WELLS ON WHEELS LTD
The charity supplies Water Wheels to poor villages in rural India.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £14,844 against income of £26,458, resulting in a decrease in unrestricted funds from £78,743 to £60,178. The trustees note that voluntary contributions are expected to continue and are sufficient to meet current commitments. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Donations and legacies (excluding Endowments Received) £ 26,458”
Trustees
- Shehzad Memonchair
- Hareekrishna Patel
- Siu Phung
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 16/06/2025 | £26k | £41k |
| 16/06/2024 | £38k | £56k |
| 16/06/2023 | £66k | £32k |
| 16/06/2022 | £68k | £54k |
| 16/06/2021 | £27k | £9k |
Common questions
Is WELLS ON WHEELS LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £14,844 against income of £26,458, resulting in a decrease in unrestricted funds from £78,743 to £60,178. The trustees note that voluntary contributions are expected to continue and are sufficient to meet current commitments. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.