WOLVERHAMPTON WANDERERS FOUNDATION

Charity number: 1126799
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Wolves Community Trust began operation as a registered charity in December 2008. The department is based around five thematic areas: Sports Participation Health Education & Enterprise Social Inclusion Community Donations via Wolves Aid. In addition, Wolves Community Trust is involved in a variety of projects funded by the Premier League or Football League Trust.

Income and expenditure

Data for financial year ending 31 May 2024

Total income:
£2,100,142

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Donations and legacies £89.32k
Charitable activities £1.80m
Other trading activities £215.01k
Investments £0
Other £0

Total expenditure:
£1,959,780

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Raising funds £245.40k
Charitable activities £1.71m
Other £0

£0 investments gains (losses)

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 £245.40k
Charitable expenditure £1.71m
Retained for future use £140.36k

People

74 Employee(s)

6 Trustee(s)

Employees with total benefits over £60,000

No information available

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

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • Amateur Sport
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Acts As An Umbrella Or Resource Body
Where the charity operates:
  • Dudley
  • Shropshire
  • Staffordshire
  • Telford & Wrekin
  • Walsall
  • Wolverhampton

Governance

Registration history:
  • 19 November 2008: Standard registration
Organisation type:
Charitable company
Other names:
  • WOLVES COMMUNITY TRUST (Previous name)
  • WOLVES COMMUNITY TRUST (Previous name)
Company number:
06625967 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • 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
  • 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

6 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Kevin Alan Rogers Chair 04 July 2019
None on record
Richard Welch Trustee 23 June 2023
None on record
Caren Elizabeth Tonks Trustee 04 July 2019
None on record
Alastair Robert Purssell Trustee 11 April 2019
None on record
Matthew David Wild Trustee 28 March 2017
None on record
RICHARD IAN SKIRROW Trustee
None on record

Financial history

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Financial period end date

Income / Expenditure 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Total gross income £1.57m £1.56m £2.05m £2.20m £2.10m
Total expenditure £1.13m £1.07m £1.54m £1.80m £1.96m
Income from government contracts £55.00k £55.00k £260.62k £426.67k N/A
Income from government grants £33.30k N/A N/A N/A N/A
Income - Donations and legacies £169.15k £155.30k £130.65k £159.11k £89.32k
Income - Other trading activities £249.62k £127.51k £274.57k £191.54k £215.01k
Income - Charitable activities £1.15m £1.28m £1.65m £1.85m £1.80m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £0 £0 £0 £0 £0
Income - Legacies £8.84k £29.79k £29.79k £0 £0
Expenditure - Charitable activities £1.07m £981.40k £1.44m £1.61m £1.71m
Expenditure - Raising funds £63.92k £89.63k £105.43k £187.29k £245.40k
Expenditure - Governance £0 £0 £6.05k £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £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 31/05/2020 31/05/2021 31/05/2022 31/05/2023 31/05/2024
Own use assets £513.11k £445.29k £409.93k £374.84k £339.99k
Long-term investments £0 £0 £0 £0 £0
Other assets £1.91m £2.63m £2.57m £3.24m £3.56m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £1.02m £1.18m £578.10k £812.48k £956.99k

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 May 2024 07 February 2025 On Time
Accounts and TAR 31 May 2024 07 February 2025 On Time Download Open in new window
Annual return 31 May 2023 24 January 2024 On Time
Accounts and TAR 31 May 2023 24 January 2024 On Time Download Open in new window
Annual return 31 May 2022 20 December 2022 On Time
Accounts and TAR 31 May 2022 20 December 2022 On Time Download Open in new window
Annual return 31 May 2021 18 February 2022 On Time
Accounts and TAR 31 May 2021 18 February 2022 On Time Download Open in new window
Annual return 31 May 2020 19 February 2021 On Time
Accounts and TAR 31 May 2020 19 February 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 OF ASSOCIATION INCORPORATED 20 JUNE 2008 AS AMENDED BY SPECIAL RESOLUTION 7 AUGUST 2008 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 26 JUL 2018

Charitable objects

THE CHARITY'S OBJECTS ("THE OBJECTS") ARE FOR THE BENEFIT OF THE PUBLIC GENERALLY AND, IN PARTICULAR THE INHABITANTS OF WOLVERHAMPTON AND ITS SURROUNDING AREAS:- (A) TO PROMOTE COMMUNITY PARTICIPATION IN HEALTHY RECREATION BY PROVIDING FACILITIES FOR THE PLAYING OF ASSOCIATION FOOTBALL AND OTHER SPORTS CAPABLE OF IMPROVING HEALTH ("FACILITIES" IN THIS CLAUSE MEANS LAND; BUILDINGS, EQUIPMENT AND ORGANISING SPORTING ACTIVITIES); (B) TO PROVIDE AND ASSIST IN PROVIDING FACILITIES FOR SPORT, RECREATION OR OTHER LEISURE TIME OCCUPATION OF SUCH PERSONS WHO HAVE THE NEED FOR SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES OR FOR THE PUBLIC AT LARGE IN THE INTERESTS OF SOCIAL WELFARE AND WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE; (C) TO ADVANCE THE EDUCATION OF CHILDREN AND YOUNG PEOPLE THROUGH SUCH MEANS AS THE TRUSTEES THINK FIT IN ACCORDANCE WITH THE LAW OF CHARITY; (D) TO RELIEVE POVERTY OF PERSONS OR GROUPS WHO ARE OR HAVE BEEN RESIDENTS IN WOLVERHAMPTON AND ITS SURROUNDING AREAS OR WHO HAVING LIVED OUTSIDE THAT GEOGRAPHICAL AREA HAVE BEEN OR ARE ASSOCIATED WITH THE ACTIVITIES OF WOLVERHAMPTON AND ITS SURROUNDING AREARS; AND (E) ANY OTHER CHARITABLE PURPOSE ACCORDING TO THE LAW OF ENGLAND AND WALES.

Area of benefit

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

WOLVERHAMPTON

Contact information

Address:
MOLINEUX STADIUM
WATERLOO ROAD
WOLVERHAMPTON
WV1 4QR
Phone:
07813015347
Email:
willclowes@wolves.co.uk
Website:

www.wolvescommunitytrust.org.uk Open in new window