WHEELER MILL FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £73,533 at the end of the reporting period, an increase from £27,040 the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts.
What the accounts disclose
“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.”
“Ludlow Trust Company Ltd was paid £11,659 (2024: £13,194) for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.”
“Ludlow Trust Company Ltd was paid £11,659 (2024: £13,194) for trust administration and cash management fees during the year under review. These fees are authorised under clause 9 of the trust deed.”
Trustees
- Catherine Mary Wheeler
- Catherine Taylor
- LUDLOW TRUST COMPANY LTD
- PETER JOHN OGLE WHEELER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 10/10/2025 | £118k | £91k |
| 10/10/2024 | £41k | £20k |
Common questions
Is WHEELER MILL FOUNDATION financially healthy?
The accounts state that the charity held free reserves of £73,533 at the end of the reporting period, an increase from £27,040 the previous year. The trustees pursue a policy of maintaining free reserves to cover future needs, contingencies, and risks, with no funds reported in deficit. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2025 accounts were independently examined.