WESTHILL ENDOWMENT
Financial health, per its FY2023 accounts
The accounts state that total funds decreased from £15,263,800 to £14,728,156 due to a net expenditure of £535,644 exceeding incoming resources. The trustees consider the current level of funding adequate to support the continuation of existing activities. Free reserves totalled £854,530, which the charity's policy aims to maintain at a level covering about one year's grant expenditure.
What the accounts disclose
“Westhill's policy is to seek to maintain sufficient general funds at a level which provides sufficient free funds to cover about one year's worth of grant expenditure.” — page 9
Structured financials (annual return, FY ending 31/07/2025)
Register events
- Received assets from another charity (12/11/2021)
Trustees
- Peter John Ullathornechair
- ANDREW ROBERT MORRIS
- Charlotte Marie Nutt
- David James Slade
- Dr Aisha Ahmad
- Dr Rachael Jackson Royal
- Geraldine Anne Ostrowicz
- LORNA HEWITT
- Philip Neville White
- REV DR KATHRYN MARGARET PRICE
- REV EDWARD SIOR MACGREGOR COLEMAN
- Rev IAN HOWARTH
- Sarah Hauldys Evans
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £508k | £489k |
| 31/07/2024 | £663k | £539k |
| 31/07/2023 | £482k | £387k |
| 31/07/2022 | £486k | £382k |
| 31/07/2021 | £450k | £334k |
Common questions
Is WESTHILL ENDOWMENT financially healthy?
The accounts state that total funds decreased from £15,263,800 to £14,728,156 due to a net expenditure of £535,644 exceeding incoming resources. The trustees consider the current level of funding adequate to support the continuation of existing activities. Free reserves totalled £854,530, which the charity's policy aims to maintain at a level covering about one year's grant expenditure. Its FY2023 accounts were audited by J W Hinks LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £2.2m |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £674k |
| KUSUMA TRUST UK | 1 | £77k |
| CORAM LIFE EDUCATION | 1 | £22k |