient to meet cash flow requirements and continue without recourse to overdraft facilities.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Passport scheme agent payments to trustee Mr M Timmis for letting fishing beat
“As part of the Passport scheme amounts of £65,664 (2023: £63,040) were collected by WUF as agent for, and were paid to, Mr M Timmis for the letting of a fishing beat owned by him.” — page 39
“As part of the Passport scheme amounts of £2,624 (2023: £3,796) were collect by WUF as agent for, and were paid to, Ms E Passey for the letting of a fishing beat owned by her.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Passport scheme agent payments to trustee Ms E Passey for letting fishing beat
“As part of the Passport scheme amounts of £65,664 (2023: £63,040) were collected by WUF as agent for, and were paid to, Mr M Timmis for the letting of a fishing beat owned by him.” — page 39
“As part of the Passport scheme amounts of £2,624 (2023: £3,796) were collect by WUF as agent for, and were paid to, Ms E Passey for the letting of a fishing beat owned by her.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income from Norman Partnership for work done
“As part of the Passport scheme amounts of £65,664 (2023: £63,040) were collected by WUF as agent for, and were paid to, Mr M Timmis for the letting of a fishing beat owned by him.” — page 39
“As part of the Passport scheme amounts of £2,624 (2023: £3,796) were collect by WUF as agent for, and were paid to, Ms E Passey for the letting of a fishing beat owned by her.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Passport scheme agent payments to trustee Mr C De Winton for letting fishing beat
“As part of the Passport scheme amounts of £65,664 (2023: £63,040) were collected by WUF as agent for, and were paid to, Mr M Timmis for the letting of a fishing beat owned by him.” — page 39
“As part of the Passport scheme amounts of £2,624 (2023: £3,796) were collect by WUF as agent for, and were paid to, Ms E Passey for the letting of a fishing beat owned by her.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Income from trustee P Horsburgh for fishing sales
“As part of the Passport scheme amounts of £65,664 (2023: £63,040) were collected by WUF as agent for, and were paid to, Mr M Timmis for the letting of a fishing beat owned by him.” — page 39
“As part of the Passport scheme amounts of £2,624 (2023: £3,796) were collect by WUF as agent for, and were paid to, Ms E Passey for the letting of a fishing beat owned by her.” — page 39
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Corporate structure

The charity’s company — latest Companies House iXBRL filing (balance sheet 31 December 2025)
  • Average employees: 32

What the charity says about itself (2018/19)

From its own voluntary annual review / impact report — the charity’s account of its work, distinct from the statutory accounts analysed above.

Invertebrate monitoring showed significant improvement in water quality scores at most sites between 2018 and 2019.
“The results of the invertebrate sampling suggest that BMWP scores improved at 6 of the 7 sample sites between 2018 and 2019.”

Public fundraising profile: JustGiving — The Wye And Usk Foundation (matched by registered charity number).

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram · linkedin

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.6m
Total spending
£1.9m
Cost of raising funds
£41k
Reserves (reported)
£367k
Employees
34

Reported reserves equal ~2.3 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% 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: 2.7% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Ceredigion · Denbighshire · Gloucestershire · Gwynedd · Herefordshire · Monmouthshire · Powys · Torfaen

Income and spending

Financial year endIncomeSpending
31/12/2024£1.6m£1.9m
31/12/2023£2.0m£2.0m
31/12/2022£2.0m£1.6m
31/12/2021£1.8m£1.7m
31/12/2020£1.5m£1.4m

Common questions

Is THE WYE AND USK FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity finished the year with a negative general unrestricted reserve balance of £33,932, though total free reserves including designated funds were £366,674. The trustees confirmed adequate resources to continue as a going concern, supported by secured project funding and a positive forecast cash flow for 2025. Its FY2024 accounts were audited by Azets Audit Services.

Who funds THE WYE AND USK FOUNDATION?

Funders whose own accounts filings name THE WYE AND USK FOUNDATION as a grant recipient include THE JENOUR FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE JENOUR FOUNDATIONFY2024£3k
THE JENOUR FOUNDATIONFY2026—

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government01/04/2024£15kCHF_WEIF1202-2425
UK government01/04/2019£15kWEIF - WATER ENVIRONMENT IMPROVEMENT FUND - CATCHMENT PARTNERSHIP GRANT- WYE
UK government01/04/2018£15kALB - Environment Agency - WYE WFD CRF GRANT PAYMENTS TO CHARITIES
UK government—£15kWye

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.

FunderSimilar charities fundedAmount to them
THE DERBYSHIRE ENVIRONMENTAL TRUST LIMITED1£51k
The Neath Port Talbot Community Voluntary Service Limited1£35k
LANCASHIRE ENVIRONMENTAL FUND LIMITED1£30k
The Ashley Family Foundation1£10k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST AND ST JOHN WITH ST LUKE, ISLE OF DOGS1£5k
THE YORKSHIRE DALES MILLENNIUM TRUST1£2k
JOHN SWIRE 1989 CHARITABLE TRUST1£2k
SKELTON BOUNTY1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with WYRE RIVER TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE WYE AND USK FOUNDATION£1.6m—2above—no doubt
WYRE RIVER TRUST FY2025£2.1m—0unclear—no doubt
WEST WALES RIVERS TRUST FY2025£884k—0unclear—no doubt
EAST YORKSHIRE RIVERS TRUST FY2025£147k—0unclear—no doubt
RIVERS FOUNDATION FY2025£338k—0unclear—no doubt
THAMES RIVERS TRUST FY2025£136k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.