Kenilworth
Nub News Logo
Nub News

'Considerable embarrassment' for major Kenilworth charity in missing accounts deadline

Local News by James Smith 1 hour ago  
The William Edwards Educational Charity has come under fire from Kenilworth councillors (image supplied)
The William Edwards Educational Charity has come under fire from Kenilworth councillors (image supplied)
advertisement

Town councillors have criticised a Kenilworth charity which has funds of around £10 million for being nearly three months past the deadline for filing its accounts.

The William Edwards Educational Charity (WEEC) is currently 90 days behind in submitting in its annual return and accounts to the Charity Commission.

Speaking at the most recent Kenilworth Town Council meeting, Cllr Richard Dickson said it was a "considerable embarrassment to the charity" that the documents were "significantly late".

He said it was particularly pertinent given WEEC is "such a big charity that invests so much money in the town".

The charity dates back over 300 years and exists to give grants to Kenilworth people under the age of 25 to cover anything from uniforms and books to undergraduate degree expenses and postgraduate bursaries.

The charity donated more than £300,000 to schools last year and regularly aids more than 200 people each year with individual grants.

WEEC has three trustees nominated by Kenilworth Town Council to help oversee it.

At the most recent town council meeting, Cllr Kate Dickson explained problems with the previous auditors had delayed the submission of the accounts and annual return.

Download our Mobile App!

"The accounts are now with a reputable, larger accountant and we are waiting for them to come back," she told councillors.

"I understand the clerk has had at least two meetings with the accountants and they are waiting."

This is not the first time WEEC has missed the deadline for filing its accounts.

Last year it was one day late, and in 2022 was 58 days late in filing them.

WEEC was formed following the death of notable surgeon Dr William Edwards in 1723.

Born in 1659, Edwards lived in Kenilworth, working as a surgeon and bone setter.

WEEC has been approached for comment.

Download our Free App:

     

The Ball is in your court. Our long-term GOAL
is to help our local community to grow.

On our part, we are making a connection between local news, local people and local businesses.
This connection is the key to community success.

Now the ball is in your court.
You can support us with a small payment or at least read us for free.
Take a shot yourself and then pass the ball to your friends!
Monthly supporters will enjoy:
Ad-free experience
advertisement

Share:

Comments (0)

Post comment

No comments yet!


advertisement

Downdload our Free App:

     

...or become a Supporter.
Kenilworth. Your Town. Your News.

Local news is essential for our community — but it needs your support.
Your donation makes a real difference.
For monthly donators:
Ad-free experience