W B HARRIS WILL TRUST
supporting St Ronans School through grants and other payments
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of £19,562.19, which is below the stated policy target of approximately six months of unrestricted expenditure. The charity carries significant long-term liabilities of £86,658.49 secured against its property, which are serviced primarily by rental income from the school and investment returns.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level that equates to approximately six months unrestricted expenditure.” — page 6
“The administration of the Trust is carried out by Ashfords LLP solicitors who have charged the trust £25,309 for legal and administrative services. All costs have been authorised by the Trustees and have been charged on an arm's length basis.” — page 3
“During the year, this charity has made donations of £Nil (2023: NIL) to the WB Harris Will Trust.”
“The administration of the Trust is carried out by Ashfords LLP solicitors who have charged the trust £25,309 for legal and administrative services. All costs have been authorised by the Trustees and have been charged on an arm's length basis.” — page 3
“During the year, this charity has made donations of £Nil (2023: NIL) to the WB Harris Will Trust.”
Trustees
- TONGSWOOD ESTATES LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £81k | £44k |
| 31/12/2023 | £82k | £45k |
| 31/12/2022 | £83k | £52k |
| 31/12/2021 | £93k | £52k |
| 31/12/2020 | £176k | £48k |
Common questions
Is W B HARRIS WILL TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £19,562.19, which is below the stated policy target of approximately six months of unrestricted expenditure. The charity carries significant long-term liabilities of £86,658.49 secured against its property, which are serviced primarily by rental income from the school and investment returns. Its FY2024 accounts were audited by McCabe Ford Williams.