WSH FOUNDATION
Latest income
£187k
Latest spending
£65k
Registered
2008
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £122,615 for the year, with total unrestricted funds increasing to £530,862. The trustees confirm that the charity has sufficient reserves to cover existing liabilities and maintain flexibility for future grants. The auditor concluded that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
Reserves policy: sufficient reserves to cover its existing liabilities and to give the trustees enough flexibility to support any new worthy causes that align with the charity's aims (held: £531k)
“The policy of the charity is to hold sufficient reserves to cover its existing liabilities and to give the trustees enough flexibility to support any new worthy causes that align with the charity's aims.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from WSH group companies and payments made on behalf of the Foundation by BaxterStorey Limited.
“During the year, donations of £170,410 (2023: £120,000) were received by the Foundation and payments of £1,676 (2023: £1,638) were made on behalf of the Foundation by BaxterStorey Limited, a member of the WSH group.” — page 18
“During the year, donations of £11,299 (2023: £22,259) were received by the Foundation from Searcy Tansley and Company Limited, a member of the WSH group.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Searcy Tansley and Company Limited.
“During the year, donations of £170,410 (2023: £120,000) were received by the Foundation and payments of £1,676 (2023: £1,638) were made on behalf of the Foundation by BaxterStorey Limited, a member of the WSH group.” — page 18
“During the year, donations of £11,299 (2023: £22,259) were received by the Foundation from Searcy Tansley and Company Limited, a member of the WSH group.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Cater Link Limited.
“During the year, donations of £170,410 (2023: £120,000) were received by the Foundation and payments of £1,676 (2023: £1,638) were made on behalf of the Foundation by BaxterStorey Limited, a member of the WSH group.” — page 18
“During the year, donations of £11,299 (2023: £22,259) were received by the Foundation from Searcy Tansley and Company Limited, a member of the WSH group.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to The Nicholls Spinal Injury Foundation, a charity with common trustees.
“During the year, donations of £170,410 (2023: £120,000) were received by the Foundation and payments of £1,676 (2023: £1,638) were made on behalf of the Foundation by BaxterStorey Limited, a member of the WSH group.” — page 18
“During the year, donations of £11,299 (2023: £22,259) were received by the Foundation from Searcy Tansley and Company Limited, a member of the WSH group.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Grants paid to Gold Service Foundation, a charity sharing a common trustee.
“During the year, donations of £170,410 (2023: £120,000) were received by the Foundation and payments of £1,676 (2023: £1,638) were made on behalf of the Foundation by BaxterStorey Limited, a member of the WSH group.” — page 18
“During the year, donations of £11,299 (2023: £22,259) were received by the Foundation from Searcy Tansley and Company Limited, a member of the WSH group.” — page 18
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2021)
Total income
£976k
Total spending
£1.4m
Reserves (reported)
£282k
Employees
0
Trustees
- ALASTAIR STOREY OBEchair
- BEN WARNER
- CHRISTOPHER NOEL MAHONY
- JOHN DAVID BENNETT
- MARC BRADLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £187k | £65k |
| 31/12/2023 | £146k | £75k |
| 31/12/2022 | £124k | £74k |
| 31/12/2021 | £976k | £1.4m |
| 31/12/2020 | £1.6m | £1.1m |
Common questions
Is WSH FOUNDATION financially healthy?
The accounts state that the charity reported a net income of £122,615 for the year, with total unrestricted funds increasing to £530,862. The trustees confirm that the charity has sufficient reserves to cover existing liabilities and maintain flexibility for future grants. The auditor concluded that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by Saffery LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FONTHILL FOUNDATION | 1 | £18k |
| UTILITA GIVING | 1 | £10k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |
| MILLS AND REEVE CHARITABLE TRUST | 1 | £2k |
| THE PENCHANT FOUNDATION | 1 | £250 |
| Moto Foundation | 1 | £150 |
| THE TRIANGLE TRUST 1949 FUND | 1 | £0 |