The Weatherbys Creating the Future Foundation
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £579,868, a significant increase from the previous year's £335,373. The trustees report that management of cash reserves is prudent and cautious, with all funds held in interest-bearing accounts. The filing confirms adequate resources for the foreseeable future with no material uncertainties disclosed.
What the accounts disclose
“During the year, the Foundation received donations of £302,000 (2023: £1,720) from Weatherbys Bank Limited. The Foundation holds cash reserves of £582,688 (2023: £337,593) on deposit with Weatherbys Bank Limited. During the year, the Foundation received interest of £13,218 (2023: £9,018) from Weatherbys Bank Limited on deposits held.”
Trustees
- Aimee Elizabeth Elliot
- ROGER NICHOLAS WEATHERBY
- Rose Weatherby
- Shilpa Popat
- Simon Cooper
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £316k | £72k |
| 31/12/2023 | £11k | £8k |
| 31/12/2022 | £5k | £10k |
| 31/12/2021 | £3k | £20k |
| 31/12/2020 | £5k | £32k |
Common questions
Is The Weatherbys Creating the Future Foundation financially healthy?
The accounts state that unrestricted reserves stood at £579,868, a significant increase from the previous year's £335,373. The trustees report that management of cash reserves is prudent and cautious, with all funds held in interest-bearing accounts. The filing confirms adequate resources for the foreseeable future with no material uncertainties disclosed. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |