THE WEST WATCH TRUST
The advancement and promotion of the Christian faith.
Financial health, per its FY2024 accounts
The accounts state that the charity operated at a deficit of £3,114 for the year ended 31 December 2024, with unrestricted funds falling to £893. This shortfall is met by grants from the Edwards Skinner Charitable Trust, which the trustees rely upon to cover anticipated excesses of expenditure over incoming resources. The charity's reserves policy targets £3,000 to £5,000, but actual unrestricted reserves are significantly below this target.
What the accounts disclose
“Gifts from the Edwards Skinner Charitable Trust 40,000” — page 10
“The trustees aim to keep the level of reserves at a level sufficient to maintain the day-to-day running of the trust for one or two months, which is between £3,000 and £5,000.” — page 4
“The trustees are happy to provide the use of the facilities at West Watch irrespective of the ability of guests to pay. Therefore, it is anticipated that resources expended will exceed incoming resources and the support of the Edwards Skinner Charitable Trust meets this deficit.” — page 3
“The trustees of the West Watch Trust are also trustees of the Edwards Skinner Charitable Trust. During the year grants amounting to £40,000 were received from Edwards Skinner Charitable Trust (2023: £37,800). Under an agreement dated 25 March 1969, the premises and grounds known as West Watch were demised by Miss D I Skinner to The West Watch Trust on a yearly tenancy at an annual rental of £1, if demanded. Miss Skinner died on 30 May 1995 and under the terms of her Will, the premises and grounds at West Watch were left to the Edwards Skinner Charitable Trust. The previous tenancy agreement for Cottages 1, 2 and 3, the Annexe (Zion) and Divals Field and Plantation has been continued.” — page 15
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £74k | £77k |
| 31/12/2023 | £70k | £71k |
| 31/12/2022 | £45k | £62k |
| 31/12/2021 | £71k | £56k |
| 31/12/2020 | £57k | £52k |
Common questions
Is THE WEST WATCH TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity operated at a deficit of £3,114 for the year ended 31 December 2024, with unrestricted funds falling to £893. This shortfall is met by grants from the Edwards Skinner Charitable Trust, which the trustees rely upon to cover anticipated excesses of expenditure over incoming resources. The charity's reserves policy targets £3,000 to £5,000, but actual unrestricted reserves are significantly below this target. Its FY2024 accounts were independently examined.