USWAT WELFARE TRUST
RELIGIOUS ACTIVITIES
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £14 for the year, resulting in total unrestricted funds of £129,604. Per the trustees' report, the charity aims to build reserves to meet its average annual operational need, though no specific monetary target or time-based policy is explicitly stated in the document.
What the accounts disclose
“The Charity aims to build reserve which will enable it to meet its average annual operational need.” — page 5
Trustees
- ADELANI AROGUNDADEchair
- SAKIRAT SALAWU
- TAJUDEEN BELLO
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £68k | £68k |
| 31/03/2024 | £35k | £40k |
| 31/03/2023 | £28k | £33k |
| 31/03/2022 | £36k | £28k |
| 31/03/2021 | £34k | £31k |
Common questions
Is USWAT WELFARE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £14 for the year, resulting in total unrestricted funds of £129,604. Per the trustees' report, the charity aims to build reserves to meet its average annual operational need, though no specific monetary target or time-based policy is explicitly stated in the document. Its FY2025 accounts were independently examined.