WESTON PROVIDENT FUND
The purpose of the charity is to assist with the welfare of employees and former employees of the Associated British Foods Group and their dependants by relieving poverty.
Financial health, per its FY2025 accounts
The accounts state that the Trustees do not have a policy for maintaining reserves, with all accumulated investment income treated as Unrestricted Funds. The Fund holds highly liquid pooled investments, allowing the Trustees to withdraw funds as necessary to meet payments. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Trustees do not have a policy for maintaining reserves.” — page 15
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Helen Byrne
- Kari Rodgers
- Nigel John Fawcett
- Susan Rachel Whalley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £1.1m | £1.2m |
| 05/04/2024 | £1.0m | £1.2m |
| 05/04/2023 | £1.1m | £1.3m |
| 05/04/2022 | £974k | £1.4m |
| 05/04/2021 | £990k | £1.5m |
Common questions
Is WESTON PROVIDENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that the Trustees do not have a policy for maintaining reserves, with all accumulated investment income treated as Unrestricted Funds. The Fund holds highly liquid pooled investments, allowing the Trustees to withdraw funds as necessary to meet payments. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CSIS CHARITY FUND | 1 | £85k |
| HABITAT FOR HUMANITY GREAT BRITAIN | 1 | £40k |
| THE MARTIN LAING FOUNDATION | 1 | £20k |
| THE CHRISTOPHER LAING FOUNDATION | 1 | £15k |
| THE KIRBY LAING FOUNDATION | 1 | £10k |
Charities like this
- The British Airways Benevolent Fund
- PRUDENTIAL STAFF CHARITABLE TRUST
- WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST
- BT BENEVOLENT FUND
- THE CECIL AND ALAN PILKINGTON TRUST FUND
- THE CANTOR FOUNDATION (UK)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WESTON PROVIDENT FUND | £1.1m | — | 0 | below | — | no doubt |
| The British Airways Benevolent Fund | £120k | — | 0 | above | — | no doubt |
| PRUDENTIAL STAFF CHARITABLE TRUST | £1.2m | — | 0 | unclear | — | no doubt |
| WORSHIPFUL COMPANY OF INSURERS CHARITABLE TRUST | £351k | — | 0 | below | — | no doubt |
| BT BENEVOLENT FUND | £1.6m | — | 0 | above | — | no doubt |
| THE CECIL AND ALAN PILKINGTON TRUST FUND | £3.8m | — | — | unclear | — | no doubt |