THETFORD MUNICIPAL AND UNITED ALMSHOUSE CHARITY
Provision & maintenance of almshouses
Objects
FOR THE BENEFIT OF THE RESIDENTS IN THE ALMSHOUSES OF THE CHARITY OR ANY OF THEM IN SUCH MANNER AS THE TRUSTEES THINK FIT FROM TIME TO TIME.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £688.66 for the year ended 31 December 2024, with total receipts of £25,672.89 against payments of £24,984.23. The charity holds unrestricted reserves of £23,657.86, which the trustees describe as 'considerable' and invested through a firm recommended by The Almshouse Association. The independent examiner confirmed there are no concerns with the accounts and underlying records, indicating stable financial health.
What the accounts disclose
“The charities have considerable reserves which invested by a firm recommended by The Almshouse Association.” — page 5
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £11k |
| 31/12/2023 | £26k | £25k |
| 31/12/2022 | £26k | £46k |
| 31/12/2021 | £27k | £11k |
| 31/12/2020 | £26k | £39k |
Common questions
Is THETFORD MUNICIPAL AND UNITED ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus of £688.66 for the year ended 31 December 2024, with total receipts of £25,672.89 against payments of £24,984.23. The charity holds unrestricted reserves of £23,657.86, which the trustees describe as 'considerable' and invested through a firm recommended by The Almshouse Association. The independent examiner confirmed there are no concerns with the accounts and underlying records, indicating stable financial health. Its FY2024 accounts were independently examined.
Charities like this
- MARGARET OGILVIE ALMSHOUSE CHARITY
- THE BERWICK ALMSHOUSE CHARITY
- THE ALMSHOUSE CHARITY OF SIR EDMUND WRIGHT CREWE AND OTHERS
- ANN SMYTHS ALMSHOUSES, OTHERWISE KNOWN AS ST MARY ELMS ALMSHOUSES
- MERTON UNITED CHARITIES
- THOMAS FRYER ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THETFORD MUNICIPAL AND UNITED ALMSHOUSE CHARITY | £28k | — | 0 | unclear | — | no doubt |
| MARGARET OGILVIE ALMSHOUSE CHARITY | £27k | — | 0 | unclear | — | no doubt |
| THE BERWICK ALMSHOUSE CHARITY | £61k | — | 0 | unclear | — | no doubt |
| THE ALMSHOUSE CHARITY OF SIR EDMUND WRIGHT CREWE AND OTHERS | £166k | — | 0 | unclear | — | no doubt |
| ANN SMYTHS ALMSHOUSES, OTHERWISE KNOWN AS ST MARY ELMS ALMSHOUSES | £43k | — | 0 | unclear | — | no doubt |
| MERTON UNITED CHARITIES | £48k | — | 0 | unclear | — | no doubt |