WESTWAY TRUST

Charity number: 1123127
Charity reporting is up to date (59 days late)

Charity overview

Activities - how the charity spends its money

Westway Trust will deliver enterprise, retail, community, cultural and sporting opportunities together with improvements to the public realm on our estate by the A40 Westway. By harnessing the creativity, heritage and diversity that makes the area so special, we will ensure distinctive and attractive spaces that the local community can continue to be proud of, and which visitors can enjoy.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£8,157,000

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Donations and legacies £0
Charitable activities £1.76m
Other trading activities £0
Investments £5.95m
Other £449.00k

Total expenditure:
£6,320,000

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Raising funds £2.23m
Charitable activities £4.09m
Other £0

£871,000 investments gains (losses)

Total income includes £1,531,000 from 9 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £2.23m
Charitable expenditure £4.09m
Retained for future use £1.84m

People

62 Employee(s)

10 Trustee(s)

50 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 3
£70k to £80k 2
£100k to £110k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Arts/culture/heritage/science
  • Amateur Sport
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Recreation
Who the charity helps:
  • Other Charities Or Voluntary Bodies
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Brent
  • City Of Westminster
  • Hammersmith And Fulham
  • Kensington And Chelsea

Governance

Registration history:
  • 07 March 2008: Standard registration
Organisation type:
Charitable company
Other names:
  • WESTWAY DEVELOPMENT TRUST (Previous name)
Company number:
06475436 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
  • Ofsted (Office For Standards In Education)
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Tobias Laurent Belson Chair 27 January 2020
None on record
Ali Sharif Trustee 28 June 2024
None on record
Desmond Lloyd Campbell Trustee 03 April 2024
None on record
Andrew David Abdulezer Trustee 25 March 2024
None on record
Ruth Odusanya Daniel Trustee 25 March 2024
None on record
Minal Patel Trustee 15 July 2021
None on record
Jonathan Paul Kelly Trustee 08 June 2021
None on record
Cllr Marie-Therese Anne Rossi Trustee 06 August 2020
THE EARLS COURT YOUTH CLUB
Received: On time
The Pocklington & the Thomas Huggett Apprenticeship Aid Fund Trust
Received: On time
Huey Ainsworth Walker Trustee 05 February 2020
None on record
Marwan ELNAGHI Trustee 26 July 2019
THE MUSLIM CULTURAL HERITAGE CENTRE (MCHC) TRUST
Received: On time

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £6.06m £5.98m £6.77m £6.16m £8.16m
Total expenditure £6.13m £6.83m £6.11m £5.91m £6.32m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £420.00k £449.00k £400.00k £602.00k £1.53m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £503.00k £883.00k £660.00k £822.00k £1.76m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £5.06m £4.68m £5.22m £4.87m £5.95m
Income - Other £492.00k £422.00k £893.00k £471.00k £449.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £4.30m £2.83m £2.90m £3.39m £4.09m
Expenditure - Raising funds £1.83m £0 £3.21m £2.52m £2.23m
Expenditure - Governance £40.00k £28.00k £40.00k £20.00k £48.00k
Expenditure - Grants institution £826.00k £0 £0 £0 £0
Expenditure - Investment management £1.83m £0 £3.21m £2.52m £2.23m
Expenditure - Other £0 £4.00m £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £59.60m £1.26m £1.04m £53.25m £1.78m
Long-term investments £0 £57.26m £57.04m £0 £53.49m
Other assets £5.81m £5.95m £6.91m £8.89m £8.99m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.47m £1.75m £1.38m £2.44m £1.85m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 31 March 2025 59 days late
Accounts and TAR 31 March 2024 31 March 2025 59 days late Download Open in new window
Annual return 31 March 2023 19 July 2024 170 days late
Accounts and TAR 31 March 2023 19 July 2024 170 days late Download Open in new window
Annual return 31 March 2022 29 January 2023 On time
Accounts and TAR 31 March 2022 29 January 2023 On time Download Open in new window
Annual return 31 March 2021 30 January 2022 On time
Accounts and TAR 31 March 2021 30 January 2022 On time Download Open in new window
Annual return 31 March 2020 19 January 2021 On time
Accounts and TAR 31 March 2020 19 January 2021 On time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 16/01/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 02/04/2008 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 22/11/2008 AS AMENDED BY ORDER DATED 12/04/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 25/11/2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 14/10/2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 17/04/2014 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 24/11/2014 AS REGISTERED AT COMPANIES HOUSE ON 12/12/2014

