THE WITHEREN FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that free reserves decreased to £18,126 from £76,363 in the prior year, while unrestricted cash balances increased to £352,391. The charity holds significant endowment investments valued at £9,907,332 and pursued a policy of maintaining free reserves to cover future needs and contingencies. An overstatement of the cash position in the comparative year was identified and corrected.
What the accounts disclose
“The Trustees pursue a policy of maintaining a free reserve available to be spent in the furtherance of the charity’s objectives as well as covering future needs, opportunities, contingencies and risks.”
Trustees
- LUDLOW TRUST COMPANY LTD
- Peter Dominic Caldecott
- Sarah Caroline Caldecott
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 22/12/2024 | £140k | £219k |
| 22/12/2023 | £110k | £140k |
| 22/12/2022 | £63k | £147k |
| 22/12/2021 | £63k | £64k |
Common questions
Is THE WITHEREN FOUNDATION financially healthy?
The accounts state that free reserves decreased to £18,126 from £76,363 in the prior year, while unrestricted cash balances increased to £352,391. The charity holds significant endowment investments valued at £9,907,332 and pursued a policy of maintaining free reserves to cover future needs and contingencies. An overstatement of the cash position in the comparative year was identified and corrected. Its FY2024 accounts were independently examined.