UNITED UTILITIES TRUST FUND
Latest income
£3.5m
Latest spending
£3.5m
Registered
2005
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total funds increased to £341,829, with unrestricted reserves of £263,319, which exceeds the stated policy target of approximately £200,000. The charity is entirely dependent on a £3.5m donation from United Utilities Water PLC, which has been guaranteed for the 2023/2024 financial year. The Trustees consider the financial position satisfactory and confirm the charity is a going concern with no material uncertainties.
What the accounts disclose
Reserves policy: approximately £200,000 (held: £263k)
“The Trustees have reviewed the reserves policy and have agreed that the appropriate target for the Trust’s general, unrestricted reserves should remain at approximately £200,000.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from United Utilities Water Plc
“During the year a £3.5m donation was received from United Utilities Water Plc (2022 - £3.5m). This is the seventeenth year of the charity's activities and it has worked to ensure that potential beneficiaries are aware of the availability of grants, as well as providing grants where applicable.” — page 6
“The Trustees have considered the risk that all donations are received from United Utilities Water plc and the issues that will arise from a failure to receive future donations from United Utilities Water plc. The risk has been mitigated by agreeing with United Utilities Water plc that a donation of £3.5m is guaranteed for the next year (2023/2024).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from United Utilities Water Plc
“During the year a £3.5m donation was received from United Utilities Water Plc (2022 - £3.5m). This is the seventeenth year of the charity's activities and it has worked to ensure that potential beneficiaries are aware of the availability of grants, as well as providing grants where applicable.” — page 6
“The Trustees have considered the risk that all donations are received from United Utilities Water plc and the issues that will arise from a failure to receive future donations from United Utilities Water plc. The risk has been mitigated by agreeing with United Utilities Water plc that a donation of £3.5m is guaranteed for the next year (2023/2024).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from United Utilities Water Plc
“During the year a £3.5m donation was received from United Utilities Water Plc (2022 - £3.5m). This is the seventeenth year of the charity's activities and it has worked to ensure that potential beneficiaries are aware of the availability of grants, as well as providing grants where applicable.” — page 6
“The Trustees have considered the risk that all donations are received from United Utilities Water plc and the issues that will arise from a failure to receive future donations from United Utilities Water plc. The risk has been mitigated by agreeing with United Utilities Water plc that a donation of £3.5m is guaranteed for the next year (2023/2024).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donation from United Utilities Water Plc
“During the year a £3.5m donation was received from United Utilities Water Plc (2022 - £3.5m). This is the seventeenth year of the charity's activities and it has worked to ensure that potential beneficiaries are aware of the availability of grants, as well as providing grants where applicable.” — page 6
“The Trustees have considered the risk that all donations are received from United Utilities Water plc and the issues that will arise from a failure to receive future donations from United Utilities Water plc. The risk has been mitigated by agreeing with United Utilities Water plc that a donation of £3.5m is guaranteed for the next year (2023/2024).” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£3.5m
Total spending
£3.5m
Reserves (reported)
£1.7m
Employees
0
Trustees
- David Robert Berry
- Eamonn James Guilfoyle
- Gary John Dixon
- Jo-Anne Elsa Boswell
- Martin Charles Crowhurst
- Michelle Mather
- Sally Rowena Bence
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.5m | £3.5m |
| 31/03/2024 | £3.5m | £3.5m |
| 31/03/2023 | £3.5m | £3.5m |
| 31/03/2022 | £3.5m | £3.8m |
| 31/03/2021 | £3.8m | £3.5m |
Common questions
Is UNITED UTILITIES TRUST FUND financially healthy?
The accounts state that total funds increased to £341,829, with unrestricted reserves of £263,319, which exceeds the stated policy target of approximately £200,000. The charity is entirely dependent on a £3.5m donation from United Utilities Water PLC, which has been guaranteed for the 2023/2024 financial year. The Trustees consider the financial position satisfactory and confirm the charity is a going concern with no material uncertainties. Its FY2023 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| M B FOUNDATION (ALSO KNOWN AS MOSSAD HORAV MOSHE ARYEH HALEVY) | 1 | £490k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| UK FRIENDS OF YAD YISROEL INCORPORATING SPONSOR A MEAL FOUNDATION | 1 | £1k |
| BCH TRUST | 1 | £1k |