WELLBANK FOUNDATION

Registered charity 1192329 · accounts filings on the Charity Commission register

We are a grant-making charity that supports registered charities based in North East England. We're passionate about the region and want to back initiatives that improve people's lives and help them reach their full potential by helping charities help those who are disadvantaged, by finance, health or other reason. Specifically projects providing educational, sporting or environmental benefits.

Objects

TO PROVIDE GRANTS TO CHARITIES IN THE NORTH EAST OF ENGLAND THAT SUPPORT THOSE THAT ARE DISADVANTAGED BY REASON OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER SOCIO-ECONOMIC BASIS WITH A FOCUS ON INITIATIVES WITH EDUCATIONAL, SPORTING OR ENVIRONMENTAL BENEFITS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Other Charitable Purposes · website · Get email alerts

Latest income
£45k
Latest spending
£62k
Registered
2020
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that the charity holds unrestricted reserves of £32,170, which the trustees describe as a timing difference resulting from their policy to distribute all donations. The charity reported a net movement of resources of (17,061) for the year, funded by incoming resources of £44,982 and outgoing grants of £62,043. The trustees confirm that resources are adequate to continue in business.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: distribute all donations made (held: £32k)
“The policy of the trust is to distribute all donations made, consequently the presence of reserves represents a timing difference only.” — page 8
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2026£45k£62k
31/03/2025£100k£97k
31/03/2024£103k£119k
31/03/2023£25k£66k
31/03/2022£225k£121k

Common questions

Is WELLBANK FOUNDATION financially healthy?

Per its FY2026 accounts: The accounts state that the charity holds unrestricted reserves of £32,170, which the trustees describe as a timing difference resulting from their policy to distribute all donations. The charity reported a net movement of resources of (17,061) for the year, funded by incoming resources of £44,982 and outgoing grants of £62,043. The trustees confirm that resources are adequate to continue in business. Its FY2026 accounts were audited.