WAY UK
Objects
TO ADVANCE IN LIFE AND RELIEVE THE NEEDS OF YOUNG PEOPLE LIVING IN SWINDON AND THE SURROUNDING AREA, IN PARTICULAR, BUT NOT EXCLUSIVELY THROUGH:1) PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE MORE FULLY IN WIDER SOCIETY;2) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTEREST OF SOCIAL WELFARE WHO HAVE NEED BY REASON OF THEIR YOUTH, DISABILITY (BOTH MENTAL AND PHYSICAL), POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS;3) ADVANCING EDUCATION AND;4) RELIEVING UNEMPLOYMENT.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £209,819 against total expenditure of £77,072, resulting in a net surplus. The charity holds unrestricted reserves of £57,677, which the trustees confirm is sufficient to meet foreseeable needs and aligns with their policy target of three to six months of core operational costs.
What the accounts disclose
“The trustees aim to maintain unrestricted reserves equivalent to three to six months of core operational costs” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 12
- Government income: £1,641 — grants £1,641 (1); under 1% of the £209,819 total gross income on the same return
- Grant-making is its main activity
Trustees
- Babatunji Fagbongbe
- Caeli Thomas
- Doug Moore
- Molly Sutton
- Oriana Morrision-Clarke
- Tim Blake
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £210k | £77k |
Common questions
Is WAY UK financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £209,819 against total expenditure of £77,072, resulting in a net surplus. The charity holds unrestricted reserves of £57,677, which the trustees confirm is sufficient to meet foreseeable needs and aligns with their policy target of three to six months of core operational costs. Its FY2025 accounts were independently examined.
Who funds WAY UK?
Funders whose own accounts filings name WAY UK as a grant recipient include THE ARCHBISHOPS' COUNCIL, GATEWAY CHURCH SWINDON.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ARCHBISHOPS' COUNCIL | FY2025 | £999k | Partnerships Funding - New Christian Communities |
| GATEWAY CHURCH SWINDON | FY2025 | £3k | Grant to help fund ongoing work in the town following transfer of staff and projects |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/12/2025 | £250k | WAY - A Base to Call Home |
Funders of similar charities
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WAY UK | £210k | — | 0 | within | — | no doubt |
| PATHWAY | £139k | — | 0 | above | — | no doubt |
| HEIRS | £34k | — | 0 | unclear | — | no doubt |
| PUBLISH WHAT YOU FUND | £781k | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| UNITED WAY | £537k | £80,000 – £89,999 | 1 | above | — | no doubt |
| GATE WAY TRUST | £480k | £50,109 | 0 | unclear | — | no doubt |