WOLSEY CHARITABLE TRUST
Charitable Activities began on 28th February 2007.Involves relief of sickness and financial hardship and to provide for better education, either generally or individually, in various parts of the world, but particularly in India
Objects
THE RELIEF OF SICKNESS AND FINANCIAL HARDSHIP AND TO PROVIDE FOR BETTER EDUCATION, EITHER GENERALLY OR INDIVIDUALLY, IN VARIOUS PARTS OF THE WORLD, PARTICULARLY BUT NOT EXCLUSIVELY IN AFRICA AND INDIA BY:(1) MAKING GRANTS OF MONEY TO PROVIDE FOR ITEMS, SERVICES OR FACILITIES FOR THE RELIEF OF THE SICK/POOR, INCLUDING THE PROVISION OF LOANS;(2) THE PROVISION OF SCHOOLING, INCLUDING MAKING GRANTS FOR PAYMENTS FOR SCHOOL AND COLLEGE FEES, SKILLS TRAINING, ADVICE AND SUPPORT; AND(3) SUCH OTHER MEANS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds increased to £486,672, exceeding the trustees' policy target of three months' running costs. The charity is primarily funded by family donations and has no disclosed material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the Trustees' policy to aim to create reserves above three months running costs.” — page 4
“The Wolsey Charitable Trust is primarily funded by Nizar and Farida Merali. No non family donations are solicited or encouraged. However if any party do decide to contribute it will not be rejected in totality. ” — page 5
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Corporate structure
- Registered company of the charity Companies House 05945378
Company officers (Companies House)
- MERALI, Nizar Roshanali, Dr on trustee list
- DEWJI-ALIU, Azmeena on trustee list
- MERALI, Afzal Nizar on trustee list
- MERALI, Farida on trustee list
Trustees
- Dr Nizar Roshanali Abdulrasul MERALIchair
- AFZAL MERALI
- AZMEENA DEWJI-ALIU
- FARIDA MERALI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £197k | £176k |
| 31/03/2024 | £71k | £58k |
| 31/03/2023 | £195k | £588k |
| 31/03/2022 | £96k | £392k |
| 31/03/2021 | £394k | £60k |
Common questions
Is WOLSEY CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds increased to £486,672, exceeding the trustees' policy target of three months' running costs. The charity is primarily funded by family donations and has no disclosed material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BENESCO CHARITY LIMITED | 1 | £38.6m |
| THE HELPING FOUNDATION | 1 | £10.0m |
Charities like this
- A W CHARITABLE TRUST
- The King's School Worcester Charitable Trust
- THE WYSELIOT ROSE CHARITABLE TRUST
- VALAN SOCIAL WELFARE TRUST
- THE MATLIWALA FAMILY CHARITABLE TRUST
- WORCESTER CHRISTIAN EDUCATION TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WOLSEY CHARITABLE TRUST | £197k | — | 0 | above | — | no doubt |
| A W CHARITABLE TRUST | £17.6m | — | 0 | unclear | — | no doubt |
| The King's School Worcester Charitable Trust | £494k | — | 0 | above | — | no doubt |
| THE WYSELIOT ROSE CHARITABLE TRUST | £115k | — | 0 | above | — | no doubt |
| VALAN SOCIAL WELFARE TRUST | £759k | — | 0 | unclear | — | no doubt |
| THE MATLIWALA FAMILY CHARITABLE TRUST | £1.4m | — | 0 | above | — | no doubt |