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.
Objects
(1) TO PROMOTE THE WELFARE OF DISADVANTAGED AND/OR DESTITUTE CHILDREN AND YOUNG PEOPLE IN THE AREA OF BENEFIT; AND (2) TO SUPPORT DISADVANTAGED CHILDREN AND YOUNG PEOPLE IN THE AREA OF BENEFIT IN THEIR EDUCATION AND TRAINING.
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
Policies the charity declares
- Complaints handling
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
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.