CUMBRIA WASTE MANAGEMENT ENVIRONMENT TRUST
Latest income
£470k
Latest spending
£652k
Registered
2002
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,822 against a stated policy target of £40,000, indicating reserves are below the policy target. The auditor confirmed the use of the going concern basis with no material uncertainties identified, noting the trust has adequate resources for the foreseeable future.
What the accounts disclose
Highest-paid employee band: Under £60,000 — above the median for charities its size (£60k)
“The Grant Managers remuneration does not exceed £60,000.”
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy
“The reserves of the charity are £683,116, this includes restricted funds allocated for grants awarded of £494,664 and restricted funds not yet allocated of £188,452. The charity also has unrestricted funds of £1,822.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Adrian Banford is a trustee of both CWMET and Cumbria Wildlife Trust Limited. CWMET awarded no grants to Cumbria Wildlife Trust Limited in the current year (2023: nil).
“During the year Cumbria Waste Management Environment Trust (CWMET) awarded no grants (2023: no grants) to Cumbria Wildlife Trust Limited for £nil (2023: £nil) separate projects. Adrian Banford is a trustee of both CWMET and Cumbria Wildlife Trust Limited.” — page 28
“The prior year grant was awarded to Cultura Trust for a project. Adrian Banford is a trustee of both CWMET and Cultura Trust. Adrian Banford was not involved in any of the decision making regarding the award of the grant. The grant awarded in the prior year was for £8,965, this amount was still outstanding at the year end.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Adrian Banford is a trustee of both CWMET and Cultura Trust. A grant of £8,965 was awarded to Cultura Trust in the prior year and was still outstanding at year end.
“During the year Cumbria Waste Management Environment Trust (CWMET) awarded no grants (2023: no grants) to Cumbria Wildlife Trust Limited for £nil (2023: £nil) separate projects. Adrian Banford is a trustee of both CWMET and Cumbria Wildlife Trust Limited.” — page 28
“The prior year grant was awarded to Cultura Trust for a project. Adrian Banford is a trustee of both CWMET and Cultura Trust. Adrian Banford was not involved in any of the decision making regarding the award of the grant. The grant awarded in the prior year was for £8,965, this amount was still outstanding at the year end.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Funders the charity credits
- Landfill Communities Fund
Trustees
- Niall Daniel McNulty
- PAUL MARTIN YOUNGER
- Stephen Trotter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £470k | £652k |
| 31/03/2024 | £408k | £289k |
| 31/03/2023 | £386k | £262k |
| 31/03/2022 | £427k | £304k |
| 31/03/2021 | £257k | £246k |
Common questions
Is CUMBRIA WASTE MANAGEMENT ENVIRONMENT TRUST financially healthy?
The accounts state that unrestricted reserves stood at £1,822 against a stated policy target of £40,000, indicating reserves are below the policy target. The auditor confirmed the use of the going concern basis with no material uncertainties identified, noting the trust has adequate resources for the foreseeable future. Its FY2025 accounts were audited by Saint & Co..
What does the highest-paid employee of CUMBRIA WASTE MANAGEMENT ENVIRONMENT TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN LAING CHARITABLE TRUST | 1 | £100k |
| BACON FOUNDATION LTD | 1 | £60k |
| BEEBY FAMILY FOUNDATION | 1 | £50k |
| FRANCIS C SCOTT CHARITABLE TRUST | 1 | £48k |
| SWIRE 2765 | 1 | £15k |