WADE
Day Centre for the older residents of the Wokingham Borough over 50 years of age.
Objects
TO PROMOTE THE WELFARE OF THE ELDERLY IN ANY MANNER WHICH BY LAW IS DEEMED TO BE CHARITABLE AND WITHIN THE WOKINGHAM BOROUGH COUNCIL AREA.
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.
What the accounts disclose
“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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2025
- Volunteers: 15
- Government income: £106,494 — contracts £106,494 (1); 22% of the £485,099 total gross income on the same return
Self-declared on the annual return for the financial year ending 30/06/2024
- Volunteers: 20
- Government income: £64,099 — contracts £64,099 (1); 12% of the £513,615 total gross income on the same return
Self-declared on the annual return for the financial year ending 30/06/2023
- Volunteers: 20
- Government income: £125,369 — contracts £125,369 (1); 23% of the £541,552 total gross income on the same return
Funders the charity credits
Structured financials (annual return, FY ending 30/06/2024)
Register events
- Received assets from another charity (03/06/2019)
Trustees
- David Lee
- Dheshni Gunpath
- Fiona Kim Wright
- Louise Wingfield
- Moira Chaplin
- Sandy Sweet
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £485k | £597k |
| 30/06/2024 | £514k | £579k |
| 30/06/2023 | £542k | £507k |
| 30/06/2022 | £432k | £445k |
| 30/06/2021 | £262k | £331k |
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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MOBBS MEMORIAL TRUST LIMITED | FY2023 | £3k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 20/11/2020 | £8k | Wade Leaking Roof Project |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
| Prosper Wakefield District Ltd | 1 | £2k |
| DUCHY HEALTH CHARITY LIMITED | 1 | £1k |
Charities like this
- BURWELL AND DISTRICT DAY CENTRE TRUST
- DALES-CARE
- THE WYCHWOODS DAY CENTRE LIMITED
- CONCERN WADEBRIDGE
- AGE UK WAKEFIELD DISTRICT
- HOWARD GARDEN SOCIAL AND DAY CARE CENTRE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WADE | £485k | — | 0 | below | — | no doubt |
| BURWELL AND DISTRICT DAY CENTRE TRUST | £165k | — | 0 | above | — | no doubt |
| DALES-CARE | £75k | — | 0 | unclear | — | no doubt |
| THE WYCHWOODS DAY CENTRE LIMITED | £27k | — | 0 | above | — | no doubt |
| CONCERN WADEBRIDGE | £208k | — | 0 | above | — | no doubt |
| AGE UK WAKEFIELD DISTRICT | £3.0m | — | — | above | — | no doubt |