THE W A HANDLEY CHARITY TRUST
Latest income
£370k
Latest spending
£415k
Registered
1964
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £508,994, which the Trustees consider sufficient to maintain operations and grant-making levels. The charity reported a net movement in funds of £386,833, supported by investment gains, and maintains adequate resources to continue as a going concern.
What the accounts disclose
Reserves policy: retain a balance of undistributed income from earlier years to ensure that in the event of a cessation or material fall in the income stream the trust could continue to operate whilst giving grantees due notice of reductions in future grants (held: £509k)
“The Trustees current policy is, and for some time has been, to distribute all of the income arising whilst retaining a balance of undistributed income from earlier years to ensure that in the event of a cessation or material fall in the income stream the trust could continue to operate whilst giving grantees due notice of reductions in future grants.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2023) to "within" (FY2024).
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £370k | £415k |
| 31/03/2024 | £254k | £416k |
| 31/03/2023 | £181k | £397k |
| 31/03/2022 | £212k | £337k |
| 31/03/2021 | £177k | £302k |
Common questions
Is THE W A HANDLEY CHARITY TRUST financially healthy?
The accounts state that unrestricted reserves stood at £508,994, which the Trustees consider sufficient to maintain operations and grant-making levels. The charity reported a net movement in funds of £386,833, supported by investment gains, and maintains adequate resources to continue as a going concern. Its FY2024 accounts were audited by Armstrong Watson Audit Limited.