THE WATSON FOUNDATION
The Watson Foundation does not fund unsolicited requests preferring to to seek out recipients on our own.
Objects
THE OBJECTS ARE SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD FOR THE BENEFIT OF ALL PERSONS AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £55,816 for the year, with total unrestricted funds increasing to £56,826. The trustees confirm that the charity has sufficient cash reserves to meet all commitments for at least the next 12 months and is prepared on a going concern basis. However, the charity's activities are noted as being uninsured.
What the accounts disclose
“As the Charity makes grants on a discretionary basis, the Trustees have set a fixed reserves target of £1,000, which it met in the current and prior year.” — page 5
“The trustees or those connected to them made donations of £165,000 during the financial year (2023: nil).” — page 11
“Included in other Debtors is an amount of £40,435 (2024: nil) owed from Commonweal Foundation , a US charity connected by virtue of senior management personnel connected to the Trustees.” — page 11
“The trustees or those connected to them made donations of £165,000 during the financial year (2023: nil).” — page 11
“Included in other Debtors is an amount of £40,435 (2024: nil) owed from Commonweal Foundation , a US charity connected by virtue of senior management personnel connected to the Trustees.” — page 11
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
Trustees
- IAN WATSON
- LUCINDA WATSON
- VICTORIA WATSON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £176k | £121k |
| 31/03/2024 | £75 | £26k |
| 31/03/2023 | £102 | £36k |
| 31/03/2022 | £6 | £36k |
| 31/03/2021 | £37 | £48k |
Common questions
Is THE WATSON FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £55,816 for the year, with total unrestricted funds increasing to £56,826. The trustees confirm that the charity has sufficient cash reserves to meet all commitments for at least the next 12 months and is prepared on a going concern basis. However, the charity's activities are noted as being uninsured. Its FY2025 accounts were independently examined.