Waterside Community Fund
The income of the charity is applied in the relief of hardship and distress to those resident in Hythe & Dibden, Fawley and Marchwood Parishes of Hampshire and to organisations with similar aims.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £10,873,640, comprising an endowment fund of £10,706,915 and unrestricted funds of £166,725. The trustees maintain a reserves policy aim of keeping at least three months' running costs in hand, which they report is covered by sufficient cash deposits. The charity does not rely on fundraising for its income, deriving its resources primarily from investment returns.
What the accounts disclose
“However, the aim of the Trustees is to keep at least 3 months’ running costs in hand to cover possible variations on income from the investment portfolio.” — page 4
Trustees
- ALAN RUTHERFORD ALVEY
- CHRISTINA JAMES
- Christopher Harrison
- Daniel Poole
- Ian Anthony Wheeler
- JUDITH ROSALIND AMARYLLI SAXBY
- Sandra Delemare
- Sean Cullen
- Suzanne Elizabeth Kellett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £391k | £407k |
| 31/03/2024 | £445k | £368k |
| 31/03/2023 | £419k | £504k |
| 31/03/2022 | £415k | £404k |
| 31/03/2021 | £329k | £279k |
Common questions
Is Waterside Community Fund financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total funds of £10,873,640, comprising an endowment fund of £10,706,915 and unrestricted funds of £166,725. The trustees maintain a reserves policy aim of keeping at least three months' running costs in hand, which they report is covered by sufficient cash deposits. The charity does not rely on fundraising for its income, deriving its resources primarily from investment returns. Its FY2025 accounts were audited by Azets Audit Services.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WIGHT AID FOUNDATION | 1 | £12k |
Charities like this
- WATERSIDE COMMUNITY TRUST
- Gateway Waterside
- THE FLOOD CHARITY
- THE WAQF FUND
- WATFORD WOODSIDE COMMUNITY CHURCH OF THE NAZARENE
- SIR HENRY EDWARDS' CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Waterside Community Fund | £391k | — | 0 | above | — | no doubt |
| WATERSIDE COMMUNITY TRUST | £773k | — | 0 | below | 1.6% | no doubt |
| Gateway Waterside | £140k | — | 0 | unclear | — | no doubt |
| THE FLOOD CHARITY | £117k | — | 0 | unclear | — | no doubt |
| THE WAQF FUND | £563k | — | 0 | unclear | — | no doubt |
| WATFORD WOODSIDE COMMUNITY CHURCH OF THE NAZARENE | £218k | £37,857.76 | 0 | unclear | — | no doubt |