WATFORD AND THREE RIVERS TRUST

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

Strengthening Watford's voluntary sector through leadership, support, advice and example.

Objects

THE PROMOTION OF ANY CHARITABLE PURPOSES FOR THE BENEFIT OF THE COMMUNITY IN THE BOROUGH OF WATFORD OR THE DISTRICT OF THREE RIVERS OR THEIR SURROUNDING AREAS, AND IN PARTICULAR THE ADVANCEMENT OF EDUCATION, THE PROTECTION OF HEALTH AND THE RELIEF OF POVERTY, DISTRESS AND SICKNESS.

Area of benefit: BOROUGH OF WATFORD OR THE DISTRICT OF THREE RIVERS OR THEIR SURROUNDING AREAS

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · Economic/community Development/employment · website · Get email alerts

Latest income
£4.5m
Latest spending
£4.5m
Registered
2001
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit on the year of £53,620, resulting in a decrease in net assets to £985,176. Despite this deficit, the Trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves held at £729,025. The auditor confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (91% of income)
“Income from charitable activities totalled £4,054,820 (2024: £3,183,302) and the largest component of this is project grants of £3,753,661” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: between £50,000 and £1,508,252 (held: £729k)
“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 2024-25 this sets a reserve of between £50,000 and £1,508,252.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (0 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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).

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: 0.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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?

Per its FY2025 accounts: The accounts state that the charity reported a deficit on the year of £53,620, resulting in a decrease in net assets to £985,176. Despite this deficit, the Trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves held at £729,025. The auditor confirmed that the going concern basis of accounting is appropriate and identified no material uncertainties regarding the charity's ability to continue. Its FY2025 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 Community Fund19/03/2026£20kDig Deep strengthening communities from the ground up
The National Lottery Community Fund22/11/2018£309kNeighbours Together
The National Lottery Heritage Fund18/07/2017£10k"Sharing is Caring: Enabling resilience in older people"

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 WATFORD AND THREE RIVERS REFUGEE PARTNERSHIP.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WATFORD AND THREE RIVERS TRUST£4.5m—0unclear—no doubt
WATFORD AND THREE RIVERS REFUGEE PARTNERSHIP FY2024£135k—0unclear—no doubt
WATFORD WOMEN'S CENTRE FY2025£575k—0unclear—no doubt
THE WATFORD FULLER FOUNDATION FY2025£170k—0unclear—no doubt
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST LUKE, WATFORD FY2025£349k—0above—no doubt
WATFORD FC'S COMMUNITY SPORTS & EDUCATION TRUST FY2025£3.0m—0unclear—no doubt

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