WCMC
Financial health, per its FY2024 accounts
The accounts state that the Group recorded a net decrease in funds of £761,241 for the year, primarily due to the planned use of restricted reserves for the Protected Planet programme. The Trustees report that the balance sheet position remains strong with net current assets of £5,597,587 and unrestricted reserves of £4,480,519, which exceed the stated policy target of six months of unrestricted expenditure. The charity continues as a going concern with no material uncertainties disclosed.
What the accounts disclose
“In the band £130,001 - £140,000 1”
“it has been agreed that the organisation should aim to hold unrestricted reserves to enable the organisation to operate at full capacity for at least six months, even if all income were to cease.”
“In the year 2024, purchases of £9,983 (2023: £12,070) were made from Fitzwilliam college, where a WCMC Trustee holds a Trusteeship.” — page 51
“The same Trustee is also a Council Member of the University of Cambridge where purchases of £18,142 were made (2023: £32,415) and revenue earned was £14,124 (2023: £Nil).” — page 51
“In the year 2024, purchases of £9,983 (2023: £12,070) were made from Fitzwilliam college, where a WCMC Trustee holds a Trusteeship.” — page 51
“The same Trustee is also a Council Member of the University of Cambridge where purchases of £18,142 were made (2023: £32,415) and revenue earned was £14,124 (2023: £Nil).” — page 51
“In the year 2024, purchases of £9,983 (2023: £12,070) were made from Fitzwilliam college, where a WCMC Trustee holds a Trusteeship.” — page 51
“The same Trustee is also a Council Member of the University of Cambridge where purchases of £18,142 were made (2023: £32,415) and revenue earned was £14,124 (2023: £Nil).” — page 51
“In the year 2024, purchases of £9,983 (2023: £12,070) were made from Fitzwilliam college, where a WCMC Trustee holds a Trusteeship.” — page 51
“The same Trustee is also a Council Member of the University of Cambridge where purchases of £18,142 were made (2023: £32,415) and revenue earned was £14,124 (2023: £Nil).” — page 51
“In the year 2024, purchases of £9,983 (2023: £12,070) were made from Fitzwilliam college, where a WCMC Trustee holds a Trusteeship.” — page 51
“The same Trustee is also a Council Member of the University of Cambridge where purchases of £18,142 were made (2023: £32,415) and revenue earned was £14,124 (2023: £Nil).” — page 51
“The accounts present the consolidated position for 2024 and 2023 which includes the subsidiary entity of WCMC Europe asbl.” — page 11
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- ROBIN BIDWELLchair
- ALASDAIR DAVID POORE
- James Fergus Sloane
- Katherine Elizabeth Jones
- Mette Wilkie
- Professor Bhaskar Vira
- ROBERT ANDREW POWELL
- Rajkumar Sethurajan
- Suraya Mailvaganam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £20.1m | £20.9m |
| 31/12/2023 | £21.8m | £22.1m |
| 31/12/2022 | £21.7m | £18.8m |
| 31/12/2021 | £16.4m | £16.3m |
| 31/12/2020 | £15.3m | £15.2m |
Common questions
Is WCMC financially healthy?
The accounts state that the Group recorded a net decrease in funds of £761,241 for the year, primarily due to the planned use of restricted reserves for the Protected Planet programme. The Trustees report that the balance sheet position remains strong with net current assets of £5,597,587 and unrestricted reserves of £4,480,519, which exceed the stated policy target of six months of unrestricted expenditure. The charity continues as a going concern with no material uncertainties disclosed. Its FY2024 accounts were audited by Peters Elworthy & Moore.
What does the highest-paid employee of WCMC earn?
Per its FY2024 accounts, the highest-paid employee was in the £130,001 - £140,000 band.