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Wates Family Enterprise Trust

Wates Family Enterprise Trust was set up in 2008 to support initiatives that make a real difference to society. It forms a vital part of the Wates Family's commitment to being engaged stewards of a business that combines wealth creation with social responsibility. All the proposals for awards come from the Wates Family and employees, as a result we are unable to accept applications for funding.

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Activities & Mission

Wates Family Enterprise Trust was set up in 2008 to support initiatives that make a real difference to society. It forms a vital part of the Wates Family's commitment to being engaged stewards of a business that combines wealth creation with social responsibility. All the proposals for awards come from the Wates Family and employees, as a result we are unable to accept applications for funding.

Areas of Operation

Where this charity is registered to operate, as self-declared to the Charity Commission. These are regulatory classifications, not a list of active programmes, and don't necessarily indicate fundraising activity in each location.

Financial Information

Latest Income
£1,910,321
Latest Expenditure
£1,697,063

Financial Efficiency

Program Ratio 88.8%
% of income going directly to charitable activities

Higher than 37% of UK Beneficiary group charities with income £1M to £10M (sample: 3130). How is this calculated?

Overall Efficiency 100.0%
% of expenditure going to programs (vs overhead)

Higher than 100% of UK Beneficiary group charities with income £1M to £10M. How is this calculated?

Administrative Ratio 0.6%
Overhead (fundraising + governance) as % of total expenditure

Lower overhead than 74% of UK Beneficiary group charities with income £1M to £10M. (Lower overhead is generally read as more efficient.) How is this calculated?

Latest Financial Breakdown

Income Sources

Donations & Legacies £1,875,000
Charitable Activities £0
Other Trading £0
Investments £35,321
Other Income £0

Expenditure Categories

Charitable Expenditure £1,697,063
Raising Funds £0
Governance £9,343
Grants to Institutions £0
Other Expenditure £0

Financial Trend

Annual Returns

As filed with the Charity Commission for England and Wales. Most recent filing covers the financial year ending 2024.

Financial YearIncomeExpenditureCharitable SpendingNet AssetsReservesStaff
2024
£1,910,321
£1,697,063£1,697,063£987,645£869,0096 / 0
2023
£1,511,382
£1,552,497£1,552,497£774,387£774,3875 / 0
2022
£1,502,283
£1,165,277£1,165,277£815,502£815,5023 / 0
2021
£825,836
£683,384£683,384£478,496£478,4963 / 0
2020
£832,385
£688,466£688,466£336,494£336,4943 / 0

Staff column shows: Employees / Volunteers

Frequently asked questions about Wates Family Enterprise Trust

What does Wates Family Enterprise Trust do?

Wates Family Enterprise Trust was set up in 2008 to support initiatives that make a real difference to society. It forms a vital part of the Wates Family's commitment to being engaged stewards of a business that combines wealth creation with social responsibility. All the proposals for awards come from the Wates Family and employees, as a result we are unable to accept applications for funding.

How much income did Wates Family Enterprise Trust report in 2024?

Wates Family Enterprise Trust reported total income of £1.91m and reported expenditure of £1.70m for the financial year ending 2024, based on the most recent annual return filed with the Charity Commission.

How efficient is Wates Family Enterprise Trust?

Wates Family Enterprise Trust has a program ratio of 88.8%, meaning that share of its income goes directly to charitable activities. This is higher than 37% of UK Beneficiary group charities with income £1M to £10M (sample of 3130 charities). See our methodology for how this is calculated.

When was Wates Family Enterprise Trust registered as a charity?

Wates Family Enterprise Trust was registered with the Charity Commission for England and Wales on 23 September 2008 as charity number 1126007. It has been registered for 18 years.

Who runs Wates Family Enterprise Trust?

Wates Family Enterprise Trust is governed by a board of 8 trustees. The chair of trustees is TIM WATES. Trustees are legally responsible for the charity's governance and are listed in full on its profile.

Where does Wates Family Enterprise Trust operate?

Wates Family Enterprise Trust operates across 2 areas: Scotland and England And Wales.

Is Wates Family Enterprise Trust a registered charity?

Yes — Wates Family Enterprise Trust is a registered charity in England and Wales, charity number 1126007.

Details

Address
Wates Family Charities
Wates House
Station Approach
LEATHERHEAD
KT22 7SW
Registration Date
23 September 2008
Status
Registered

Registry Information

Organisation Number
4041455
Charity Number
1126007

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Trustees

TIM WATES Chair
Also governs 1 other charity
ANDREW TRACE ALLAN WATES
Also governs 1 other charity
ANDY WATES
Also governs 1 other charity
CHARLES WILLIAM RANDAG WATES
JONATHAN GILES MACARTNEY WATES
MICHAEL EDWARD WATES
Also governs 1 other charity
PAUL CHRISTOPHER RONALD WATES
Also governs 1 other charity
Sir JAMES GARWOOD MICHAEL WATES CBE
Also governs 1 other charity

Sectors & Classifications

Data & trust

Register data refreshed
14 May 2026
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