WEGLAND LIMITED
The advancement of religion and education, relief of poverty and all other purposes recognised be English Law as charitable.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £4,175 for the year ended 30 June 2025, following a decrease in income to £78,346 from £79,740 in the prior year. Per the trustees' report, free reserves stood at £264,418, which the trustees consider sufficient to cover administrative costs given their policy to distribute the bulk of annual income. The charity holds total unrestricted funds of £627,218, supported by significant investment property assets valued at £362,800.
What the accounts disclose
“the trustees' policy is to seek to distribute the bulk of the income arising in each financial year as it becomes available, the trustees are of the opinion that reserves to cover the administrative costs of the charity would be sufficient.” — page 3
“Included in other debtors are amounts aggregating £220,000 (2024: £220,000) due from companies of which certain of the trustees and their close family members are directors. The loans bore interest at 6.25%.” — page 11
Trustees
- DAVID FRISCHMANN
- MIRIAM STOBIECKI
- SHOLEM FRISCHMANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £78k | £74k |
| 30/06/2024 | £80k | £323k |
| 30/06/2023 | £88k | £84k |
| 30/06/2022 | £214k | £349k |
| 30/06/2021 | £220k | £168k |
Common questions
Is WEGLAND LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £4,175 for the year ended 30 June 2025, following a decrease in income to £78,346 from £79,740 in the prior year. Per the trustees' report, free reserves stood at £264,418, which the trustees consider sufficient to cover administrative costs given their policy to distribute the bulk of annual income. The charity holds total unrestricted funds of £627,218, supported by significant investment property assets valued at £362,800. Its FY2025 accounts were independently examined.