WAVE FORWARD
A new charity to support young people (aged 12 to 25) in South Cumbria. Wave Forward works with young people, secondary schools, charities, and other partners, to create a therapeutic support programme, run campaigns/events and provide training to raise awareness and understanding of mental ill-health
Financial health, per its FY2024 accounts
The accounts state that the charity's finances are considered sufficient to meet all existing commitments. The charity reported a net income of £8,611 for the year ended 31 December 2024, with total unrestricted funds carried forward of £8,611. The trustees aim to maintain reserves equivalent to three months of average turnover to ensure financial sustainability.
What the accounts disclose
“any surplus unresticted funding is transferred into the reserves of the organisation with the aim of setting aside the equivalent of three months average turnover to cover any unforseen costs and ensure financial sustainability.” — page 4
Trustees
- David Beuzeval
- Eleanor Cragg
- Elizabeth Welsh
- Ro Lewis
- Ruth Morgan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £36k | £66k |
| 31/12/2023 | £45k | £62k |
| 31/12/2022 | £77k | £60k |
| 31/12/2021 | £90k | £52k |
Common questions
Is WAVE FORWARD financially healthy?
Per its FY2024 accounts: The accounts state that the charity's finances are considered sufficient to meet all existing commitments. The charity reported a net income of £8,611 for the year ended 31 December 2024, with total unrestricted funds carried forward of £8,611. The trustees aim to maintain reserves equivalent to three months of average turnover to ensure financial sustainability. Its FY2024 accounts were independently examined.
Who funds WAVE FORWARD?
Funders whose own accounts filings name WAVE FORWARD as a grant recipient include NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST, CRH CHARITABLE TRUST, THE DAVID SNOWDON TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST | FY2023 | £15k | |
| CRH CHARITABLE TRUST | FY2023 | £6k | |
| THE DAVID SNOWDON TRUST | FY2022 | £5k | |
| NORTH WEST YOUNG PEOPLES DEVELOPMENT TRUST | FY2022 | £5k | |
| CRH CHARITABLE TRUST | FY2025 | £5k | |
| CRH CHARITABLE TRUST | FY2022 | £4k | Young persons suffering mental health problems and stress |
| THE DAVID SNOWDON TRUST | FY2024 | £4k | |
| THE DAVID SNOWDON TRUST | FY2025 | £0 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 11/07/2024 | £20k | Wave Forward |
| The National Lottery Community Fund | 22/07/2022 | £9k | Wave Forward Counselling Service |
| The National Lottery Community Fund | 19/02/2021 | £10k | Well Minds |