THE MELKSHAM ALMSHOUSES CHARITIES
The provision of almshouse accomodation to benefit persons over the age of 50 who are in financial hardship.
Objects
THE OBJECTS OF THE CIO ARE FOR THE PUBLIC BENEFIT:(1) THE PROVISION OF ALMSHOUSE ACCOMMODATION IN THE PROPERTY KNOWN AS THE FOWLER ALMSHOUSES, MELKSHAM, WILTSHIRE FOR THE BENEFIT OF PERSONS OVER 50 YEARS OF AGE WHO ARE IN NEED OR FINANCIAL HARDSHIP AND LIVING IN OR NEAR THE DISTRICTS OF MELKSHAM TOWN COUNCIL AND MELKSHAM WITHOUT PARISH COUNCIL ("THE AREA OF BENEFIT"); (2) SUCH CHARITABLE PURPOSES (A) FOR THE GENERAL BENEFIT OF THE POOR IN THE AREA OF BENEFIT ; OR (B) WHICH ARE BENEFICIAL TO THE INHABITANTS OF THE AREA OF BENEFIT AS THE TRUSTEES DECIDE.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £5,520 for the year, resulting in a decrease in total net assets from £494,365 to £488,846. Despite this deficit, the trustees consider the charity financially secure, noting that free reserves of £96,714 are comfortably in excess of their policy target of six months' recurring overhead expenditure.
What the accounts disclose
“The Trustees have decided that the free reserves held should continue to equate to at least six months’ recurring overhead expenditure in order to ensure the continuity of operations in case of unforeseen events.” — page 6
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (08/04/2015)
- Received assets from another charity (08/04/2015)
- Received assets from another charity (08/04/2015)
- Received assets from another charity (08/04/2015)
- Received assets from another charity (08/04/2015)
- Received assets from another charity (08/04/2015)
Trustees
- PATRICIA ANN AVESchair
- Adrienne Westbrook
- Anne Sullivan
- CAROLINE ANDREWES
- PHILIP JOHN DOEL
- ROBERT SHEA-SIMONDS
- Rev CHARLES THOMSON
- SAFFI RABEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £34k | £47k |
| 31/12/2023 | £33k | £63k |
| 31/12/2022 | £34k | £36k |
| 31/12/2021 | £33k | £32k |
| 31/12/2020 | £30k | £40k |
Common questions
Is THE MELKSHAM ALMSHOUSES CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £5,520 for the year, resulting in a decrease in total net assets from £494,365 to £488,846. Despite this deficit, the trustees consider the charity financially secure, noting that free reserves of £96,714 are comfortably in excess of their policy target of six months' recurring overhead expenditure. Its FY2024 accounts were independently examined.