W WING YIP AND BROTHERS FOUNDATION
Latest income
£119k
Latest spending
£106k
Registered
2020
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total unrestricted reserves stood at £1,890,531, significantly exceeding the trustees' stated policy target of approximately £40,000 (three months of expenditure). The charity reported a net income increase of £6,365 for the year, driven by investment income, despite an unrealised deficit on investments.
What the accounts disclose
Register events
- Received assets from another charity (14/06/2022)
Trustees
- Albert Sze Yuen Wing Yip
- Brian John Sze Hain Wing Yip
- David Simon Szeshing Wing Yip
- Jenny Loynton
- Joseph Richard Bates FCA, DChA
- Sujinda Munputkul
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £119k | £106k |
| 31/07/2024 | £130k | £80k |
| 31/07/2023 | £124k | £117k |
| 31/07/2022 | £121k | £105k |
| 31/07/2021 | £144k | £69k |
Common questions
Is W WING YIP AND BROTHERS FOUNDATION financially healthy?
The accounts state that total unrestricted reserves stood at £1,890,531, significantly exceeding the trustees' stated policy target of approximately £40,000 (three months of expenditure). The charity reported a net income increase of £6,365 for the year, driven by investment income, despite an unrealised deficit on investments. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| NUCHEM AND REISEL SCHLAFF MEMORIAL FUND LIMITED | 1 | £286k |
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |