WORCESTERSHIRE COMMUNITY FOUNDATION LIMITED
Financial health, per its FY2023 accounts
The accounts state that total reserves increased to £1,816,001, with general unrestricted reserves at £218,346. The trustees maintain a reserves policy of six to twelve months' expenditure and consider this level adequate to mitigate risks. The filing confirms adequate resources for the foreseeable future with no material uncertainties identified.
What the accounts disclose
“It is the policy of the Foundation that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six to twelve month’s expenditure.” — page 5
“Community First in Herefordshire and Worcestershire had a mutual trustee of Mr R Britton. Payroll services and administration are provided by Community First. There is £nil outstanding to Community First in Herefordshire and Worcestershire at year end (2022 -£48 ).” — page 23
“Donations are received from trustees to support the work of the Foundation. These are freely given.” — page 23
“Community First in Herefordshire and Worcestershire had a mutual trustee of Mr R Britton. Payroll services and administration are provided by Community First. There is £nil outstanding to Community First in Herefordshire and Worcestershire at year end (2022 -£48 ).” — page 23
“Donations are received from trustees to support the work of the Foundation. These are freely given.” — page 23
Structured financials (annual return, FY ending 30/09/2023)
Trustees
- JONATHAN CHENEVIX-TRENCHchair
- David Shaw
- Kathleen Leather
- LT COL Mark Jackson OBE
- Mark James Yates
- Nick Wentworth Stanley
- Oliver Carpenter
- TAMAR THOMPSON
- Tim Venner
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £379k | £344k |
| 30/09/2024 | £227k | £341k |
| 30/09/2023 | £511k | £496k |
| 30/09/2022 | £280k | £745k |
| 30/09/2021 | £1.1m | £706k |
Common questions
Is WORCESTERSHIRE COMMUNITY FOUNDATION LIMITED financially healthy?
The accounts state that total reserves increased to £1,816,001, with general unrestricted reserves at £218,346. The trustees maintain a reserves policy of six to twelve months' expenditure and consider this level adequate to mitigate risks. The filing confirms adequate resources for the foreseeable future with no material uncertainties identified. Its FY2023 accounts were independently examined.
Who funds WORCESTERSHIRE COMMUNITY FOUNDATION LIMITED?
Funders whose own accounts filings name WORCESTERSHIRE COMMUNITY FOUNDATION LIMITED as a grant recipient include THE BRANSFORD TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE BRANSFORD TRUST | FY2023 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AMATEURS TRUST | 1 | £90k |
| CHK Foundation | 1 | £80k |
| PRISM THE GIFT FUND | 1 | £70k |
| THE CHARLES RUSSELL SPEECHLYS FOUNDATION | 1 | £33k |
| THE SIMON & ELIZABETH BATEY CHARITABLE TRUST | 1 | £22k |
| THE WO STREET CHARITABLE FOUNDATION | 1 | £20k |
| THE CHARLOTTE HEBER-PERCY CHARITABLE TRUST | 1 | £10k |
| THE SWALLOW TRUST | 1 | £10k |