WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY
Financial health, per its FY2024 accounts
The accounts state that the charity's free reserves are represented by net assets of £1,045,688 as at 31 March 2024. The trustees have assessed the charity's ability to continue as a going concern and the auditors found no material uncertainties regarding its future operations. The charity operates a defined contribution pension scheme with a cost charge of £11,849 for the year.
What the accounts disclose
“S Kearns, the husband of J Kearns, is a Board Member of Christian Kitchen. In 2023 the Charity paid amounts totalling £16,191 (2023: £5,978). At the balance sheet date amounts due to the Charity were £2,147 (2023: £908). The Directors concerned in the above transactions were not involved in the decision making process relating to these awards.” — page 39
“J J C Moss, a Director of the Trustee Company, is an elected official of LB Waltham Forest. Debtors include a further £4,375 that will be receivable when the retention on Colby Lodge is paid (2023: £4,375). The charity was also owed £11 at year end (2023: £16).” — page 39
“S Kearns, the husband of J Kearns, is a Board Member of Christian Kitchen. In 2023 the Charity paid amounts totalling £16,191 (2023: £5,978). At the balance sheet date amounts due to the Charity were £2,147 (2023: £908). The Directors concerned in the above transactions were not involved in the decision making process relating to these awards.” — page 39
“J J C Moss, a Director of the Trustee Company, is an elected official of LB Waltham Forest. Debtors include a further £4,375 that will be receivable when the retention on Colby Lodge is paid (2023: £4,375). The charity was also owed £11 at year end (2023: £16).” — page 39
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Andrew Rich
- Anthony Moore
- Christine Rampton
- Colette McCann
- Helen Tredoux
- Jackie Kearns
- John Moss
- Paul Williams
- Sharon Waldron
- Sheila Smith Pryor
- Shenise Adam
- Surinder MacNulty
- Terry Wheeler
- Vanessa Conant
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.1m |
| 31/03/2024 | £1.2m | £1.1m |
| 31/03/2023 | £1.0m | £899k |
| 31/03/2022 | £989k | £708k |
| 31/03/2021 | £964k | £705k |
Common questions
Is WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY financially healthy?
The accounts state that the charity's free reserves are represented by net assets of £1,045,688 as at 31 March 2024. The trustees have assessed the charity's ability to continue as a going concern and the auditors found no material uncertainties regarding its future operations. The charity operates a defined contribution pension scheme with a cost charge of £11,849 for the year. Its FY2024 accounts were audited by Kreston Reeves LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |