W WING YIP AND BROTHERS FOUNDATION
The Charity is a grant making charity.
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
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 |
|---|---|---|
| THE GENERATIONAL FOUNDATION | 1 | £500k |
| LOCAL TRUST | 1 | £122k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £69k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £25k |
| THE WILFRED AND ELSIE ELKES CHARITY FUND | 1 | £24k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £15k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| THE SHELDON TRUST | 1 | £12k |
Charities like this
- Community Foundation for Staffordshire and Shropshire
- WINDSOR ROAD FOUNDATION
- MW (HO) FOUNDATION
- WOLFSON HILLEL PRIMARY SCHOOL CHARITABLE TRUST
- THE OCTOPUS FOUNDATION
- THE WORTH FOUNDATION LIMITED
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 |
| Community Foundation for Staffordshire and Shropshire | £4.6m | — | — | unclear | — | no doubt |
| WINDSOR ROAD FOUNDATION | £101k | Under £60,000 | 0 | above | — | no doubt |
| MW (HO) FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| WOLFSON HILLEL PRIMARY SCHOOL CHARITABLE TRUST | £460k | — | 0 | within | — | no doubt |
| THE OCTOPUS FOUNDATION | £329k | — | 0 | unclear | — | no doubt |