Charity Accounts Intelreading the accounts so you don’t have to

THE WANDS CHARITABLE TRUST

Registered charity 1159851 · accounts filings on the Charity Commission register

Latest income
£384k
Latest spending
£649k
Registered
2015
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total net assets fell from £655,040 to £625,508 during the year, driven by significant discretionary grants of £370,000 which exceeded incoming resources. The Trustees note that they do not maintain a level of income reserves, aiming instead to distribute a large percentage of net income received each year. Despite the reduction in assets, the Trustees confirm there are adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: do not maintain a level of income reserves (held: £626k)
“The Trustees aim to distribute a large percentage of net income received in each financial year and therefore do not maintain a level of income reserves.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Investment management fees paid to Rathbone Brothers Plc, a related party where trustees are employees and a subsidiary is involved.
“the only related party transactions falling to be disclosed in these accounts are the fees of £5,923 (2023: £7,215) payable to Rathbone Brothers Plc for investment management and administration services, of which Peter Thomson and Kerry Clayton are employees and the Rathbones Trust Company Limited is a subsidiary.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
05/04/2025£384k£649k
05/04/2024£221k£378k
05/04/2023£197k£9k
05/04/2022£435k£511k
05/04/2021£100k£9k

Common questions

Is THE WANDS CHARITABLE TRUST financially healthy?

The accounts state that total net assets fell from £655,040 to £625,508 during the year, driven by significant discretionary grants of £370,000 which exceeded incoming resources. The Trustees note that they do not maintain a level of income reserves, aiming instead to distribute a large percentage of net income received each year. Despite the reduction in assets, the Trustees confirm there are adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.

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.

FunderSimilar charities fundedAmount to them
SF FOUNDATION1£33k
THE KNIGHTLAND FOUNDATION1£30k
THE STORZ CHARITABLE TRUST1£9k
THE ESFANDI CHARITABLE FOUNDATION1£0

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with JOAN AINSLIE CHARITABLE TRUST.