WALTER LEES FOUNDATION

Registered charity 1138935 · accounts filings on the Charity Commission register

The Trustees shall hold the capital and income of the Trust Fund upon trust to apply the income or capital at such time for the benefit of charitable objects at their discretion.In the objects clause the Trustees are also given power at their discretion to accumulate income for a period of 21 years from the date of death of the deceased.

Objects

TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME AND ALL OR SUCH PART OR PARTS OF THE CAPITAL AT SUCH TIME OR TIMES AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS MY TRUSTEES MAY IN THEIR DISCRETION THINK FIT

Area of benefit: UNDEFINED.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · website · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the trust's total funds increased to £2,483,806.59 at the year end, driven by significant investment gains. The trustees confirm there are no material uncertainties regarding the trust's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Investment

Trustees · trustee networks

• GERALD RICHARD ORNSTEINchair
• MR HUGH MACDOUGALD · trustee of 5 other charities
• Steven Paul Frost

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England And Wales

Income and spending

Common questions