FAITH WELFARE TRUST
Faith Welfare Trust promotes the welfare of disadvantaged and/or destitute children and young adults. It also supports disadvantaged children and young adults in their education and training. To do this it funds 2 children's homes (boys and girls) near Chennai (Tamil Nadu) and a school in Rajahmundry (Andhra Pradesh) where free places and lunches are provided for needy children.
Financial health, per its FY2025 accounts
The accounts state that total income was £92,304 against outgoings of £115,303, resulting in a net expenditure for the year. However, the charity holds unrestricted reserves of £165,512, which the trustees note is substantially higher than their stated policy target of one year's expenditure (£115,000). This surplus provides a buffer against future funding risks and potential liabilities such as land disputes or natural disasters.
What the accounts disclose
“income was £92,304, of which £43,341 was a legacy gift”
“The policy of the Trustees is to hold adequate reserves of funds to ensure that standing commitments to support the trust’s projects can be met for at least a year.” — page 5
Trustees
- TESSA MARY SAYERSchair
- ALISTAIR COOMER
- BRIAN TUGWELL
- CHRIS SAYERS
- David Shipley
- ELSIE JEAN TUGWELL
- Harriet Stoner
- JOHN FISHER
- Philippa Erin Woods
- RACHEL FISHER
- joanne hutchison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £92k | £115k |
| 30/09/2024 | £165k | £116k |
| 30/09/2023 | £58k | £95k |
| 30/09/2022 | £47k | £61k |
| 30/09/2021 | £176k | £55k |
Common questions
Is FAITH WELFARE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that total income was £92,304 against outgoings of £115,303, resulting in a net expenditure for the year. However, the charity holds unrestricted reserves of £165,512, which the trustees note is substantially higher than their stated policy target of one year's expenditure (£115,000). This surplus provides a buffer against future funding risks and potential liabilities such as land disputes or natural disasters. Its FY2025 accounts were independently examined.