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THE WATSON HOPE FOUNDATION

Registered charity 1193169 · accounts filings on the Charity Commission register

General charitable purposes. Trustees Do Not accept any unsolicited applications

Causes: General Charitable Purposes · Get email alerts

Latest income
£36k
Latest spending
£43k
Registered
2021
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves were £10,167, down from £14,521 in the previous year. The charity holds significant expendable endowment investments valued at £577,420 and bank balances of £206,429. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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 (held: £10k)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Ludlow Trust Company Limited (a corporate trustee) received £4,922 for trust administration services. No individual trustee received remuneration.
“No trustee received any remuneration or was reimbursed any expenses in the year under review. Ludlow Trust Company Limited was paid £4,922 for trust administration services during the year under review.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Ludlow Trust Company Limited is a corporate trustee and received payment for administration services.
“Ludlow Trust Company Limited was paid £4,922 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.”
“On 18 November 2024 a grant of £20,000 was made to First Stop Darlington of which Debra Irving is a Trustee.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant made to First Stop Darlington, where trustee Debra Irving serves.
“Ludlow Trust Company Limited was paid £4,922 for trust administration services during the year under review. These fees are authorized under clause 6 of the trust deed.”
“On 18 November 2024 a grant of £20,000 was made to First Stop Darlington of which Debra Irving is a Trustee.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
06/01/2025£36k£43k
06/01/2024£15k£58k
06/01/2023£8k£30k
06/01/2022£22k£27k

Common questions

Is THE WATSON HOPE FOUNDATION financially healthy?

Per its FY2025 accounts: The accounts state that free reserves were £10,167, down from £14,521 in the previous year. The charity holds significant expendable endowment investments valued at £577,420 and bank balances of £206,429. The trustees maintain a policy of holding free reserves to cover future needs, opportunities, contingencies, and risks. Its FY2025 accounts were independently examined.