Charitable objects

2.1 THE OBJECTS OF THE TRUST ARE TO PROMOTE PARTICULARLY FOR THE BENEFIT OF THOSE LIVING OR WORKING IN THE ROYAL BOROUGH OF KENSINGTON AND CHELSEA AND ADJOINING LONDON BOROUGHS (HEREINAFTER CALLED THE AREA OF BENEFIT) BY SUCH EXCLUSIVELY CHARITABLE MEANS AS THE TRUSTEES THINK FIT INCLUDING: (A) THE ADVANCEMENT OF EDUCATION INCLUDING: (I) TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE, AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; (II) THE PROVISION OF FINANCIAL ASSISTANCE TO PERSONS WHO ARE RESIDENT IN THE AREA OF BENEFIT AND WHO ARE IN NEED OF SUCH ASSISTANCE TO PURSUE EDUCATION; AND (III) SUPPORT OF THE PERFORMING AND VISUAL ARTS; (B) THE PROVISION, OR ASSISTANCE IN THE PROVISION OF, FACILITIES FOR: (I) RECREATION; (II) SPORTING; OR (III) OTHER LEISURE-TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE PROVIDED THAT THE FACILITIES ARE PROVIDED WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THOSE LIVING AND WORKING IN THE AREA OF BENEFIT; (C) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES IN THE AREA OF BENEFIT, INCLUDING THE PROVISION OF PUBLIC ART; (D) THE ADVANCEMENT OF HEALTH; (E) THE DEVELOPMENT OF THE CAPACITY AND SKILLS OF MEMBERS OF SOCIALLY DISADVANTAGED COMMUNITIES WITHIN THE AREA OF BENEFIT IN SUCH A WAY THAT THEY ARE BETTER ABLE TO IDENTIFY AND HELP MEET THEIR NEEDS AND TO PARTICIPATE MORE FULLY IN SOCIETY; (F) THE ADVANCEMENT OF THE ARTS, CULTURE AND HERITAGE; (G) THE ADVANCEMENT OF AMATEUR SPORTS OR GAMES WHICH PROMOTE HEALTH BY INVOLVING PHYSICAL OR MENTAL SKILL OR EXERTION; (H) THE PROMOTION OF CIVIC RESPONSIBILITY, VOLUNTEERING, THE VOLUNTARY SECTOR OR THE EFFECTIVENESS OR EFFICIENCY OF CHARITIES, (I) THE RELIEF OF THOSE IN NEED BECAUSE OF YOUTH, AGE, ILL-HEALTH, DISABILITY, FINANCIAL HARDSHIP OR OTHER DISADVANTAGE; (J) THE ADVANCEMENT OF ENVIRONMENTAL PROTECTION OR IMPROVEMENT INCLUDING THE PROMOTION OF URBAN REGENERATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THOSE LIVING AND WORKING IN THE AREA OF BENEFIT BY: (I) ALL OR ANY OF THE MEANS EXPRESSED IN PARAGRAPHS (A) TO (I) ABOVE; (II) THE PROVISION OF FINANCIAL OR TECHNICAL ASSISTANCE OR BUSINESS ADVICE AND CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: (A) IN SETTING UP THEIR OWN BUSINESS; OR (B) TO EXISTING BUSINESS; AND (III) THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDING OR LAND FOR USE ON FAVOURABLE TERMS; PROVIDED ALWAYS THAT SUCH ACTIVITY IS DELIVERED BY PROGRAMMES DESIGNED TO BENEFIT THE PUBLIC AND ANY PRIVATE GAIN IS INCIDENTAL TO THE PURPOSE OF THE PROGRAMMES; AND (K) ANY OTHER PURPOSES THAT ARE EXCLUSIVELY CHARITABLE UNDER THE LAW OF ENGLAND AND WALES.

Area of benefit

The area the charity can operate in, as set out in its governing document.

ROYAL BOROUGH OF KENSINGTON AND CHELSEA AND ADJOINING LONDON BOROUGHS

Contact information

Address:
Westway Trust
1 Thorpe Close
LONDON
W10 5XL
Phone:
02089625720
Email:
info@westway.org
Website:

www.westway.org Open in new window