JB Willows Legacy Trust
Accommodation/housing for retired employees and their families.
Financial health, per its FY2024 accounts
The accounts state that the charity's financial position was stable with adequate net current assets and unrestricted reserves of £2,163,771. The trustees report that reserves are kept adequate for structural and cosmetic maintenance, noting that rising repair costs necessitate a robust maintenance plan. The charity relies on rental income to fund operations and maintain its properties.
What the accounts disclose
“The Charity keeps reserves adequate for the structural an cosmetic maintenance of the properties.” — page 3
“The HEY Smile Foundation provides operational management administration assistance.” — page 12
Trustees
- HEY Smile Foundation
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £50k |
| 31/12/2023 | £49k | £47k |
| 31/12/2022 | £45k | £84k |
| 31/12/2021 | £44k | £62k |
| 31/12/2020 | £46k | £43k |
Common questions
Is JB Willows Legacy Trust financially healthy?
Per its FY2024 accounts: The accounts state that the charity's financial position was stable with adequate net current assets and unrestricted reserves of £2,163,771. The trustees report that reserves are kept adequate for structural and cosmetic maintenance, noting that rising repair costs necessitate a robust maintenance plan. The charity relies on rental income to fund operations and maintain its properties. Its FY2024 accounts were independently examined.