NICHOLAS WATTS' GIFT
To distribute income arising from the Estate of Mr N Watts in accordance with the terms of the decesased's Will and Scheme set up in 1985.
Financial health, per its FY2025 accounts
The accounts state that the charity holds significant non-monetary investment assets valued at £836,575.61, with total funds available for distribution exceeding £142,000 across its restricted funds. The trustees report a surplus of receipts over payments for the year, indicating that income from assets exceeded charitable distributions and governance costs.
What the accounts disclose
“The Trustees' policy is to invest surplus reserves available for distribution in investments which provide a reasonable rate of return without compromising on accessibility.” — page 4
Trustees
- DUNCAN JOHN BIRDchair
- Albert John Downing
- Colin John Edwards
- DENNIS EDWARD GREENING
- DENNIS MAURICE CARR
- David Allen Turner
- George Henry James Medland
- Gerald William Venning
- Henry James Sanders
- JOHN COLLACOTT
- JOHN GREENING
- Keith Nicholas Williams
- RODNEY FRANCIS GLANVILLE
- RUSSELL GEORGE WOOLCOCK
- Robin Alan Derges
- Roger David Archer Bird
- STEPHEN HENRY CHARLES CARR
- Terence George Pearce
- WALTER LAKE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £30k | £11k |
| 30/06/2024 | £29k | £5k |
| 30/06/2023 | £27k | £11k |
| 30/06/2022 | £27k | £14k |
| 30/06/2021 | £26k | £16k |
Common questions
Is NICHOLAS WATTS' GIFT financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds significant non-monetary investment assets valued at £836,575.61, with total funds available for distribution exceeding £142,000 across its restricted funds. The trustees report a surplus of receipts over payments for the year, indicating that income from assets exceeded charitable distributions and governance costs. Its FY2025 accounts were independently examined.