W WING YIP AND BROTHERS FOUNDATION
The Charity is a grant making charity.
Objects
THE OBJECTS OF THE CHARITY ARE TO ADVANCE SUCH CHARITABLE PURPOSES (ACCORDING TO THE LAW OF ENGLAND AND WALES) AS THE TRUSTEES SEE FIT FROM TIME TO TIME IN PARTICULAR BY, BUT NOT LIMITED TO, PROVIDING GRANTS.
Financial health, per its FY2024 accounts
The accounts state that total unrestricted reserves stood at £1,952,481, significantly exceeding the trustees' stated policy target of approximately £40,000 (three months of expended resources). The charity reported a net income increase of £61,950 for the year, driven by investment income and revaluation gains, while making grants totaling £50,000.
What the accounts disclose
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/07/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/07/2023
- Grant-making is its main activity
Property (HM Land Registry)
Register events
- Received assets from another charity (14/06/2022)
Trustees
- Albert Sze Yuen Wing Yip
- Alfie Jack Steven Fielding
- 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?
Per its FY2024 accounts: The accounts state that total unrestricted reserves stood at £1,952,481, significantly exceeding the trustees' stated policy target of approximately £40,000 (three months of expended resources). The charity reported a net income increase of £61,950 for the year, driven by investment income and revaluation gains, while making grants totaling £50,000. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ETHIOPIAID | 1 | £820k |
| THE HOTSPUR TRUST | 1 | £18k |
| THE COLES-MEDLOCK FOUNDATION | 1 | £10k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY WITH SAINT PAUL ONSLOW SQUARE AND SAINT AUGUSTINE SOUTH KENSINGTON | 1 | £10k |
| THE PETER STEBBINGS MEMORIAL CHARITY | 1 | £5k |
Charities like this
- THE FIREBIRD FOUNDATION
- THE BROTHERS TRUST
- CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS
- THE WELWYN HATFIELD FOYER CHARITABLE TRUST
- WINGS OF HEALING
- CHARITIES OF THOMAS WADE AND OTHERS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| W WING YIP AND BROTHERS FOUNDATION | £119k | — | 0 | unclear | — | no doubt |
| THE FIREBIRD FOUNDATION | £1.6m | more than £60,000 | 1 | above | — | no doubt |
| THE BROTHERS TRUST | £597k | — | 0 | above | 2.0% | no doubt |
| CHARITIES ADMINISTERED BY THE WORSHIPFUL COMPANY OF FOUNDERS | £99k | — | 0 | within | — | no doubt |
| THE WELWYN HATFIELD FOYER CHARITABLE TRUST | £63k | — | 0 | above | — | no doubt |
| WINGS OF HEALING | £145k | — | 0 | above | — | no doubt |