POA WELFARE FUND
The charity provides grants to past or present members of the POA in cases of need, hardship or distress. They also provide grants to other charitable organisations for the relief of the poor.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased from £1,444,409 to £1,604,050, driven by a net income of £159,641. The charity holds £1,080,152 in net current assets, including £79,437 in cash and £523,898 in listed investments. The trustees and auditors confirm the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Trustees
- DAVID TODD
- JOSEPH SIMPSON
- Mark Fairhurst
- STEPHEN GILLAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £451k | £430k |
| 31/12/2024 | £473k | £337k |
| 31/12/2023 | £401k | £282k |
| 31/12/2022 | £381k | £344k |
| 31/12/2021 | £403k | £290k |
Common questions
Is POA WELFARE FUND financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased from £1,444,409 to £1,604,050, driven by a net income of £159,641. The charity holds £1,080,152 in net current assets, including £79,437 in cash and £523,898 in listed investments. The trustees and auditors confirm the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were audited by Sturgess Hutchinson (Leicester) Limited.
Charities like this
- THE POSK FOUNDATION
- WAFA RELIEF
- The British Airways Benevolent Fund
- PONOSI FOUNDATION
- PADWA CHARITABLE FOUNDATION
- CHARITWORTH LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| POA WELFARE FUND | £451k | — | 0 | unclear | — | no doubt |
| THE POSK FOUNDATION | £154k | — | 0 | unclear | — | no doubt |
| WAFA RELIEF | £560k | — | 0 | unclear | — | no doubt |
| The British Airways Benevolent Fund | £120k | — | 0 | above | — | no doubt |
| PONOSI FOUNDATION | £144k | — | 0 | unclear | — | no doubt |
| PADWA CHARITABLE FOUNDATION | £244k | — | 0 | unclear | — | no doubt |