WADE
Registered charity 1178937 · accounts filings on the Charity Commission register · also known as THE WOKINGHAM AND DISTRICT ASSOCIATION FOR THE ELDERLY, THE WOKINGHAM AND DISTRICT ASSOCIATION FOR THE ELDERLY (WADE)
Day Centre for the older residents of the Wokingham Borough over 50 years of age.
Causes: Disability · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total deficit of £111,632 for the year ended 30 June 2025, resulting in a decrease in unrestricted funds from £348,101 to £236,469. Per the trustees' report, unrestricted funds remain satisfactory and the charity has sufficient funds to meet its obligations despite the deficit. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related-party transactions.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £236k; policy: approximately six months unrestricted expenditure)
“Unrestricted funds were largely maintained at this level throughout the year. Funds are held in multiple secure accounts. Reserves remain satisfactory and the charity has sufficient funds to meet its obligations.”
Per its FY2025 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — Wade (matched by registered charity number).
Funders the charity credits
Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).
- Wokingham Lions — “As this was The Wokingham Lions 30th May Fayre, they chose 30 Charities to donate to including Wade for making a meaningful difference to th…” (source page)
Structured financials (annual return, FY ending 30/06/2024)
Cost of raising funds
£96k
Reported reserves equal ~7.2 months of spending — above the median for charities its size (median 7.0 months; benchmarks).
Per its annual return, largest income source: Charitable activities (72% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 18.7% of total income — in the top quarter for charities its size (median 2.9%) (benchmarks).
Register events
- Received assets from another charity (03/06/2019) — per the register’s event history; asset transfers typically record mergers or reorganisations.
- David Lee · trustee of 1 other charity
- Dheshni Gunpath
- Fiona Kim Wright
- Louise Wingfield
- Moira Chaplin
- Sandy Sweet
Trustee list from the Charity Commission register (current, not historical).
Operates in: Wokingham
Income and spending
Common questions
Is WADE financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a total deficit of £111,632 for the year ended 30 June 2025, resulting in a decrease in unrestricted funds from £348,101 to £236,469. Per the trustees' report, unrestricted funds remain satisfactory and the charity has sufficient funds to meet its obligations despite the deficit. The charity operates a defined contribution pension scheme and has no disclosed trading subsidiaries or related-party transactions. Its FY2025 accounts were independently examined.
Who funds WADE?
Funders whose own accounts filings name WADE as a grant recipient include MOBBS MEMORIAL TRUST LIMITED.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
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.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with BURWELL AND DISTRICT DAY CENTRE TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.