THE WOW FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves rose to £148,099, which is below the trustees' stated policy target of approximately £153,000 (three months of operating costs). The trustees acknowledge this shortfall in the principal risks section but project that the required level of free general reserves will be achieved within the next year.
What the accounts disclose
“Unrestricted funds and reserves currently below our reserves policy of 3 months operation” — page 24
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Sandie Okorochair
- BARBARA REEVES
- DR VANESSA JANE OGDEN
- Dame Alison Rose DBE
- Dr Anne-Marie Imafidon MBE
- NUSRATH HASSAN
- Nazir Afzal
- Richard David COLLIER-KEYWOOD
- Sandi Toksvig OBE
- Shevaun Haviland
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £1.3m | £1.2m |
| 31/05/2024 | £1.0m | £1.3m |
| 31/05/2023 | £1.2m | £1.2m |
| 31/05/2022 | £1.1m | £1.0m |
| 31/05/2021 | £941k | £737k |
Common questions
Is THE WOW FOUNDATION financially healthy?
The accounts state that unrestricted reserves rose to £148,099, which is below the trustees' stated policy target of approximately £153,000 (three months of operating costs). The trustees acknowledge this shortfall in the principal risks section but project that the required level of free general reserves will be achieved within the next year. Its FY2024 accounts were audited by Lindeyer Francis Ferguson Limited.