Wokingham United Charities
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £850,058 for the year ended 31 March 2024, driven by significant net gains on investments of £1,044,418. The trustees confirm that the charity has adequate resources to continue its activities for the foreseeable future, with unrestricted free reserves of £83,624 available for general use in the Almshouse Fund and £571,960 in the Relief in Need Fund.
What the accounts disclose
“The policy of charity reserves is that the trustees aim to keep them at a level which is sufficient for the charity to fulfil its obligations to pay salaries and running costs for 12 months which is considered prudent.” — page 9
“D Auger, a trustee of the charity, is governor of the Forest Academy Trust. During the year, the charity made a total of £5,967 (2023: £nil) in grants to The Forest School Academy Trust.” — page 40
“K Hadfield, a trustee of the charity, is also a trustee at ARC. During the year, the charity made a total of £15,000 (2023: £7,500) in grants to ARC.” — page 40
“D Auger, a trustee of the charity, is governor of the Forest Academy Trust. During the year, the charity made a total of £5,967 (2023: £nil) in grants to The Forest School Academy Trust.” — page 40
“K Hadfield, a trustee of the charity, is also a trustee at ARC. During the year, the charity made a total of £15,000 (2023: £7,500) in grants to ARC.” — page 40
“D Auger, a trustee of the charity, is governor of the Forest Academy Trust. During the year, the charity made a total of £5,967 (2023: £nil) in grants to The Forest School Academy Trust.” — page 40
“K Hadfield, a trustee of the charity, is also a trustee at ARC. During the year, the charity made a total of £15,000 (2023: £7,500) in grants to ARC.” — page 40
“D Auger, a trustee of the charity, is governor of the Forest Academy Trust. During the year, the charity made a total of £5,967 (2023: £nil) in grants to The Forest School Academy Trust.” — page 40
“K Hadfield, a trustee of the charity, is also a trustee at ARC. During the year, the charity made a total of £15,000 (2023: £7,500) in grants to ARC.” — page 40
“D Auger, a trustee of the charity, is governor of the Forest Academy Trust. During the year, the charity made a total of £5,967 (2023: £nil) in grants to The Forest School Academy Trust.” — page 40
“K Hadfield, a trustee of the charity, is also a trustee at ARC. During the year, the charity made a total of £15,000 (2023: £7,500) in grants to ARC.” — page 40
“The charity owns 100% of the share capital of WUC Land Management Limited (CRN 10788162 and registered office at 22-24 Broad Street, Wokingham, Berkshire RG40 1BA). The company's principal activity is property management.” — page 35
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANNE ELIZABETH KING
- Debra Morrison
- Dr Katharine Hadfield
- Graeme Mark Hobbs
- Henry Anthony Cannon
- JANET ROGERS
- Jane Elizabeth Hartley
- Jonathan Pallas
- Kevin Alan McGill
- Rebecca Margetts
- Simon Curtis
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.4m |
| 31/03/2024 | £1.4m | £1.6m |
| 31/03/2023 | £1.5m | £1.5m |
| 31/03/2022 | £636k | £722k |
| 31/03/2021 | £509k | £503k |
Common questions
Is Wokingham United Charities financially healthy?
The accounts state that the charity reported a net income of £850,058 for the year ended 31 March 2024, driven by significant net gains on investments of £1,044,418. The trustees confirm that the charity has adequate resources to continue its activities for the foreseeable future, with unrestricted free reserves of £83,624 available for general use in the Almshouse Fund and £571,960 in the Relief in Need Fund. Its FY2024 accounts were audited by Vale & West Accountancy Services Limited.