WALLACE WILSON-HAFFENDEN MEMORIAL FUND

Registered charity 803272 · accounts filings on the Charity Commission register

To assist young persons under the age of 25 who are resident or being educated or trained in the Canterbury area by:- a) giving financial assistance to those preparing for entering upon or engaged in any profession, trade, occupation or service, and b) providing scholarships for study courses at schools, colleges or universities.

Objects

1. ASSISTING PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS RESIDENT IN THE CANTERBURY AREA WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND WHO ARE PREPARING FOR ENTERING UPON OR ENGAGED IN ANY PROFESSION, TRADE, OCCUPATION OR SERVICE BY PROVIDING THEM WITH OUTFITS OR BY PAYING FEES TRAVELLING OR MAINTENANCE EXPENSES OR BY SUCH OTHER MEANS FOR THEIR ADVANCEMENT IN LIFE OR TO ENABLE THEM TO EARN THEIR LIVING S THE TRUSTEES THINK FIT.2. THE ADVANCEMENT OF PUBLIC EDUCATION BY THE PROVISION OF A SCHOLAR-SHIP OR SCHOLARSHIPS FOR ANY SUCH YOUNG PERSON OR PERSONS WHO IS OR ARE ATTENDING OR INTENDING TO ATTEND A COURSE OF STUDY AT A SCHOOL, COLLEGE, UNIVERSITY OR OTHER EDUCATIONL ESTABLISHMENT OR IS SERVING OR INTENDING TO SERVE AN APPRENTICESHIP.

Area of benefit: CANTERBURY

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Get email alerts

Latest income
£55k
Latest spending
£62k
Registered
1990
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity holds unrestricted reserves of £1,514,140, which are regarded as free reserves and are held to ensure objectives can be met in perpetuity. The charity relies entirely on investment income to fund its grants and explicitly states it does not undertake any fundraising activity. The trustees confirm adequate resources exist to continue operations for the foreseeable future.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: ensure that the objectives of the Charity can be met in perpetuity (held: £1.5m)
“The current level of reserves are held in order to ensure that the objectives of the Charity can be met in perpetuity. The value of the Charity’s reserves varies directly with the value of the investment held to fund the Charity’s objectives.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/07/2025£55k£62k
31/07/2024£53k£58k
31/07/2023£52k£61k
31/07/2022£51k£30k
31/07/2021£46k£18k

Common questions

Is WALLACE WILSON-HAFFENDEN MEMORIAL FUND financially healthy?

Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £1,514,140, which are regarded as free reserves and are held to ensure objectives can be met in perpetuity. The charity relies entirely on investment income to fund its grants and explicitly states it does not undertake any fundraising activity. The trustees confirm adequate resources exist to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.