THE WILL CHARITABLE TRUST
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £1,258,215, funded by drawing down on its expendable endowment and designated funds. Per the trustees' report, the charity held unrestricted reserves of £200,000 and an expendable endowment of £17,753,080 at the year end, with no stated reserves policy target. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties.
What the accounts disclose
“Fees paid to Farrer & Co., solicitors, and charged in the accounts for the year are £22,256 (2024: £6,028).” — page 18
“Fees paid to Kreston Reeves Audit LLP and charged in the accounts for the year for auditing services are £13,000 (2024: £12,703).” — page 18
“Fees paid to Farrer & Co., solicitors, and charged in the accounts for the year are £22,256 (2024: £6,028).” — page 18
“Fees paid to Kreston Reeves Audit LLP and charged in the accounts for the year for auditing services are £13,000 (2024: £12,703).” — page 18
“Fees paid to Farrer & Co., solicitors, and charged in the accounts for the year are £22,256 (2024: £6,028).” — page 18
“Fees paid to Kreston Reeves Audit LLP and charged in the accounts for the year for auditing services are £13,000 (2024: £12,703).” — page 18
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Christine Dix
- Joanna Elizabeth Brook Dyson
- RODNEY LUFF
- Robert Geoffrey Redfern Boddington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £520k | £1.2m |
| 05/04/2024 | £549k | £1.5m |
| 05/04/2023 | £501k | £1.3m |
| 05/04/2022 | £491k | £840k |
| 05/04/2021 | £559k | £1.1m |
Common questions
Is THE WILL CHARITABLE TRUST financially healthy?
The accounts state that the charity incurred a net expenditure of £1,258,215, funded by drawing down on its expendable endowment and designated funds. Per the trustees' report, the charity held unrestricted reserves of £200,000 and an expendable endowment of £17,753,080 at the year end, with no stated reserves policy target. The trustees confirmed adequate resources for the foreseeable future with no material uncertainties. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.