WORRALL AND FULLER EXHIBITION FUND
Under the terms of the trust, the fund can make grants to young people between 5 and 25 years old, resident in the old borough of Finsbury (now part of Islington) with a preference for those resident in, or whose parents during the previous year had their business or employment in the Parish of St. Lukes Old Street, and in the opinion of the governors are in need of financial assistance.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £3,780,057, a significant increase from the previous year's £783,365, driven largely by net proceeds from the sale of land. The trustees aim to maintain the underlying value of assets while spending annual income on grants, resulting in a reported operating profit of £2,966,691 for the year. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“The Charity aims to maintain the underlying value of its assets while spending the annual income on grants.”
Leadership, per the charity’s website
- Mrs Nicola Brooker — Chair
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- NICOLA BROOKERchair
- Adrian Dicks
- Alex Dunn
- Anne Anderson
- Jeremy Kent
- Natasha Warby
- The Reverend Canon Jack Noble
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.3m | £1.1m |
| 31/03/2024 | £82k | £42k |
| 31/03/2023 | £23k | £57k |
| 31/03/2022 | £41k | £22k |
| 31/03/2021 | £21k | £15k |
Common questions
Is WORRALL AND FULLER EXHIBITION FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £3,780,057, a significant increase from the previous year's £783,365, driven largely by net proceeds from the sale of land. The trustees aim to maintain the underlying value of assets while spending annual income on grants, resulting in a reported operating profit of £2,966,691 for the year. The auditor confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Hardcastle Burton.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| LOCAL TRUST | 1 | £122k |
| THE MICHAEL MARSH CHARITABLE TRUST | 1 | £69k |
| THE ALAN EDWARD HIGGS CHARITY | 1 | £15k |
| THE SHELDON TRUST | 1 | £12k |
| THE JOHN HORSEMAN TRUST | 1 | £10k |
| BLACKHORSE ROAD BAPTIST CHURCH | 1 | £7k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £6k |
| BESSELS GREEN BAPTIST CHURCH | 1 | £5k |
Charities like this
- THE BUZZACOTT STUART DEFRIES MEMORIAL FUND
- THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION
- Sir Graham Wylie Foundation
- Newcomen Collett Educational Foundation
- WHITWORTH SCHOLARSHIP'S FUND
- THE WORTH FOUNDATION LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WORRALL AND FULLER EXHIBITION FUND | £4.3m | — | 0 | above | — | no doubt |
| THE BUZZACOTT STUART DEFRIES MEMORIAL FUND | £119k | — | 0 | above | — | no doubt |
| THE SIR JOHN SEDLEY EDUCATIONAL FOUNDATION | £221k | — | 0 | above | — | no doubt |
| Sir Graham Wylie Foundation | £239k | — | — | below | — | no doubt |
| Newcomen Collett Educational Foundation | £210k | — | 0 | above | — | no doubt |
| WHITWORTH SCHOLARSHIP'S FUND | £280k | — | 0 | above | — | no doubt |