WEST WICKHAM COMMON AND SPRING PARK WOOD
Financial health, per its FY2025 accounts
The accounts state that total income increased to £2,003,851, driven primarily by additional funding from the City of London Corporation's City’s Estate, which met the deficit on running expenses. Per the trustees' report, a reserves policy is considered inappropriate because the charity relies on this central funding to cover annual deficits, resulting in unrestricted reserves of £3,547.
What the accounts disclose
“The Fund’s estimated net liability has been determined by independent actuaries in accordance with FRS102 as £2.7m as at 31 March 2025 (£49.9m as at 31 March 2024).” — page 29
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £1.9m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £1.4m | £1.4m |
| 31/03/2022 | £1.3m | £1.1m |
| 31/03/2021 | £1.3m | £1.4m |
Common questions
Is WEST WICKHAM COMMON AND SPRING PARK WOOD financially healthy?
The accounts state that total income increased to £2,003,851, driven primarily by additional funding from the City of London Corporation's City’s Estate, which met the deficit on running expenses. Per the trustees' report, a reserves policy is considered inappropriate because the charity relies on this central funding to cover annual deficits, resulting in unrestricted reserves of £3,547. Its FY2025 accounts were audited by Crowe U.K. LLP.