FRANK WATER PROJECTS
Financial health, per its FY2025 accounts
The accounts state that total income for the period was £414,534 against total expenditure of £507,523, resulting in a net expenditure of £92,989. The charity held £51,525 in total reserves at year-end, with free reserves of £41,204, which fell below the trustees' stated satisfactory target of £55,710 during the year but were restored above the target level after the year-end through cost reductions. The organization remains adaptable and resilient despite a challenging fundraising environment.
What the accounts disclose
“The trustees consider the key management personnel to be themselves, the Chief Executive Officer, Head of Operations and Finances, Head of Development and the Head of Programmes and Fundraising. Total remuneration and benefits paid to key management personnel during the year amounted to £98,325” — page 38
“During the year, Frank Water Projects received £15,294 (2024: £15,483) from Frank Water CIC in respect of rent and overheads, and £34,781was owed to the charity at the year end (2024: £44,496 owed to the charity). Of this balance outstanding at the year end, £25,000 consisted of a loan from Frank Water Projects to Frank Water CIC to support their working capital.” — page 44
Structured financials (annual return, FY ending 30/09/2023)
Trustees
- DOCTOR ANOO JAIN DM MRCPCHchair
- Oliver Jones
- Paula Morcillo De Amuedo
- Richard Higgs
- Shawn Smith
- Stephanie Ying Hurry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £415k | £508k |
| 30/09/2024 | £462k | £620k |
| 30/09/2023 | £595k | £499k |
| 30/09/2022 | £522k | £397k |
| 30/09/2021 | £343k | £313k |
Common questions
Is FRANK WATER PROJECTS financially healthy?
The accounts state that total income for the period was £414,534 against total expenditure of £507,523, resulting in a net expenditure of £92,989. The charity held £51,525 in total reserves at year-end, with free reserves of £41,204, which fell below the trustees' stated satisfactory target of £55,710 during the year but were restored above the target level after the year-end through cost reductions. The organization remains adaptable and resilient despite a challenging fundraising environment. Its FY2025 accounts were independently examined.
What does the highest-paid employee of FRANK WATER PROJECTS earn?
Per its FY2025 accounts, the highest-paid employee was in the unclear band.
Who funds FRANK WATER PROJECTS?
Funders whose own accounts filings name FRANK WATER PROJECTS as a grant recipient include THE COLES-MEDLOCK FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE COLES-MEDLOCK FOUNDATION | FY2025 | £10k |
| THE COLES-MEDLOCK FOUNDATION | FY2024 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| Founders Pledge Ltd | 1 | £386k |
| THE BLOOM FOUNDATION | 1 | £143k |
| THE JUSACA CHARITABLE TRUST | 1 | £120k |
| ALLAN AND NESTA FERGUSON CHARITABLE SETTLEMENT | 1 | £20k |
| COLEFAX CHARITABLE TRUST | 1 | £6k |
| ALTOR FOUNDATION | 1 | £5k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIPPENHAM (ST ANDREW) WITH TYTHERTON LUCAS | 1 | £3k |