GARFIELD WESTON FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that total unrestricted income rose to £155.4 million, while charitable expenditure including grants reached £130.5 million. The charity maintains a strong financial position with total funds carried forward of £8.8 billion, supported by a permanent endowment largely comprised of shares in Associated British Foods.
What the accounts disclose
“At £70.1 million (2024: £32.1 million), total income reserves at the end of the year represented 42% of the Foundation’s income in the year – below the Trustees’ 50% policy”
“Of these three Guy Weston and Anna Catrina Hobhouse received remuneration from Wittington Investments Limited. George Weston is Group Chief Executive Director of ABF and received remuneration from the company in that capacity. Anna Catrina Hobhouse is chairperson and a director of Fortnum & Mason plc and received remuneration from Wittington in that capacity.” — page 42
“Wittington recharges staff costs in respect of the work undertaken by its employees for the Foundation, rent and other office expenses relating to the Foundation, all recharges of £1,848,077 (2024: £1,657,705) were made at arm’s length.”
“During the year, the Foundation received dividends of £151,642,000 (2024: £106,559,000) from Wittington.”
“Wittington recharges staff costs in respect of the work undertaken by its employees for the Foundation, rent and other office expenses relating to the Foundation, all recharges of £1,848,077 (2024: £1,657,705) were made at arm’s length.”
“During the year, the Foundation received dividends of £151,642,000 (2024: £106,559,000) from Wittington.”
“Wittington recharges staff costs in respect of the work undertaken by its employees for the Foundation, rent and other office expenses relating to the Foundation, all recharges of £1,848,077 (2024: £1,657,705) were made at arm’s length.”
“During the year, the Foundation received dividends of £151,642,000 (2024: £106,559,000) from Wittington.”
“Wittington recharges staff costs in respect of the work undertaken by its employees for the Foundation, rent and other office expenses relating to the Foundation, all recharges of £1,848,077 (2024: £1,657,705) were made at arm’s length.”
“During the year, the Foundation received dividends of £151,642,000 (2024: £106,559,000) from Wittington.”
“Wittington recharges staff costs in respect of the work undertaken by its employees for the Foundation, rent and other office expenses relating to the Foundation, all recharges of £1,848,077 (2024: £1,657,705) were made at arm’s length.”
“During the year, the Foundation received dividends of £151,642,000 (2024: £106,559,000) from Wittington.”
Corporate structure
- Trading subsidiary: ASSOCIATED BRITISH FOODS PLC Companies House 00293262
- Trading subsidiary: WITTINGTON INVESTMENTS LIMITED Companies House 00366054
Leadership, per the charity’s website
- Sir Guy Weston — Chair
- Sophia Weston — Deputy Chair and Executive Trustee
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Alannah Elizabeth Cochrane
- ELIZA LOUISE MITCHELL
- GEORGE GARFIELD WESTON
- GUY HOWARD WESTON
- Geordie Campbell Dalglish
- JANA RUTH KHAYAT
- KATE HOBHOUSE
- MELISSA BARON MURDOCH
- SOPHIA MARY WESTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £165.4m | £130.8m |
| 05/04/2024 | £110.3m | £102.0m |
| 05/04/2023 | £90.4m | £91.9m |
| 05/04/2022 | £84.0m | £90.9m |
| 05/04/2021 | £84.0m | £98.7m |
Common questions
Is GARFIELD WESTON FOUNDATION financially healthy?
The accounts state that total unrestricted income rose to £155.4 million, while charitable expenditure including grants reached £130.5 million. The charity maintains a strong financial position with total funds carried forward of £8.8 billion, supported by a permanent endowment largely comprised of shares in Associated British Foods. Its FY2025 accounts were audited by UHY Hacker Young LLP.
Who funds GARFIELD WESTON FOUNDATION?
Funders whose own accounts filings name GARFIELD WESTON FOUNDATION as a grant recipient include CURE LEUKAEMIA, ATTEND, HABITAT FOR HUMANITY GREAT BRITAIN, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY OF THE ANNUNCIATION BEAMINSTER, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH NORTH WEST SWINDON AND LYDIARD MILLICENT.
Known funders
| Funder | Year | Amount |
|---|---|---|
| CURE LEUKAEMIA | FY2024 | £150k |
| CURE LEUKAEMIA | FY2022 | £100k |
| ATTEND | FY2022 | £82k |
| ATTEND | FY2025 | £36k |
| HABITAT FOR HUMANITY GREAT BRITAIN | FY2023 | £27k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY OF THE ANNUNCIATION BEAMINSTER | FY2024 | £25k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH NORTH WEST SWINDON AND LYDIARD MILLICENT | FY2024 | £20k |
| QUORN BAPTIST CHURCH | FY2025 | £15k |
| UNSEEN (UK) | FY2025 | £10k |
| RETFORD BAPTIST CHURCH | FY2024 | £5k |
| The Edge Ministries | FY2025 | £5k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CORAM LIFE EDUCATION | 1 | £2k |