WAKEFIELD AND TETLEY TRUST
The Trust's objects are to help inhabitants of the area of benefit (Tower Hamlets, Southwark, City of London) in need through age, financial hardship, sickness or disadvantage, and to support the charitable activities of the parish of All Hallows by the Tower. The Trust gives grants to registered charities and not-for-profit companies for activities and projects which will advance the objects.
Financial health, per its FY2024 accounts
The accounts state that the charity's overall financial position is relatively strong, with total reserves of £15,879,134 at year-end 2024. The trustees confirmed that resources are adequate to fulfill all charitable obligations and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“In 2024, two employee earned more than £60,000 in emoluments (2023: Nil)” — page 24
“In 2024, two employee earned more than £60,000 in emoluments (2023: Nil)” — page 24
“Trustees wish to hold free reserves equivalent to the level of total expenditure expected over a two-year period and agreed in June 2024 that average annual expenditure of £450k should guide the total amount of free reserves to be £900k” — page 11
“In 2024, a grant with a value of £900 was awarded to St James and Christ Church and St Crispin, which has one Trustee in common with the Trust. No amounts were outstanding at the year end.” — page 27
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 2 (FY2024).
Trustees
- PATRICK RICHARD NICHOLAS KELLYchair
- CLARE MURPHY
- Elizabeth Cis
- Harriet Margaret Dawson Lowe
- Ian John Barrett
- Isabel Marion Wenzl-Arellano
- Kevin William McCullough
- Margaret Joan Infield
- Mohima Kamaly
- STUART IAN MORGANSTEIN
- Susan Elan Jones
- Tim McNally
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £434k | £439k |
| 31/12/2023 | £375k | £470k |
| 31/12/2022 | £342k | £481k |
| 31/12/2021 | £421k | £464k |
| 31/12/2020 | £377k | £443k |
Common questions
Is WAKEFIELD AND TETLEY TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity's overall financial position is relatively strong, with total reserves of £15,879,134 at year-end 2024. The trustees confirmed that resources are adequate to fulfill all charitable obligations and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of WAKEFIELD AND TETLEY TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the more than £60,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARIE CELESTE SAMARITAN SOCIETY | 1 | £50k |
| THE THEATRES TRUST CHARITABLE FUND | 1 | £10k |
| THE REED FOUNDATION | 1 | £5k |
| The William Brake Foundation | 1 | £1k |
| LEADERS IN COMMUNITY | 1 | £0 |
Charities like this
- TOWER HILL TRUST
- WAKEFIELD THEATRE TRUST
- WAKEFIELD TRINITY COMMUNITY TRUST
- COMMUNITY FOUNDATION FOR WAKEFIELD
- TOWER HAMLETS AND CANARY WHARF FURTHER EDUCATION TRUST
- WAKEFIELD CHARITIES HOMES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WAKEFIELD AND TETLEY TRUST | £434k | more than £60,000 | 2 | unclear | — | no doubt |
| TOWER HILL TRUST | £297k | — | 0 | unclear | — | no doubt |
| WAKEFIELD THEATRE TRUST | £2.4m | £60,001 - £70,000 | 1 | unclear | 5.8% | no doubt |
| WAKEFIELD TRINITY COMMUNITY TRUST | £498k | — | 0 | unclear | — | no doubt |
| COMMUNITY FOUNDATION FOR WAKEFIELD | £192k | — | 0 | unclear | — | no doubt |
| TOWER HAMLETS AND CANARY WHARF FURTHER EDUCATION TRUST | £204k | — | — | unclear | — | no doubt |