WALLACE WILSON-HAFFENDEN MEMORIAL FUND
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.
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.
What the accounts disclose
“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.”
Trustees
- Frederick Wilson-Haffenden
- JOHN HAFFENDEN
- MARY ELIZABETH WILSON-HAFFENDEN
- Stella Rose Wilson-Haffenden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.