CATHY WILLS CHARITABLE TRUST
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds totalled £3,096,416 at the period end, representing a decrease from the previous year's £3,335,353 due to a net movement in funds of £(238,937). The charity generated £158,014 in investment income and distributed £328,516 in grants, with total expenditure amounting to £344,702. The Trustees consider there to be no material uncertainties regarding the Trust's ability to continue as a going concern.
What the accounts disclose
“The Trustees will maintain the fund to guarantee investment income in the future but may on occasions distribute monies from its general funds.”
“During the year donations were made to The Contemporary Arts Society of £22,666 (2023: £nil) and BFAMI of £70,500 (2023; £nil) whereby Catherine Wills is also a Trustee.” — page 20
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- CATHERINE WILLSchair
- Alexander Wills
- Annabelle Scholar
- Natalie Wills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £158k | £345k |
| 31/12/2023 | £3.7m | £207k |
Common questions
Is CATHY WILLS CHARITABLE TRUST financially healthy?
The accounts state that unrestricted funds totalled £3,096,416 at the period end, representing a decrease from the previous year's £3,335,353 due to a net movement in funds of £(238,937). The charity generated £158,014 in investment income and distributed £328,516 in grants, with total expenditure amounting to £344,702. The Trustees consider there to be no material uncertainties regarding the Trust's ability to continue as a going concern. Its FY2024 accounts were independently examined.