THE A F WALLACE CHARITY TRUST
The activities of the charity are mainly the provision of housing, welfare and pensionfacilities for senior citizens who have been associated with the Wallace family and toassist wherever possible with general good causes.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves are in deficit at £25,896, with no policy on retaining a fixed level of reserves. The charity relies entirely on investment income to fund its activities and has little leeway beyond supporting those most dependent upon its resources. Total net assets stand at £1,188,419, primarily held in expendable endowment funds.
What the accounts disclose
Trustees
- GEORGE FALCONER WALLACEchair
- ROBERT CHARLES WALLACE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £38k | £46k |
| 05/04/2024 | £39k | £46k |
| 05/04/2023 | £44k | £50k |
| 05/04/2022 | £41k | £39k |
| 05/04/2021 | £36k | £44k |
Common questions
Is THE A F WALLACE CHARITY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves are in deficit at £25,896, with no policy on retaining a fixed level of reserves. The charity relies entirely on investment income to fund its activities and has little leeway beyond supporting those most dependent upon its resources. Total net assets stand at £1,188,419, primarily held in expendable endowment funds. Its FY2025 accounts were independently examined.