Wavestone UK Trust

Registered charity 1171715 · accounts filings on the Charity Commission register · also known as PEN TRUST

The Trust is primarily a grant-giving charity, using its funding to grant funds in turn to other UK charities. In some cases where the Trust has a good relationship with these partner charities, Trustees and Trust volunteers will provide limited non-financial support to these organizations.

Causes: General Charitable Purposes · Education/training · Grant history (this charity is a funder) · Get email alerts

Latest income

£152k

Latest spending

£86k

Registered

2017

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of £72,924 at the year end, representing a significant increase from the previous year's £7,422. The trustees note that this surplus is budgeted to be granted in the following financial year in accordance with their reserves policy. The independent examiner confirmed that no material matters came to their attention during the examination of the financial statements.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: Reserves are maintained into the following year and used in addition to the Trusts annual funding to achieve its objectives. (held: £73k)

“Reserves are maintained into the following year and used in addition to the Trusts annual funding to achieve its objectives.”

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Lee Hubbard
Mr AUSTEN HANCOCK

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

Operates in: Throughout London

Income and spending

Financial year end	Income	Spending
05/04/2025	£152k	£86k
05/04/2024	£100k	£122k
05/04/2023	£127k	£179k
05/04/2022	£171k	£180k
05/04/2021	£158k	£106k

Common questions

Is Wavestone UK Trust financially healthy?

Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £72,924 at the year end, representing a significant increase from the previous year's £7,422. The trustees note that this surplus is budgeted to be granted in the following financial year in accordance with their reserves policy. The independent examiner confirmed that no material matters came to their attention during the examination of the financial statements. Its FY2025 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.

Funder	Similar charities funded	Amount to them
KIDNEY RESEARCH UK	1	£2.5m
THE JORDAN CHARITABLE FOUNDATION	1	£60k
FIELDSDENE TRUST	1	£13k
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF PRINCES RISBOROUGH WITH ILMER	1	£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE STONEYGATE TRUST.

THE STONEYGATE TRUST income £2.3m
IMPACT GIVING UK TRUST income £2.5m
THE SCS TRUST income £166k
THE WELDON UK CHARITABLE TRUST income £259k
GIFT GROW GOOD income £508k
THE WARWICK TRUST income £153k

Side by side with its peers

Charity	Income	Top pay band	Reserves vs policy	Fundraising cost	Going concern
Wavestone UK Trust	£152k	—	unclear	—	no doubt
THE STONEYGATE TRUST FY2025	£2.3m	—	below	—	no doubt
IMPACT GIVING UK TRUST FY2025	£2.5m	—	unclear	—	no doubt
THE SCS TRUST FY2024	£166k	—	within	—	no doubt
THE WELDON UK CHARITABLE TRUST FY2025	£259k	—	unclear	—	no doubt
GIFT GROW GOOD FY2025	£508k	—	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.