Watford Sheltered Workshop Limited

Analysis

Watford Sheltered Workshop Limited is a registered charity in England and Wales, based in Watford. It was registered in August 1966, 60 years ago. Its declared purposes cover disability, which this site groups under disability. Legally it is a charitable company (Companies House number 00753764). It says it provides services.

In the financial year ending March 2025, Watford Sheltered Workshop Limited reported income of £981k and spending of £1.1m, spending 114% of what it took in. Across the 5 years on record, from March 2021 to March 2025, income grew from £966k to £981k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to March 2023, when income rose by 224%. Over the whole period it spent 74% of the income it received.

Among 12,871 England and Wales charities whose main cause is disability and that reported income, Watford Sheltered Workshop Limited sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Made by Dyslexia (£980k), Open Up Music (£982k) and Chasdei Sorele (£979k).

In its latest detailed accounts, income came from charitable activities 62%, donations and legacies 28% and investments 9.7%. Charitable activities took 100% of spending and raising funds 0.0%. Reserves of £2.2m would cover about 24 months of spending at that rate. It employed 53 people.