BEST MATES - WEGOTYA
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a net surplus of £30,294, resulting in total unrestricted funds of £36,849. The trustees report adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified. The charity's reserves policy targets approximately three months' operating expenditure, and the current unrestricted reserves are below this stated target.
What the accounts disclose
“The trustees' policy is to build unrestricted reserves towards a target of approximately three months' operating expenditure” — page 6
Funders the charity credits
- Paratus Group
Trustees
- Arthur Jupp
- Carl McCulloch
- Jeffrey Tucker
- Julie Tooby
- Matthew Curran
- Nicholas Stephens
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/07/2025 | £197k | £190k |
| 31/07/2024 | £129k | £99k |
Common questions
Is BEST MATES - WEGOTYA financially healthy?
The accounts state that the charity ended the year with a net surplus of £30,294, resulting in total unrestricted funds of £36,849. The trustees report adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified. The charity's reserves policy targets approximately three months' operating expenditure, and the current unrestricted reserves are below this stated target. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BRIDGE HOUSE ESTATES | 1 | £695k |
| THE JD FOUNDATION | 1 | £561k |
| THE INDIGO TRUST | 1 | £150k |
| THE PEARS FAMILY CHARITABLE FOUNDATION | 1 | £110k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| WESTWAY TRUST | 1 | £5k |