WITS FOUNDATION UK
General charitable activities and in particular the advancement of education for the benefit of the public and in particular the advancement of education at the University of the Witwatersrand in South Africa.
Objects
SUCH GENERAL OBJECTS AS ARE CHARITABLE AT LAW AND IN PARTICULAR (BUT WITHOUT PREJUDICE TO THE GENERALITY OF THE FOREGOING WORDS) THE ADVANCEMENT OF EDUCATION FOR THE BENEFIT OF THE PUBLIC AND IN PARTICULAR THE ADVANCEMENT OF EDUCATION AT THE UNIVERSITY OF WITWATERSRAND IN SOUTH AFRICA.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £14,230 for the year, with total funds increasing to £411,287. The trustees consider the reserves position satisfactory, noting sufficient funds to cover minimal overhead commitments. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees believe that the position of the charity is satisfactory as they have sufficient reserves to cover the charity’s minimal overhead commitments.” — page 4
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 04217424
Company officers (Companies House)
- VALODIA, Imraan Abdul Kader, Professor on trustee list
- VILAKAZI, Zeblon Zenzele, Professor on trustee list
- HABIB, Adam Mahomed on trustee list
- KING, David Anthony, Sir on trustee list
- FRANKEL, William Henry not on trustee list
- BUNDY, Colin James, Professor on trustee list
- FRANKEL, William Henry
Register events
- Received assets from another charity (18/10/2022)
Trustees
- WILLIAM HENRY FRANKEL OBE FRSSAchair
- Adam Mahomed Habib
- PROFESSOR COLIN JAMES BUNDY
- Professor Imraan Abdul Kader Valodia
- Professor Zeblon Zenzele Vilakazi
- SIR DAVID ANTHONY KING
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £59k | £44k |
| 31/12/2024 | £74k | £78k |
| 31/12/2023 | £148k | £158k |
| 31/12/2022 | £302k | £264k |
| 31/12/2021 | £124k | £96k |
Common questions
Is WITS FOUNDATION UK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £14,230 for the year, with total funds increasing to £411,287. The trustees consider the reserves position satisfactory, noting sufficient funds to cover minimal overhead commitments. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.