WESLEY HOUSE, CAMBRIDGE
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £17,205,363 significantly exceed the stated policy target of three months of support costs (£332,594). The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by a large one-time receipt of lease compensation.
What the accounts disclose
“One employee received employee benefits of more than £60,000 during the year (2024: one)” — page 32
“One employee received employee benefits of more than £60,000 during the year (2024: one)” — page 32
“The Trustees have established a policy whereby unrestricted funds held by the Charity should cover at least three months of support costs which for the year ended 31 August 2025 was £332,594.” — page 17
“During the year a trustee made a short-term interest bearing loan advance to Wesley House, of £500,000, to be used to carry out charitable activities. Interest is chargeable on the loan at the Bank of England base rate.” — page 36
Structured financials (annual return, FY ending 31/08/2025)
Trustees
- Christine Nelia Elliottchair
- David Peniket
- Dr David Michael Chapman
- JANET ARTHUR
- PROFESSOR Nigel David Poole
- Rev Rose Westwood
- Rev Stephen Burgess
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £8.9m | £2.2m |
| 31/08/2024 | £979k | £1.5m |
| 31/08/2023 | £1.0m | £1.2m |
| 31/08/2022 | £956k | £1.1m |
| 31/08/2021 | £1.1m | £824k |
Common questions
Is WESLEY HOUSE, CAMBRIDGE financially healthy?
The accounts state that unrestricted reserves of £17,205,363 significantly exceed the stated policy target of three months of support costs (£332,594). The charity reports no material uncertainties regarding its ability to continue as a going concern, supported by a large one-time receipt of lease compensation. Its FY2025 accounts were audited by Chater Allan LLP.
What does the highest-paid employee of WESLEY HOUSE, CAMBRIDGE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.