CORFE CASTLE CHARITY
Provides almshouse accommodation and affordable housing in Corfe Castle VillageGrants and loans for education, sickness and disability, hardshipGrants to local organisationsArea of benefit is the civil parish of Corfe Castle
Financial health, per its FY2025 accounts
The accounts state that the charity held total funds of £4,407,982 at the year end, with unrestricted funds of £2,995,517. The trustees report that free reserves, excluding those invested in property, were £1,040,050, which they consider sufficient to maintain the standard of social housing and undertake planned activities. The charity reported a net income of £105,363 for the year, despite investment losses, and the auditor confirmed the use of the going concern basis of accounting was appropriate.
What the accounts disclose
“The Trustees recognise their responsibility to utilise income as it is earned and not generate unnecessary reserves, but consider it necessary to retain sufficient funds to ensure that they are able to undertake their planned charitable activities and maintain the standard of the Charity's social housing.” — page 5
“During the year two grants of £2,000 each were paid to relatives of a trustee and the clerk. (In 2024 two grants of £2,000 each were paid to relatives of a trustee and the clerk.)” — page 16
Register events
- Received assets from another charity (05/11/2013)
Trustees
- John Edward Coverdalechair
- Catherine Bennett
- GILLIAN MARY SELLEN
- Jonathan Hertslet Lawrence Phillips
- Kate Elizabeth Anson
- MAJOR MICHAEL JOHN ASHLEY BOND
- NIGEL DRAGON
- Oliver Keith Batchelor
- Rev Richard White
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £362k | £257k |
| 31/03/2024 | £349k | £263k |
| 31/03/2023 | £331k | £246k |
| 31/03/2022 | £303k | £252k |
| 31/03/2021 | £284k | £227k |
Common questions
Is CORFE CASTLE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total funds of £4,407,982 at the year end, with unrestricted funds of £2,995,517. The trustees report that free reserves, excluding those invested in property, were £1,040,050, which they consider sufficient to maintain the standard of social housing and undertake planned activities. The charity reported a net income of £105,363 for the year, despite investment losses, and the auditor confirmed the use of the going concern basis of accounting was appropriate. Its FY2025 accounts were audited by Fletcher & Partners.
Charities like this
- CASTLE PARK TRUST
- ST JOHN'S LICHFIELD
- ARUNDEL CASTLE TRUSTEES LIMITED
- PEMBROKE CASTLE TRUST
- CASTLE HOUSE SCHOOL TRUST LIMITED
- THE CUTBUSH AND CORRALL CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CORFE CASTLE CHARITY | £362k | — | 0 | above | — | no doubt |
| CASTLE PARK TRUST | £164k | — | 0 | above | — | no doubt |
| ST JOHN'S LICHFIELD | £538k | — | 0 | above | — | no doubt |
| ARUNDEL CASTLE TRUSTEES LIMITED | £5.7m | — | — | unclear | — | no doubt |
| PEMBROKE CASTLE TRUST | £1.5m | — | 0 | above | — | no doubt |
| CASTLE HOUSE SCHOOL TRUST LIMITED | £1.4m | — | — | unclear | — | no doubt |