Bates Wells Foundation
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £4,824 for the year ended 31 March 2024, with total income of £107,406 and total expenditure of £112,230. The trustees regard the financial position as satisfactory, noting that unrestricted reserves provide a sound base for future activity despite the charity's dependence on donation income.
What the accounts disclose
“Bates Wells donated £71,490 in the year to March 2024 (2023: £72,450). Total amount of donations received from Trustees was £5,000 (2023: £Nil).” — page 21
“In addition, Bates Wells provides staff and office facilities as in-kind services for both Bates Wells Foundation and the Stephen Lloyd Awards.” — page 19
“Bates Wells donated £71,490 in the year to March 2024 (2023: £72,450). Total amount of donations received from Trustees was £5,000 (2023: £Nil).” — page 21
“In addition, Bates Wells provides staff and office facilities as in-kind services for both Bates Wells Foundation and the Stephen Lloyd Awards.” — page 19
Funders the charity credits
Trustees
- STEPHANIE BIDENchair
- Andrew James Clifford
- Chetal Nirav Patel
- Hugo James Ricca
- Ian Stanley Joseph
- Jacquelyn Emilia Van Jaarsveld
- Lorna Marion Lloyd
- Martina Nicole Strack
- Nicola Jane Dobson
- Robert James Oakley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £113k | £125k |
| 31/03/2024 | £107k | £112k |
| 31/03/2023 | £97k | £108k |
| 31/03/2022 | £113k | £88k |
| 31/03/2021 | £92k | £70k |
Common questions
Is Bates Wells Foundation financially healthy?
The accounts state that the charity reported a net deficit of £4,824 for the year ended 31 March 2024, with total income of £107,406 and total expenditure of £112,230. The trustees regard the financial position as satisfactory, noting that unrestricted reserves provide a sound base for future activity despite the charity's dependence on donation income. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HAPPY BABY COMMUNITY | 1 | £52k |
| THE LEGAL EDUCATION FOUNDATION | 1 | £10k |