WETWHEELS FOUNDATION
Registered charity 1148600 · accounts filings on the Charity Commission register · also known as DISABLED POWERBOATING TRUST, WET WHEELS FOUNDATION · also registered in Scotland as SC051304 (OSCR)
We believe in equality of opportunity for all disabled people. We work hard to achieve this, by ensuring as many disabled people as possible are able to access the sea.By offering the opportunity to experience the sea - not just as a passenger, but as active participants - on board our specially built accessible powerboats, we build confidence and improve physical and mental wellbeing.
Causes: Disability · Grant history (this charity is a funder) · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds stood at £53,222 as of 31 March 2025, which the trustees consider represents six months of core costs. This level of reserves is maintained in line with the charity's policy target of between three and six months' expenditure. The total funds held were £784,019, with the board monitoring finances closely to ensure ongoing viability.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: between three and six month’s expenditure (held: £53k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grants to Wetwheels Solent CIC, where Trustee Geoff Holt is a Director.
“Grants totalling £122,985 (2024: £118,738) were allocated to various Wetwheels CICs, for water-based activities, of which Trustee Geoff Holt is a Director of Wetwheels Solent.” — page 32
“A £10,000 loan was received from Geoff Holt on 15 May 2024. This was repaid on 27 November 2024.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan from Trustee Geoff Holt.
“Grants totalling £122,985 (2024: £118,738) were allocated to various Wetwheels CICs, for water-based activities, of which Trustee Geoff Holt is a Director of Wetwheels Solent.” — page 32
“A £10,000 loan was received from Geoff Holt on 15 May 2024. This was repaid on 27 November 2024.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — Wetwheels Foundation (matched by registered charity number).
Public profiles (found on the charity’s own website): facebook
- TREVOR PHILLIPSchair
- David Parkinson
- Hayley Harris
- Laura Kay Trapnell
- Paul Strzelecki
Trustee list from the Charity Commission register (current, not historical).
Operates in: Guernsey · Jersey · Northern Ireland · Scotland · Throughout England And Wales
Income and spending
Common questions
Is WETWHEELS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds stood at £53,222 as of 31 March 2025, which the trustees consider represents six months of core costs. This level of reserves is maintained in line with the charity's policy target of between three and six months' expenditure. The total funds held were £784,019, with the board monitoring finances closely to ensure ongoing viability. Its FY2025 accounts were independently examined.
Who funds WETWHEELS FOUNDATION?
Funders whose own accounts filings name WETWHEELS FOUNDATION as a grant recipient include THE PATRICK & HELENA FROST FOUNDATION, CHARTERED ACCOUNTANTS' LIVERY CHARITY, THE GEOFF & FIONA SQUIRE FOUNDATION, FRAZER TRUST.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE WHEELYBOAT TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.