Garfield Weston Trust Ulster University
To carry out charitable activities for the promotion of education and research
Objects
THE PROMOTION OF EDUCATION AND RESEARCH OF ALL KINDS THROUGH THE NEW UNIVERSITY OF ULSTER
Latest income
£72k
Latest spending
£100k
Registered
1969
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased from £3,014,884 to £2,820,501 due to a net loss of £194,383, driven by investment losses. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Reserves policy: approximately twelve months of unrestricted charitable expenditure (held: £2.8m)
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately twelve months of unrestricted charitable expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Policies the charity declares
- Complaints policy and procedures
- 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
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Andrew Robert Bing
- Anne-Marie Ward
- Colin Charles Tipping
- Eamon Mullan
- John Bedford
- Patrick Martin McKeown
- Professor Malachy O'Neill
- Sarah Mary Travers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £72k | £100k |
| 05/04/2024 | £77k | £91k |
| 05/04/2023 | £72k | £61k |
| 05/04/2022 | £78k | £24k |
| 05/04/2021 | £62k | £100k |
Common questions
Is Garfield Weston Trust Ulster University financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £3,014,884 to £2,820,501 due to a net loss of £194,383, driven by investment losses. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.