WESTMINSTER AMALGAMATED CHARITY
The charity makes grants to organisations and individuals in the City of Westminster for the relief of need.
Financial health, per its FY2024 accounts
The charity holds unrestricted designated reserves of £767,374, which the trustees note settles between £900K and £1.1M annually to ensure continuity of objectives. Total expenditure for the year was £244,397, funded by investment income of £235,366 and a donation of £25,000. The trustees are satisfied with the financial position and the auditors confirmed no material uncertainties regarding going concern.
What the accounts disclose
Trustees
- Christopher Hooley
- Geraldine Elliott
- JENNIFER BIANCO DL
- LINDA E MCHUGH
- MAX YOUNG
- Matthew Keane
- SIMON CARRUTH
- Toby Jameson-Till
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £260k | £244k |
| 31/12/2023 | £222k | £252k |
| 31/12/2022 | £221k | £273k |
| 31/12/2021 | £218k | £333k |
| 31/12/2020 | £325k | £368k |
Common questions
Is WESTMINSTER AMALGAMATED CHARITY financially healthy?
Per its FY2024 accounts: The charity holds unrestricted designated reserves of £767,374, which the trustees note settles between £900K and £1.1M annually to ensure continuity of objectives. Total expenditure for the year was £244,397, funded by investment income of £235,366 and a donation of £25,000. The trustees are satisfied with the financial position and the auditors confirmed no material uncertainties regarding going concern. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JULIA RAUSING TRUST | 1 | £1.0m |
| THE BLAKEY FOUNDATION | 1 | £53k |
| THE HEADLEY TRUST | 1 | £45k |
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £30k |
| THE KIRBY LAING FOUNDATION | 1 | £25k |
| THE MCCORQUODALE CHARITABLE TRUST | 1 | £25k |
| THE STEVENSON FAMILY'S CHARITABLE TRUST | 1 | £23k |
| THE HOBSON CHARITY LIMITED | 1 | £20k |
Charities like this
- CITY OF WESTMINSTER CHARITABLE TRUST
- WESTMINSTER CITIZENS ADVICE BUREAU SERVICE
- WESTMINSTER FUND
- THE WESTMINSTER FOUNDATION
- WESTMINSTER ALMSHOUSES FOUNDATION
- THE WESTMINSTER ABBEY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WESTMINSTER AMALGAMATED CHARITY | £260k | — | 0 | unclear | — | no doubt |
| CITY OF WESTMINSTER CHARITABLE TRUST | £230k | — | 0 | unclear | — | no doubt |
| WESTMINSTER CITIZENS ADVICE BUREAU SERVICE | £1.7m | — | 0 | below | — | no doubt |
| WESTMINSTER FUND | £23.8m | — | 0 | unclear | — | no doubt |
| THE WESTMINSTER FOUNDATION | £5.0m | — | — | unclear | — | no doubt |
| WESTMINSTER ALMSHOUSES FOUNDATION | £840k | — | 0 | above | — | no doubt |