WOB FOUNDATION
Promote literacy and the circular economy via direct support to charities and initiatives in these spacesProvide meaningful financial support to a range of charities Support charities or initiatives which support people from disadvantaged groups in accessing literacy Support the creation of a circular economy via charities or initiatives in waste reduction, re-using & re-purposing
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £135,889, which is above the trustees' stated policy target of holding a minimum of £25,000. The charity reported total incoming resources of £78,221 and applied £56,200 towards grants, resulting in a net increase in cash funds for the year.
What the accounts disclose
“Our reserves policy is to hold a minimum of £25,000 in cash or similarly liquid investments, to be sure to be able to meet any commitments.” — page 10
Trustees
- Martin John Nyechair
- Hannah Jane Clevett
- Katharine Mary Waldegrave MBE
- MONICA IBARRA PARLE
- Vanessa Elaine Connell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £58k |
| 31/03/2024 | £170k | £54k |
| 28/02/2023 | £100 | £5 |
Common questions
Is WOB FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £135,889, which is above the trustees' stated policy target of holding a minimum of £25,000. The charity reported total incoming resources of £78,221 and applied £56,200 towards grants, resulting in a net increase in cash funds for the year. Its FY2025 accounts were independently examined.