WEEECHARITY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £23,456 for the year, reducing its unrestricted reserves to £10,597. The trustees acknowledge that this reserve level is significantly below their stated policy target of three to six months' expenditure. Furthermore, the going concern status is heavily dependent on securing additional funding that has not yet been awarded.
What the accounts disclose
“Reserves has fallen significantly below this level as at the end of the accounting period.”
“The Trustees are aware that the above matters may cast doubt on the charity’s ability to continue as a going concern. However the Trustees have concluded that the charity remains a going concern and have prepared the accounts on that basis.” — page 4
“I have identified a matter of concern in relation to the charity's record keeping. During our work relating to the year ended 31 October 2023, we noted that the bookkeeping and accounting records were incomplete.” — page 6
Trustees
- Alan Hiltonchair
- Angela Brock
- Christopher Sherman Mr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £377k | £294k |
| 31/10/2024 | £282k | £276k |
| 31/10/2023 | £202k | £226k |
| 31/10/2022 | £195k | £243k |
| 31/10/2021 | £259k | £218k |
Common questions
Is WEEECHARITY financially healthy?
The accounts state that the charity reported a deficit of £23,456 for the year, reducing its unrestricted reserves to £10,597. The trustees acknowledge that this reserve level is significantly below their stated policy target of three to six months' expenditure. Furthermore, the going concern status is heavily dependent on securing additional funding that has not yet been awarded. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| B K CHARITABLE TRUST | 1 | £72k |
| M AND L COHEN CHARITABLE TRUST | 1 | £6k |