Wokingham United Charities

Registered charity 1107171 · accounts filings on the Charity Commission register · also known as WOKINGHAM UNITED CHARITIES TRUST

Latest income
£1.3m
Latest spending
£1.4m
Registered
2004
Accounts read
FY2024

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

Reserves policy: 12 months of salaries and running costs (held: £656k)
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to The Forest School Academy Trust
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to ARC
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement from Finchampstead and Barkham Relief in Sickness Fund
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to Nine Mile Ride School
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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grant to CLASP
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
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: WUC Land Management Limited
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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Vale & West Accountancy Services Limited.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.4m
Cost of raising funds
£45k
Reserves (reported)
£782k
Employees
4

Reported reserves equal ~6.8 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Wokingham

Income and spending

Financial year endIncomeSpending
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.

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