SHREWSBURY DRAPERS HOLY CROSS LIMITED

Registered charity 1132671 · accounts filings on the Charity Commission register

Management as a registered social landlord of 51 Almshouses in Shrewsbury and Newport (Shrops) owned by the linked/subsidiary charity Shrewsbury Drapers Company Charity (1132671-1).

Causes: Accommodation/housing · website · Get email alerts

Latest income
£373k
Latest spending
£299k
Registered
2009
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £73,981 for the year ended 31 December 2024, with total net assets increasing to £4,114,255. Free reserves were £584,015, which the Board notes is above the minimum level required to reflect the property folio and mortgage liability. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: Trustee director service
“During the year, the charitable company incurred expenditure of £43,674 to the Almhouse Consortium (Fairford Place Project) for which a trustee is a director under the terms of the funding. There were no balances outstanding as at year end.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by WR Partners. Discloses 4 of 6 completeness components.

Corporate structure

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.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Trustees · trustee networks

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

Operates in: Powys · Shropshire

Income and spending

Financial year endIncomeSpending
31/12/2024£373k£299k
31/12/2023£302k£290k
31/12/2022£286k£446k
31/12/2021£422k£280k
31/12/2020£289k£293k

Common questions

Is SHREWSBURY DRAPERS HOLY CROSS LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £73,981 for the year ended 31 December 2024, with total net assets increasing to £4,114,255. Free reserves were £584,015, which the Board notes is above the minimum level required to reflect the property folio and mortgage liability. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by WR Partners.