THE CITY OF LONDON ALMSHOUSES

Registered charity 1005857 · accounts filings on the Charity Commission register · also known as THE CITY OF LONDON ALMSHOUSES TRUST

Provides accommodation/housing for elderly/old people and other defined groups.

Causes: Accommodation/housing · Get email alerts

Latest income
£480k
Latest spending
£517k
Registered
1991
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income increased to £418,099, while total charitable expenditure rose to £517,281, resulting in a net decrease in total funds of £37,105. The charity holds unrestricted funds of £1,764,404, with free reserves of £858,000, which the trustees consider well above the minimum policy requirement of £2,800. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum amount of £2,800 (held: £858k)
The Trustee has revised its policy in 2020/21 to meet future working capital needs. The Trustee believes that a minimum amount of £2,800 should be held at present, which will be subject to annual review.
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Crowe U.K. LLP. Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Lambeth

Income and spending

Financial year endIncomeSpending
31/03/2025£480k£517k
31/03/2024£312k£431k
31/03/2023£326k£349k
31/03/2022£326k£223k
31/03/2021£354k£270k

Common questions

Is THE CITY OF LONDON ALMSHOUSES financially healthy?

Per its FY2025 accounts: The accounts state that total income increased to £418,099, while total charitable expenditure rose to £517,281, resulting in a net decrease in total funds of £37,105. The charity holds unrestricted funds of £1,764,404, with free reserves of £858,000, which the trustees consider well above the minimum policy requirement of £2,800. The auditor confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Crowe U.K. LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ESTATE CHARITY OF WILLIAM HATCLIFFE1£1.1m
THE EDWARD CADBURY CHARITABLE TRUST1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE DRAPERS' ALMSHOUSE CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE CITY OF LONDON ALMSHOUSES£480k0aboveno doubt
THE DRAPERS' ALMSHOUSE CHARITY FY2025£1.6m0aboveno doubt
FOORD ALMSHOUSES FY2025£696k0aboveno doubt
THE ABERFORD ALMSHOUSES FY2025£177k0aboveno doubt
GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH FY2025£460k0unclearno doubt
CHELTENHAM ALMSHOUSES & AID CIO FY2022£312k0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.