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WATFORD AND THREE RIVERS TRUST

Registered charity 1085518 · accounts filings on the Charity Commission register · also known as WATFORD COUNCIL FOR VOLUNTARY SERVICE

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Latest income
£4.5m
Latest spending
£4.5m
Registered
2001
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £142,567 for the year ended 31 March 2024, with total income of £3,530,711 and expenditure of £3,388,144. Per the trustees' report, unrestricted reserves stood at £755,172, which falls within the stated policy target range of £50,000 to £1,129,381. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified.

What the accounts disclose

Reserves policy: between one third of annual running costs and that amount required to meet W3RT's reasonable cash flow needs for the coming twelve months while holding at least 50,000 for contingency (held: £755k)
“The Trustees have agreed that W3RT should hold General Fund Reserves between one third of annual running costs and that amount required to meet W3RT's reasonable cash flow needs for the coming twelve months while holding at least 50,000 for contingency. For 2023-24 this sets a reserve of between 50,000 and 1,129,381.” — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Gowers Limited. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.5m
Total spending
£4.5m
Cost of raising funds
£8k
Reserves (reported)
£732k
Employees
41

Reported reserves equal ~1.9 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

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Trustees

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/03/2025£4.5m£4.5m
31/03/2024£3.5m£3.4m
31/03/2023£3.6m£3.3m
31/03/2022£3.4m£3.3m
31/03/2021£2.4m£2.3m

Common questions

Is WATFORD AND THREE RIVERS TRUST financially healthy?

The accounts state that the charity reported a surplus of £142,567 for the year ended 31 March 2024, with total income of £3,530,711 and expenditure of £3,388,144. Per the trustees' report, unrestricted reserves stood at £755,172, which falls within the stated policy target range of £50,000 to £1,129,381. The auditor confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future with no material uncertainties identified. Its FY2024 accounts were audited by Gowers Limited.

Government & lottery funding

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

FunderDateAmountPurpose
The National Lottery Heritage Fund18/07/2017£10k"Sharing is Caring: Enabling resilience in older people"