Finance Score: -7

Governance Score: 0

Support Score: 0

Multiple Deficits: -2
Fundraising costs high: -5

No supporters identified

Overall GiG Score: -7

THE WILLIAM WATES MEMORIAL TRUST

The trust aims to enhance the lives of disadvantaged young people (ages 5 - 19) mainly in London and the South East. The trust wishes to encourage disadvantaged and vulnerable young people away from anti-social behaviour and criminal activity, enabling them to fulfill their potential. the Trustees prefer to support projects that continue to have an impact after support has ended.

Analysis by Giving is Great

Positives:

The charity has received modest backing from a grant maker

Financial issues to consider:

On several occasions in recent years income has been less than spending
Fundraising costs are extremely high relative to funds raised

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit £k	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/08/23		£955	£1,064	£-109	£575	£436	£436	4.9	0	0
31/08/22		£775	£791	£-16	£480	£557	£557	8.5	0	0
31/08/21		£422	£565	£-143	n/a	n/a	n/a	n/a	n/a	n/a
31/08/20		£352	£517	£-165	n/a	n/a	n/a	n/a	n/a	n/a
31/08/19		£765	£647	£118	£458	£843	£843	15.6	0	0
31/08/18		£706	£987	£-281	£430	£597	£597	7.3	0	0
31/08/17		£708	£817	£-109	£430	£896	£896	13.2	0	0
31/08/16		£590	£763	£-173	£372	£962	£962	15.1	0	0
31/08/15	*	£660	£627	£33	£363	£1,098	£1,098	21	0	0
31/08/14		£888	£645	£243	£377	£1,067	£1,067	19.9	0	0
31/08/13?		£931	£894	£37	£640	£724	£724	9.7	0	0
05/04/12	*	£84	£129	£-45	n/a	n/a	n/a	n/a	n/a	n/a
05/04/11	*	£395	£292	£103	n/a	n/a	n/a	n/a	n/a	n/a
05/04/10	*	£82	£199	£-117	n/a	n/a	n/a	n/a	n/a	n/a
05/04/09	*	£32	£223	£-191	n/a	n/a	n/a	n/a	n/a	n/a
05/04/08	*	£56	£179	£-123	n/a	n/a	n/a	n/a	n/a	n/a
05/04/07	*	£469	£168	£301	n/a	n/a	n/a	n/a	n/a	n/a
05/04/06	*	£60	£48	£12	n/a	n/a	n/a	n/a	n/a	n/a
05/04/05	*	£88	£187	£-99	n/a	n/a	n/a	n/a	n/a	n/a
05/04/04	*	£21	£15	£6	n/a	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 61.1%
Fundraising Costs/Total Spending: 54.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 53%
Liabilities/Income: 52%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 4.9 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.1

Asset Split ?

Balance Sheet History

Established: 33 years

www.wwmt.org

info@wwmt.org

07712557110

Charity Commission for England and Wales

Listed activities

Amateur Sport
Disability
Education/Training
General Charitable Purposes
Recreation
The Advancement Of Health Or Saving Of Lives

GiG Classification

Grant-making foundations

How it operates

Makes grants to organisations

Where it operates

Throughout England And Wales,

Who it helps

Children/Young People
Other Charities Or Voluntary Bodies
People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations

Amount	When Months	To be used for
Steve Morgan Foundation - Grant to William Wates Memorial Trust
£1,000	30/05/2022	Discretionary grant awarded

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (8)

Gender Split

ANDREW TRACE ALLAN WATES (Chair)

HAYDEN NORMAN GEORGE BAILEY Appointed: 2023

JONATHON GILES MACCARTNEY WATES

MONTY WATES

RICHARD JAMES ALEXANDER WATES

SUSAN LAING

SARAH MARY DEBURGH WATES

TIMOTHY ANDREW DE BURGH WATES

Legal constitution

Charity registered in England & Wales on 22/05/1992, number: 1011213

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Bullying and harassment policy and procedures
Complaints policy and procedures
Conflicting interests
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures

Filing Record

20 returns made; AR15: 111 days late, AR12: 144 days late, AR11: 21 days late, AR10: 154 days late, AR09: 39 days late, AR08: 0 days late, AR07: 117 days late, AR06: 78 days late, AR05: 21 days late, AR04: 21 days late,

Main office

Wates House
Station Approach
Leatherhead
Surrey
KT22 7SW

Objectives

SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR DISCRETION FROM TIME TO TIME DETERMINE.

Defined Area of Benefit:

NOT DEFINED

Data Sources

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