THE WELWYN HATFIELD FOYER CHARITABLE TRUST
Makes grants to organisations
Objects
1) TO RELIEVE POVERTY BY THE PROVISION OF ACCOMMODATION AND ANY ASSOCIATED AMENITIES FOR SINGLE HOMELESS PERSONS IN NECESSITOUS CIRCUMSTANCES BETWEEN THE AGES OF SIXTEEN AND TWENTY FIVE YEARS IN THE ADMINISTRATIVE AREA OF WELWYN HATFIELD AND TO FURTHER HELP THOSE SO ACCOMMODATED WHO ARE IN NEED OF ADVICE, COUNSELLING AND OTHER FORMS OF AID TO FIND EMPLOYMENT, TRAINING, EDUCATION AND OTHER BENEFIT TO PREPARE THEM FOR A SETTLED WAY OF LIFE IN THE COMMUNITY2) TO ENCOURAGE, FOSTER, ASSIST AND PROVIDE SUCH OF THE ACTIVITIES OF THE WELWYN HATFIELD FOYER AS ARE CHARITABLE AND THOSE OF ANY SIMILAR ORGANISATIONS ESTABLISHED FOR CHARITABLE PURPOSES AS SHALL BE APPROVED BY THE TRUSTEES FROM TIME TO TIMEE
Financial health, per its FY2025 accounts
The accounts state that total unrestricted reserves were £738,524, which is above the trustees' stated policy target of keeping unrestricted reserves above £700,000. The charity reported total income of £63,336 and total expenditure of £57,822, resulting in a net surplus for the year. The trustees confirmed that sufficient resources are available to fund activities for the foreseeable future.
What the accounts disclose
“Investment income during the year was £51,414”
“the Charity should aim to keep its unrestricted reserves above £700,000 in the coming year.”
“The Charity provides support to the Welwyn Hatfield Foyer through the provision of grants to PHCHA. In the year the grants totalled £45,900 (2024: £45,900). PHGL has paid for Trustee Indemnity insurance on behalf of The Welwyn Hatfield Foyer Charitable Trust. The approximate annual value of this is £2,292 (2024: £2,075). The independent examination fee for the charity is paid on an annual basis by PHGL. This is recognised as a donation in the year. At the year end the amount of £5,040 in respect of the independent examination fee is recognised as a debtor (2024: £4,800). PHGL has provided, free of charge, accountancy and administrative services, to The Welwyn Hatfield Foyer Charitable Trust. The approximate value of this is £4,590 (2024: £4,590) and it has been recognised as a donation in kind and reciprocal expense.” — page 13
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- MARK JOHN EDMUND RICHARDSON
- SUE JONES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63k | £58k |
| 31/03/2024 | £63k | £57k |
| 31/03/2023 | £61k | £61k |
| 31/03/2022 | £60k | £60k |
| 31/03/2021 | £58k | £53k |
Common questions
Is THE WELWYN HATFIELD FOYER CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted reserves were £738,524, which is above the trustees' stated policy target of keeping unrestricted reserves above £700,000. The charity reported total income of £63,336 and total expenditure of £57,822, resulting in a net surplus for the year. The trustees confirmed that sufficient resources are available to fund activities for the foreseeable future. Its FY2025 accounts were independently examined.