WELLBANK FOUNDATION
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.
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.
What the accounts disclose
“The policy of the trust is to distribute all donations made, consequently the presence of reserves represents a timing difference only.” — page 8
Trustees
- Andrew John Robsonchair
- Emilia Kate Robson
- Lauren Alice Robson
- Ruth Robson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.