WHAG
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure of £3,257 for the year, which was absorbed from unrestricted reserves. The trustees acknowledge that free reserves are negative £1,141,110 when designated funds are excluded, a situation attributed to social investment properties secured by a loan. Despite this, the trustees confirm the financial position is satisfactory and there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 1 £60,001 - £70,000” — page 22
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 1” — page 22
“When designated funds of £303,652 are excluded, the free reserves of the charity are negative £1,141,110.” — page 6
“One trustee received remuneration in the year for services other than as a trustee. The remuneration including pension amounted to £65,185 (2023 - £56,871).” — page 21
“The partner of the CEO was paid £1,950 for maintenance work.” — page 28
“The son of the CEO was paid £21,197 for office administration remuneration” — page 28
“The partner of the CEO was paid £1,950 for maintenance work.” — page 28
“The son of the CEO was paid £21,197 for office administration remuneration” — page 28
“The partner of the CEO was paid £1,950 for maintenance work.” — page 28
“The son of the CEO was paid £21,197 for office administration remuneration” — page 28
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Gillian Baran
- Jenny Kovacs
- Livia Drabble
- Lucy Merlo
- Lumka Dabula
- Maggie Cornall
- Munpreet Kaur
- Rachel Hughes
- louise Dean
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.7m | £3.5m |
| 31/03/2024 | £2.4m | £2.4m |
| 31/03/2023 | £2.3m | £2.3m |
| 31/03/2022 | £2.1m | £1.9m |
| 31/03/2021 | £1.3m | £1.2m |
Common questions
Is WHAG financially healthy?
The accounts state that the charity reported a net expenditure of £3,257 for the year, which was absorbed from unrestricted reserves. The trustees acknowledge that free reserves are negative £1,141,110 when designated funds are excluded, a situation attributed to social investment properties secured by a loan. Despite this, the trustees confirm the financial position is satisfactory and there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Wyatt Morris Golland Ltd.
What does the highest-paid employee of WHAG earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.