W F SOUTHALL TRUST
Financial health, per its FY2025 accounts
The accounts state that total funds decreased to £10,840,466 from £11,926,436 in the prior year, driven by a significant loss on investment revaluations. The trustees maintain a reserves policy to hold approximately three months of the previous year's expenditure in cash, with £79,726 held at year-end. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Cash reserves of approximately three months of the previous year's expenditure are held to provide a 'cushion' against unforeseen expenditure and against sharp fluctuations in income and to cover any redundancy and/or ‘wind up' costs, should this be necessary.” — page 5
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £286k | £353k |
| 05/04/2024 | £320k | £466k |
| 05/04/2023 | £329k | £419k |
| 05/04/2022 | £273k | £518k |
| 05/04/2021 | £251k | £412k |
Common questions
Is W F SOUTHALL TRUST financially healthy?
The accounts state that total funds decreased to £10,840,466 from £11,926,436 in the prior year, driven by a significant loss on investment revaluations. The trustees maintain a reserves policy to hold approximately three months of the previous year's expenditure in cash, with £79,726 held at year-end. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Andrews and Palmer Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CRUCIBLE FOUNDATION | 1 | £20k |
| THE NISBET TRUST | 1 | £17k |
| THE IAN ASKEW CHARITABLE TRUST | 1 | £2k |
| CAREW POLE CHARITABLE TRUST | 1 | £1k |
| CHAPMAN CHARITABLE TRUST | 1 | £1k |
| CHELSEA ACADEMY FOUNDATION | 1 | £351 |