WELLFIELD TRUST
The relief of poverty either generally or individually of persons resident in the Parish of Hatfield who are in conditions of need, hardship or distress by making grants of money or providing or paying for items, services or facilities calculated to reduce the need, hardship or distress of such persons.
Objects
FOR THE RELIEF GENERALLY OF INDIVIDUALLY OF PERSONS RESIDENT IN THE PARISH OF HATFIELD WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS
Financial health, per its FY2025 accounts
The accounts state that the Trust had unrestricted cash funds of £57,023 at the year end, an increase from the previous year's £56,013. The Trust reports that its level of reserves helps to smooth out uneven levels of grant applications, and the independent examiner confirmed no material matters were found in the examination of the accounts.
What the accounts disclose
“Dividends on investments 70,897” — page 9
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Marylyn Susan McLarenchair
- David Young
- Debbie MacCormick
- Gareth Frederick Aicken
- Howard Brown
- Jeanette Bayford
- Laxmikant Hirani
- Linda Mendez
- Tara Lyons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £78k | £77k |
| 31/03/2024 | £76k | £66k |
| 31/03/2023 | £75k | £76k |
| 31/03/2022 | £74k | £72k |
| 31/03/2021 | £66k | £62k |
Common questions
Is WELLFIELD TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the Trust had unrestricted cash funds of £57,023 at the year end, an increase from the previous year's £56,013. The Trust reports that its level of reserves helps to smooth out uneven levels of grant applications, and the independent examiner confirmed no material matters were found in the examination of the accounts. Its FY2025 accounts were independently examined.