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THE WASTE AND RESOURCES ACTION PROGRAMME

Registered charity 1159512 · accounts filings on the Charity Commission register · also known as WRAP

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Latest income
£28.7m
Latest spending
£29.5m
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income decreased by 5.3% to £28.7m, while total expenditure increased by 10.9% to £29.5m, resulting in a net decrease in total funds of £3.6m. The charity holds £14.9m in actual reserves against a minimum required balance of £9.4m, with the Trustees confirming that adequate resources are available to continue operations for the foreseeable future.

What the accounts disclose

Reserves policy: minimum required reserves balance of £9.4m (held: £14.9m)
“At 31st March 2025 this analysis suggests a minimum required reserves balance of £9.4m”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Behaviour Change Ltd charged WRAP £472k for technical research.
“In 2024-25 Behaviour Change Limited charged WRAP £472k (2024:£389k) for technical research.”
“In 2024-25 WRAP charged £52k (2024:£48k) to Unilever UK Ltd, of which the chair of trustees is a former director.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: WRAP charged Unilever UK Ltd £52k; Chair of Trustees is a former director of Unilever UK.
“In 2024-25 Behaviour Change Limited charged WRAP £472k (2024:£389k) for technical research.”
“In 2024-25 WRAP charged £52k (2024:£48k) to Unilever UK Ltd, of which the chair of trustees is a former director.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Sayer Vincent LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£28.7m
Total spending
£29.5m
Cost of raising funds
£333k
Reserves (reported)
£4.6m
Employees
292

Reported reserves equal ~1.9 months of spending — below the median for charities its size (median 4.6 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£28.7m£29.5m
31/03/2024£30.3m£26.6m
31/03/2023£23.5m£25.1m
31/03/2022£26.7m£25.0m
31/03/2021£15.8m£22.6m

Common questions

Is THE WASTE AND RESOURCES ACTION PROGRAMME financially healthy?

The accounts state that total income decreased by 5.3% to £28.7m, while total expenditure increased by 10.9% to £29.5m, resulting in a net decrease in total funds of £3.6m. The charity holds £14.9m in actual reserves against a minimum required balance of £9.4m, with the Trustees confirming that adequate resources are available to continue operations for the foreseeable future. Its FY2025 accounts were audited by Sayer Vincent LLP.