WATES FOUNDATION LIMITED
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £25,482,341, an increase from the previous year's £23,912,043. The trustees confirm that all investments are unrestricted and expendable, noting that it is not considered appropriate to identify a specific level of free reserves to maintain. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“During the year, a grant of £0 (2023: £15,000) was made The Irene Taylor Trust of which Jonathan Adams is a trustee.” — page 26
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (25/09/2025)
Trustees
- Christian Norman Brodiechair
- Alison Clare Price
- Emily Ann King
- Hugo Brodie
- Jason Alexander Gordon Heynes
- Jonathan Giles Macartney Wates
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £598k | £479k |
| 31/12/2023 | £0 | £0 |
Common questions
Is WATES FOUNDATION LIMITED financially healthy?
The accounts state that unrestricted reserves stood at £25,482,341, an increase from the previous year's £23,912,043. The trustees confirm that all investments are unrestricted and expendable, noting that it is not considered appropriate to identify a specific level of free reserves to maintain. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Crowe U.K. LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RONTADES LIMITED | 1 | £300k |
| THE REISNER CHARITABLE FOUNDATION LTD | 1 | £5k |