THE GALEN AND HILARY WESTON FOUNDATION
Latest income
£1.1m
Latest spending
£396k
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves decreased from £1,514,579 to £1,126,751 due to charitable expenditure exceeding incoming resources. The trustees report no target level of reserves and confirm the entity is a going concern with adequate funds to meet future commitments.
What the accounts disclose
Reserves policy: no target level of reserves set (held: £1.1m)
“The trustees intend to distribute substantially all undistributed funds by the making of grants within a reasonable timeframe, and on this basis, there is no target level of reserves set.” — page 4
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.1m
Total spending
£396k
Reserves (reported)
£1.8m
Employees
0
Trustees
- ALANNAH ELIZABETH COCHRANEchair
- ANTHONY DAVID EDWARDS
- Alexandria Josefina Forbes
- Dr Sarah Caddick
- James Tugendhat
- John Edgar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.1m | £396k |
| 31/12/2023 | £1.0m | £1.4m |
| 31/12/2022 | £1.0m | £905k |
| 31/12/2021 | £1.1m | £628k |
| 31/12/2020 | £2.0m | £2.0m |
Common questions
Is THE GALEN AND HILARY WESTON FOUNDATION financially healthy?
The accounts state that unrestricted reserves decreased from £1,514,579 to £1,126,751 due to charitable expenditure exceeding incoming resources. The trustees report no target level of reserves and confirm the entity is a going concern with adequate funds to meet future commitments. Its FY2023 accounts were audited by Sayer Vincent LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CURE LEUKAEMIA | 1 | £250k |
| ATTEND | 1 | £118k |
| GENESIS AMERICA (UK) LIMITED | 1 | £90k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £27k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY OF THE ANNUNCIATION BEAMINSTER | 1 | £25k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH NORTH WEST SWINDON AND LYDIARD MILLICENT | 1 | £20k |
| QUORN BAPTIST CHURCH | 1 | £15k |
| UNSEEN (UK) | 1 | £10k |