THE FITZWILLIAM WENTWORTH AMENITY TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity held total unrestricted reserves of £49,765,189, with an adverse free reserve position in the General Fund of £132,383 after deducting tangible fixed assets. The Trustees consider it prudent to retain a reserve of up to twice total annual expenditure, noting that current general fund reserves are below this policy target. Despite a deficit on operating activities, the net movement in funds was positive due to investment gains, and the auditors confirmed no material uncertainties regarding going concern.
What the accounts disclose
“It is noted that the general fund reserves are presently below this level.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- SIR PHILIP NAYLOR-LEYLAND Bt.chair
- Earl of Scarbrough
- Hon Ralph Edward Anthony Thornhagh Foljambe
- LADY ISABELLA NAYLOR-LEYLAND
- MR JR ARCHDALE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.1m | £2.3m |
| 31/03/2024 | £2.0m | £1.9m |
| 31/03/2023 | £1.9m | £2.3m |
| 31/03/2022 | £2.0m | £1.8m |
| 31/03/2021 | £1.8m | £1.9m |
Common questions
Is THE FITZWILLIAM WENTWORTH AMENITY TRUST financially healthy?
The accounts state that the charity held total unrestricted reserves of £49,765,189, with an adverse free reserve position in the General Fund of £132,383 after deducting tangible fixed assets. The Trustees consider it prudent to retain a reserve of up to twice total annual expenditure, noting that current general fund reserves are below this policy target. Despite a deficit on operating activities, the net movement in funds was positive due to investment gains, and the auditors confirmed no material uncertainties regarding going concern. Its FY2025 accounts were audited by Armstrong Watson Audit Limited.
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