WELLS COMMUNITY HOSPITAL TRUST
The charity's works are to improve and maintain the Health and Wellbeing of our coastal community.The Trust owns and runs out of the old cottage hospital.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves were £181,920, which is below the trustees' stated policy target of approximately £165,000 (equivalent to six months' operating expenditure). Total expenses increased to £359,487 while overall income decreased by 11% compared to the previous year. The trustees acknowledge financial viability as a key risk but confirm the charity is operating on a going concern basis.
What the accounts disclose
“Grants - 88,614 88,614 - 116,733 116,733” — page 16
“It is the trustees’ intention to build up free reserves (unrestricted current assets less liabilities) to the equivalent of six months operating expenditure which amounts to approximately £165,000.” — page 7
Property (HM Land Registry)
Register events
- Received assets from another charity (20/12/2023)
Trustees
- Timothy Francis Howchair
- Dr Clare Collins
- Dr David Andrew James Ince
- Lisa Reynolds
- Simon Parkes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £300k | £361k |
| 31/03/2024 | £337k | £335k |
| 31/03/2023 | £259k | £291k |
| 31/03/2022 | £238k | £231k |
| 31/03/2021 | £185k | £182k |
Common questions
Is WELLS COMMUNITY HOSPITAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves were £181,920, which is below the trustees' stated policy target of approximately £165,000 (equivalent to six months' operating expenditure). Total expenses increased to £359,487 while overall income decreased by 11% compared to the previous year. The trustees acknowledge financial viability as a key risk but confirm the charity is operating on a going concern basis. Its FY2025 accounts were independently examined.
Who funds WELLS COMMUNITY HOSPITAL TRUST?
Funders whose own accounts filings name WELLS COMMUNITY HOSPITAL TRUST as a grant recipient include AUDREY EARLE CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| AUDREY EARLE CHARITABLE TRUST | FY2023 | £5k | |
| AUDREY EARLE CHARITABLE TRUST | FY2022 | £3k |