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WATES FOUNDATION LIMITED

Registered charity 1202779 · accounts filings on the Charity Commission register

To advance such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the Directors may from time to time determine. The Foundation does not accept unsolicited applications for grants.

Causes: General Charitable Purposes · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£598k
Latest spending
£479k
Registered
2023
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Grant to Irene Taylor Trust
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£598k
Total spending
£479k
Cost of raising funds
£28k
Reserves (reported)
£25.5m
Employees
4

Per its annual return, largest income source: Investments (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 4.7% of total income — below the median for charities its size (4.9%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£598k£479k
31/12/2023£0£0

Common questions

Is WATES FOUNDATION LIMITED financially healthy?

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. Its FY2024 accounts were audited by Crowe U.K. LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
RONTADES LIMITED1£300k
ST ALDHELM'S CHAPEL TRUST1£60k
THE RANK FOUNDATION LIMITED1£60k
THE REISNER CHARITABLE FOUNDATION LTD1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PARKWATER FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WATES FOUNDATION LIMITED£598k—0unclear—no doubt
PARKWATER FOUNDATION FY2025£358k—0unclear—no doubt
WINDSOR ROAD FOUNDATION FY2025£101kUnder £60,0000above—no doubt
THE TOMORO FOUNDATION FY2025£5.0m—0above—no doubt
SALTERS' CHARITABLE FOUNDATION FY2025£267k—0unclear—no doubt
The Weatherbys Creating the Future Foundation FY2024£316k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.