WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY
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.
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.
What the accounts disclose
“In the band £70,001 - £80,000 1 -” — page 29
“Investments 4 552,766 570 - 553,336 577,483” — page 18
“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
Year-over-year changes
- Top pay band moved from £60,001 - £70,000 (FY2025) to £70,001 - £80,000 (FY2026).
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
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
Corporate structure
- Registered company of the charity Companies House 06374226
- Trading subsidiary: WALTHAMSTOW ALMSHOUSE DEVELOPMENT COMPANY LTD Companies House 08393301
- Turnover: £26.0m
- Profit before tax: £-1.6m
Company officers (Companies House)
- WALDRON, Sharon on trustee list
- ADAM, Shenise on trustee list
- RAMPTON, Christine on trustee list
- WHEELER, Terrence Victor not on trustee list
- MCCANN, Colette on trustee list
- MOORE, Anthony John on trustee list
- CONANT, Vanessa Caroline, Revd on trustee list
- TREDOUX, Helen Patricia on trustee list
- KEARNS, Jacqueline Edith not on trustee list
- MACNULTY, Surinder on trustee list
- RICH, Andrew on trustee list
- MOSS, John Julian Charles on trustee list
- WILLIAMS, Paul Jonathan on trustee list
- SMITH-PRYOR, Sheila not on trustee list
Structured financials (annual return, FY ending 31/03/2026)
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 |
|---|---|---|
| 31/03/2026 | £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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Portal Trust | 1 | £35k |
| THE ANGLO-AMERICAN CHARITY LIMITED | 1 | £13k |
| THE COMPANY OF ARTS SCHOLARS CHARITABLE TRUST | 1 | £7k |
| JOSEPH LEVY FOUNDATION | 1 | £1k |
Charities like this
- ST MARTIN-IN-THE-FIELDS ALMSHOUSE CHARITY
- PLUMSTEAD ALMSHOUSES
- ALVECHURCH ALMSHOUSE CHARITY
- THE CHARTERHOUSE
- THE POWELL AND WELCH ALMSHOUSE CHARITY
- ANGIERS ALMSHOUSE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY | £1.2m | £70,001 - £80,000 | — | unclear | — | no doubt |
| ST MARTIN-IN-THE-FIELDS ALMSHOUSE CHARITY | £261k | — | — | unclear | — | no doubt |
| PLUMSTEAD ALMSHOUSES | £132k | — | — | unclear | — | no doubt |
| ALVECHURCH ALMSHOUSE CHARITY | £61k | — | 0 | unclear | 0.0% | no doubt |
| THE CHARTERHOUSE | £327k | — | 0 | unclear | — | no doubt |
| THE POWELL AND WELCH ALMSHOUSE CHARITY | £55k | — | 0 | unclear | — | no doubt |