EMERY DOWN ALMSHOUSES
The provision of Almshouses in the parish of Emery Down and Bank for the relief of those in need of affordable accommodation.
Objects
(1) THE PROVISION OF ALMSHOUSE ACCOMMODATION TO THE AGED OR OTHER DESERVINGPERSONS IN ACCORDANCE WITH A FAIR AND LAWFUL PROCESS AS DETERMINED BY THETRUSTEES FROM TIME TO TIME; AND(2) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF ALL OR ANY OF THE RESIDENTS OF THEALMSHOUSES AS THE CHARITY TRUSTEES DECIDE.
Financial health, per its FY2024 accounts
The accounts state that the charity's net income for the year was £17,996, derived primarily from weekly maintenance contributions and investment dividends. Total charity funds stood at £72,143, comprising £57,869 in investment assets and £14,274 in cash, against a Charity Bank loan liability of £87,850. The trustees report that income and expenditure were in line with budget and that the going concern basis is appropriate.
What the accounts disclose
“The main source of the Charities income is the weekly maintenance contribution (wmc) received from the occupants of the cottages” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
Register events
- Received assets from another charity (10/09/2024)
Trustees
- Dr Victoria Mary Edwards OBEchair
- MISS SARA HALL MBE
- Mark Stephen Gammon
- Sandra Rae Ramsey
- Sian Rachel Davies
- Simon Tidby
- Stewart Lindsay Walker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £38k | £20k |
| 31/12/2023 | £33k | £18k |
| 31/12/2022 | £35k | £32k |
| 31/12/2021 | £34k | £12k |
| 31/12/2020 | £31k | £14k |
Common questions
Is EMERY DOWN ALMSHOUSES financially healthy?
Per its FY2024 accounts: The accounts state that the charity's net income for the year was £17,996, derived primarily from weekly maintenance contributions and investment dividends. Total charity funds stood at £72,143, comprising £57,869 in investment assets and £14,274 in cash, against a Charity Bank loan liability of £87,850. The trustees report that income and expenditure were in line with budget and that the going concern basis is appropriate. Its FY2024 accounts were independently examined.