THE WIGHT AID FOUNDATION
Financial health, per its FY2022 accounts
The accounts state that total income decreased to £87,199 from £136,069 in the prior year, while charitable expenditure on grants remained relatively stable at £66,760. The charity holds unrestricted free reserves of £56,172, which the trustees consider sufficient to meet running costs, noting that administration and support costs are largely met in-kind by Inflight Peripherals Limited.
What the accounts disclose
“The Foundation currently requires only minimal reserves in order to meet its running costs” — page 5
“Inflight Peripherals Ltd have donated resources and volunteer time in helping administer the charity.”
Trustees
- GEOFFREY PAUL UNDERWOOD OBE,DLchair
- BRIAN JAMES MARRIOTT
- Dale Howarth
- David Jackson
- Rachael Randall
- STEPHEN PORTER
- SUSAN LUCAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £112k | £136k |
| 31/12/2023 | £108k | £93k |
| 31/12/2022 | £86k | £91k |
| 31/12/2021 | £138k | £73k |
| 31/12/2020 | £190k | £139k |
Common questions
Is THE WIGHT AID FOUNDATION financially healthy?
The accounts state that total income decreased to £87,199 from £136,069 in the prior year, while charitable expenditure on grants remained relatively stable at £66,760. The charity holds unrestricted free reserves of £56,172, which the trustees consider sufficient to meet running costs, noting that administration and support costs are largely met in-kind by Inflight Peripherals Limited. Its FY2022 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PRISM THE GIFT FUND | 1 | £70k |