Charity Accounts Intelreading the accounts so you don’t have to

THE WELLAND TRUST

Registered charity 1181775 · accounts filings on the Charity Commission register

Latest income
£135k
Latest spending
£941k
Registered
2019
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a total deficit of £3,190,085 for the year ended 31 December 2022, primarily driven by a sharp downturn in investment performance which caused the portfolio to devalue by £1,332,159. Despite this loss, the charity maintained unrestricted reserves of £9,004,513, which the trustees consider a prudent level to support continued grant giving. The charity is exempt from audit under the small companies regime and relies on an independent examination.

What the accounts disclose

Reserves policy: prudent level of reserves (held: £9.0m)
“The trustees consider that a prudent level of reserves should be held to support the aims of the charity and enable continued and sustainable grant giving.” — page 5
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£135k£941k
31/12/2023£104k£1.1m
31/12/2022£113k£2.0m
31/12/2021£126k£1.0m
31/12/2020£117k£967k

Common questions

Is THE WELLAND TRUST financially healthy?

The accounts state that the charity reported a total deficit of £3,190,085 for the year ended 31 December 2022, primarily driven by a sharp downturn in investment performance which caused the portfolio to devalue by £1,332,159. Despite this loss, the charity maintained unrestricted reserves of £9,004,513, which the trustees consider a prudent level to support continued grant giving. The charity is exempt from audit under the small companies regime and relies on an independent examination. Its FY2022 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.

FunderSimilar charities fundedAmount to them
FRIENDS OF WIZNITZ LIMITED1£335k
SF FOUNDATION1£209k
GILMOOR BENEVOLENT FUND LIMITED1£154k
CMZ LTD1£137k
NES FOUNDATION LTD1£112k
MERCAZ TORAH VECHESED LIMITED1£104k
TAGMARSH CHARITY LIMITED1£75k
CHAIM BECHESED1£50k

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