WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY

Registered charity 1116355 · accounts filings on the Charity Commission register

The Charity provides sheltered housing for older people from Walthamstow or Chingford in the London Borough of Waltham Forest. The Charity also makes grants.Grant making falls broadly into two categories; relief in need and grants to other charitable organisations or institutions sharing similar objectives to the Charity. The recipients of grants must reside within Walthamstow or Chingford.

Objects

(A) THE PROVISION OF ALMSHOUSES FOR BENEFICIARIES WHO HAVE BEEN RESIDENT IN THE AREA OF BENEFIT FOR ONE YEAR IMMEDIATELY PRIOR TO APPOINTMENT, OR FOR FIVE CONSECUTIVE YEARS AT ANY TIME PRIOR TO APPOINTMENT;(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS OF THOSE ALMSHOUSES AS THE TRUSTEES DECIDE;(C) THE RELIEF OF PERSONS IN CONDITIONS OF FINANCIAL NEED IN THE AREA OF BENEFIT IN SUCH MANNER AS THE TRUSTEES THINK FIT.(2) THE LAND IDENTIFIED IN PART 4 OF THE SCHEDULE TO THIS SCHEME MUST BE RETAINED BY THE TRUSTEES FOR USE FOR THE OBJECTS OF THE CHARITY.

Area of benefit: NOT DEFINED. IN PRACTICE. WALTHAMSTOW AND CHINGFORD

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Waltham Forest, London, England (from the postcode on the register)

Latest income
£1.2m
Latest spending
£1.5m
Registered
2006
Accounts read
FY2026

Financial health, per its FY2026 accounts

The accounts state that total income decreased to £1,242,107 from £1,289,087 in the prior year, while total expenditure increased significantly to £1,478,547 due to extraordinary repair works and increased grant spending. Despite this operational deficit, the charity reported unrealised investment gains of £1,110,479, resulting in a net movement in funds of £773,789 and total unrestricted reserves of £14,405,975. The trustees confirm the charity has adequate resources to continue as a going concern and maintains a reserves policy target of £900,000.

Automated summary of the FY2026 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £70,001 - £80,000 — above the median for charities its size (£70k)
“In the band £70,001 - £80,000 1 -” — page 29
Per its FY2026 accounts as filed with the Charity Commission.
Largest income source: Investments
“Investments 4 552,766 570 - 553,336 577,483” — page 18
Per its FY2026 accounts as filed with the Charity Commission.
Reserves policy: free reserves of £900,000 should be retained, which equates to approximately one year’s usual expenditure (reserves figure: £14.4m)
“The Trustee has reviewed the reserves policy and has concluded that free reserves of £900,000 should be retained, which equates to approximately one year’s usual expenditure.” — page 10
Per its FY2026 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 5 of 6 completeness components.

Year-over-year changes

Comparing this charity’s FY2025 and FY2026 accounts as analysed by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/03/2026

  • Employees paid over £60,000: 1 (£70,001–£80,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2025

  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)
  • Has a trading subsidiary

Self-declared on the annual return for the financial year ending 31/03/2024

  • Employees paid over £60,000: 1 (£80,001–£90,000: 1)
  • Has a trading subsidiary

Source: this charity’s annual returns on the Charity Commission register.

Corporate structure

WALTHAMSTOW ALMSHOUSE DEVELOPMENT COMPANY LTD — per its own Companies House accounts
  • Turnover: £26.0m
  • Profit before tax: £-1.6m

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Structured financials (annual return, FY ending 31/03/2026)

Total income
£1.2m
Total spending
£1.5m
Cost of raising funds
£78k
Reserves (reported)
£900k
Employees
7

Reported reserves equal ~7.3 months of spending — above the median for charities its size (median 4.7 months; benchmarks).

Per its annual return, largest income source: Charitable activities (55% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 6.3% of total income — above the median for charities its size (5.3%) (benchmarks).

Trustees · trustee networks

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

Operates in: Waltham Forest

Income and spending

Financial year endIncomeSpending
31/03/2026£1.2m£1.5m
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

Common questions

Is WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY financially healthy?

Per its FY2026 accounts: The accounts state that total income decreased to £1,242,107 from £1,289,087 in the prior year, while total expenditure increased significantly to £1,478,547 due to extraordinary repair works and increased grant spending. Despite this operational deficit, the charity reported unrealised investment gains of £1,110,479, resulting in a net movement in funds of £773,789 and total unrestricted reserves of £14,405,975. The trustees confirm the charity has adequate resources to continue as a going concern and maintains a reserves policy target of £900,000. Its FY2026 accounts were audited by Kreston Reeves Audit LLP.

What does the highest-paid employee of WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY earn?

Per its FY2026 accounts, the highest-paid employee was in the £70,001 - £80,000 band.

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ST MARTIN-IN-THE-FIELDS ALMSHOUSE CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY£1.2m£70,001 - £80,000—unclear—no doubt
ST MARTIN-IN-THE-FIELDS ALMSHOUSE CHARITY FY2026£261k——unclear—no doubt
PLUMSTEAD ALMSHOUSES FY2025£132k——unclear—no doubt
ALVECHURCH ALMSHOUSE CHARITY FY2024£61k—0unclear0.0%no doubt
THE CHARTERHOUSE FY2025£327k—0unclear—no doubt
THE POWELL AND WELCH ALMSHOUSE CHARITY FY2025£55k—0unclear—no doubt

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