WANSTEAD COTTAGES TRUST
Making grants in support of work with children and young people to Anglican organisations in Wanstead and other approved Anglican organisations in the Diocese of Chelmsford.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £1,256,093 at year-end, which the trustees confirmed was sufficient to comply with their stated policy of maintaining £35,000 to cover operational assets for 24 months. The charity reported a net surplus of £8,811 for the year, funded primarily by rental income, with no disclosed liabilities or material uncertainties affecting its financial position.
What the accounts disclose
“The Trust’s policy, reviewed in January 2023, is to maintain sufficient reserves to cover its operational assets for at least the following 24 months. At present this is defined as £35,000.” — page 4
Property (HM Land Registry)
Register events
- Received assets from another charity (18/10/2022)
Trustees
- DIANA MIDDLEDITCH
- Dr Barbara Hepworth Jones
- Margaret Avril Carnelley
- Rev James Bernard Gilder
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £25k |
| 31/12/2023 | £32k | £19k |
| 31/12/2022 | £30k | £36k |
| 31/12/2021 | £15k | £6k |
Common questions
Is WANSTEAD COTTAGES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £1,256,093 at year-end, which the trustees confirmed was sufficient to comply with their stated policy of maintaining £35,000 to cover operational assets for 24 months. The charity reported a net surplus of £8,811 for the year, funded primarily by rental income, with no disclosed liabilities or material uncertainties affecting its financial position. Its FY2024 accounts were independently examined.