WM FUNDERS NETWORK
To promote efficiency and effectiveness in the charitable activities of voluntary organisations and grant making charities working in the West Midlands and the effective use of charitable resources for the public benefit in particular but not exclusively by promoting and developing good practice in the making of charitable grants by exchanging information, knowledge, expertise and experience.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £7,757 for the year, with unrestricted cash reserves of £17,175 significantly exceeding the trustees' prudent target of £5,400. The organization transitioned from accruals to payments and receipts accounting, resulting in a reported income increase to £33,819. The independent examiner confirmed that no material matters came to attention during the examination of the accounts.
What the accounts disclose
“The year’s income was comprised of £19,200 in grants and donations, £4,000 in sponsorship, £8,533 in membership subscriptions and £2,086 in event income.”
“The trustees still assert it is prudent to hold 3 months’ operating costs in reserve (c.£5,400).” — page 7
Funders the charity credits
- Local Trust
- National Lottery Community Fund
Trustees
- Steven Simpsonchair
- Carla Belle
- Debbie Pippard
- Kirsty Dyke
- Melinda Connelly
- Peter Cunnison
- Peter Hardisty
- Tina Costello
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34k | £26k |
| 31/03/2024 | £23k | £24k |
| 31/03/2023 | £18k | £18k |
| 31/03/2022 | £20k | £20k |
| 31/03/2021 | £15k | £22k |
Common questions
Is WM FUNDERS NETWORK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £7,757 for the year, with unrestricted cash reserves of £17,175 significantly exceeding the trustees' prudent target of £5,400. The organization transitioned from accruals to payments and receipts accounting, resulting in a reported income increase to £33,819. The independent examiner confirmed that no material matters came to attention during the examination of the accounts. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Barrow Cadbury Trust | 28/03/2024 | £16k | Embedding good practice in funding approaches in the WM |
| Barrow Cadbury Trust | 19/03/2021 | £15k | WMFN Core grant |
| Barrow Cadbury Trust | 05/09/2018 | £15k | WMFN's strategic role and impact |
| Barrow Cadbury Trust | 31/03/2015 | £15k | Charitable Trusts West Midlands Development 2015-18 |