WILLINGTON COURT LIMITED
The principal activity of the charitable company was that of letting it's freehold property to other charitable organisations.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £15,313 for the year, resulting in total unrestricted funds of £871,679. The trustees maintain a reserves policy targeting three months of unrestricted charitable expenditure and building repairs. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted charitable expenditure and provision for building repairs and maintenance.” — page 5
“The outstanding loan payable to Jubilee Resource Hub amounting to £66,123 (2024: £55,405) will be repaid once 1B Willington Street is sold. Interest is paid at 1.5% above the base rate on the loan. Both charities have common Trustees.” — page 20
“During the year an amount of £5,500 was loaned from Lucy's Foundation at an interest rate of 1.5% above the base rate. Both charities have common Trustees.” — page 20
“The outstanding loan payable to Jubilee Resource Hub amounting to £66,123 (2024: £55,405) will be repaid once 1B Willington Street is sold. Interest is paid at 1.5% above the base rate on the loan. Both charities have common Trustees.” — page 20
“During the year an amount of £5,500 was loaned from Lucy's Foundation at an interest rate of 1.5% above the base rate. Both charities have common Trustees.” — page 20
“The outstanding loan payable to Jubilee Resource Hub amounting to £66,123 (2024: £55,405) will be repaid once 1B Willington Street is sold. Interest is paid at 1.5% above the base rate on the loan. Both charities have common Trustees.” — page 20
“During the year an amount of £5,500 was loaned from Lucy's Foundation at an interest rate of 1.5% above the base rate. Both charities have common Trustees.” — page 20
“The outstanding loan payable to Jubilee Resource Hub amounting to £66,123 (2024: £55,405) will be repaid once 1B Willington Street is sold. Interest is paid at 1.5% above the base rate on the loan. Both charities have common Trustees.” — page 20
“During the year an amount of £5,500 was loaned from Lucy's Foundation at an interest rate of 1.5% above the base rate. Both charities have common Trustees.” — page 20
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £97k | £82k |
| 30/04/2024 | £92k | £135k |
| 30/04/2023 | £92k | £81k |
| 30/04/2022 | £85k | £63k |
| 30/04/2021 | £76k | £50k |
Common questions
Is WILLINGTON COURT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £15,313 for the year, resulting in total unrestricted funds of £871,679. The trustees maintain a reserves policy targeting three months of unrestricted charitable expenditure and building repairs. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2025 accounts were independently examined.