THE CHARLTON BEQUEST AND DISPENSARY TRUST
The provision of accommodation for letting to poor, sick or elderly persons and to apply income of the charity applicable for relief in relieving sick and needy persons resident in the area of the former County Borough of Tynemouth.
Objects
(1)SO FAR AS REQUISITE FOR THE BENEFIT OF ANY TENANTS OF THE CHARITY OR RESIDENTS IN ANY ALMSHOUSES OF THE CHARITY OR ANY OF THEM IN SUCH MANNER AS THE TRUSTEES THINK FIT FROM TIME TO TIME;AND (2)IN RELIEVING IN CASES OF NEED PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE SICK, CONVALESCENT,DISABLED, HANDICAPPED OR INFIRM BY PROVIDING OR PAYING FOR ITEMS,SERVICES OR FACILITIES WHICH ARE CALCULATED TO ALLEVIATE THE SUFFERING OR ASSIST THE RECOVERY OF SUCH PERSONS IN SUCH CASES BUT ARE NOT READILY AVAILABLE TO THEM FROM OTHER SOURCES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year and holds unrestricted reserves of £2,505,813. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity is self-funding and does not rely on external funding sources.
What the accounts disclose
“The Trustees ensure that there are sufficient reserves to meet the working capital and cash flow requirements of the Charity.” — page 4
“Included within governance costs is £1,746 (2024 - £1,722) paid to Nichol Goodwill Brown Ltd in respect of accountancy and additional administration services. D Nichol, honorary treasurer and trustee, is a director of that company.” — page 16
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Investing charity funds policy and procedures
- Investment
- Paying staff
- 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
Trustees
- Brian Steward
- Derek Nichol
- Gavin Stewart
- IAN HAY
- MARGARET ABBOTT
- Michael Brandrith
- Philip Stephenson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £76k | £30k |
| 31/03/2024 | £81k | £51k |
| 31/03/2023 | £70k | £36k |
| 31/03/2022 | £70k | £46k |
| 31/03/2021 | £68k | £56k |
Common questions
Is THE CHARLTON BEQUEST AND DISPENSARY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year and holds unrestricted reserves of £2,505,813. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity is self-funding and does not rely on external funding sources. Its FY2025 accounts were independently examined.
Charities like this
- TROTTER'S CHARITY
- STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY
- OSBALDESTON TRUST
- THE PRESTON TRUST HOMES CHARITY
- THE CHARITY OF SIR THOMAS AND LADY KYTSON
- SWINNERTON TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CHARLTON BEQUEST AND DISPENSARY TRUST | £76k | — | 0 | above | — | no doubt |
| TROTTER'S CHARITY | £41k | — | — | unclear | — | no doubt |
| STEVENTON ALLOTMENTS AND RELIEF IN NEED CHARITY | £151k | — | 0 | unclear | — | no doubt |
| OSBALDESTON TRUST | £68k | — | 0 | unclear | — | no doubt |
| THE PRESTON TRUST HOMES CHARITY | £183k | — | 0 | above | — | no doubt |
| THE CHARITY OF SIR THOMAS AND LADY KYTSON | £44k | — | 0 | unclear | — | no doubt |