THE WELWYN HATFIELD FOYER CHARITABLE TRUST
Makes grants to organisations
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
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.