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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.

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

Latest income
£1.3m
Latest spending
£1.1m
Registered
2006
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that total income increased to £1,289,087 from £1,172,804 in the prior year, while total expenditure decreased to £1,091,229 from £1,143,249. The charity reports free reserves of £908,048, which the trustees note is just below their stated target of approximately one year’s expenditure (£1,029,000). The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“In the band £60,001 - £70,000 4 -” — page 28
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Investments (45% of income)
“Investments 4 577,005 478 - 577,483 527,715” — page 18
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £908k; policy: approximately one year’s expenditure)
“Currently free reserves stand at £908,048 just below our target.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee J Kearns' husband is a Board Member of Christian Kitchen; charity paid £10,449 to this organization.
“S Kearns, the husband of J Kearns (Trustee), is a Board Member of Christian Kitchen. In 2025 the Charity paid amounts totalling £10,449 (2024: £16,191) to Christian Kitchen.” — page 39
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Walthamstow Almshouse Development Company Limited
“The Charity Trustee is sole shareholder of the Walthamstow Almshouse Development Company Ltd. The Development Company was established to undertake the development of 20 new almshouses” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

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

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.3m
Total spending
£1.1m
Cost of raising funds
£62k
Reserves (reported)
£908k
Employees
8

Reported reserves equal ~10.0 months of spending — above the median for charities its size (median 4.8 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: 4.8% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Waltham Forest

Income and spending

Financial year endIncomeSpending
31/03/2025£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?

Per its FY2025 accounts: The accounts state that total income increased to £1,289,087 from £1,172,804 in the prior year, while total expenditure decreased to £1,091,229 from £1,143,249. The charity reports free reserves of £908,048, which the trustees note is just below their stated target of approximately one year’s expenditure (£1,029,000). The auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Kreston Reeves LLP.

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

Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 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.

FunderSimilar charities fundedAmount to them
THE MERCERS CHARITABLE FOUNDATION1£66k
THE EDWARD GOSTLING FOUNDATION1£50k
CAMDEN GIVING1£20k
Army Benevolent Fund1£10k
CHARLES S FRENCH CHARITABLE TRUST1£5k
THE HOBSON CHARITY LIMITED1£5k
SIR JULES THORN CHARITABLE TRUST1£3k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CITY OF LONDON ALMSHOUSES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WALTHAMSTOW AND CHINGFORD ALMSHOUSE CHARITY£1.3m£60,001 - £70,000—below—no doubt
THE CITY OF LONDON ALMSHOUSES FY2025£480k—0above—no doubt
WALTON ON THAMES CHARITY FY2025£3.1m——above—no doubt
THE VICTORIA ALMSHOUSES FY2025£225k—0unclear—no doubt
CHELTENHAM ALMSHOUSES & AID CIO FY2025£312k—0above—no doubt
WALTHAM FOREST CHURCHES NIGHT SHELTER-WFCNS LIMITED FY2025£858k£70,001 - £80,000—unclear—no doubt

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