MAYNARD AND COTTON'S HOSPITAL
to provide accommodation for twelve residents in almshouse unites together with the provision of utility services for these dwellings. The criteria for residency is that the applicants must be of modest means and to live or work in the area administered by Canterbury City Council or, who in the opinion of the trustees, have strong links to this area.
Objects
THE RELIEF OF FINANCIAL HARDSHIP AMONG PEOPLE LIVING OR WORKING WITHIN THE AREA ADMINISTERED BY CANTERBURY CITY COUNCIL IN THE COUNTY OF KENT, OR WHO IN THE OPINION OF THE TRUSTEES HAVE STRONG LINKS TO THIS AREA, IN PARTICULAR, BY PROVIDING SUCH PERSONS WITH ALMSHOUSE ACCOMMODATION AND FINANCIAL SUPPORT THROUGH THE PROVISION OF UTILITIES WHICH THEY COULD NOT OTHERWISE AFFORD THROUGH LACK OF MEANS.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,930,871, an increase from the previous year's £1,891,251. The charity reported a small operating deficit of £594 before investment revaluations, which were offset by net gains on investments of £40,214. Trustees confirmed adequate resources are available to meet obligations for at least the next twelve months.
What the accounts disclose
“Residents' Accomodation 59,005” — page 7
“Reserves are maintained to help finance the maintenance and repair of the almshouses for the ongoing benefit of the residents.” — page 3
“Included in Creditors amounts falling due within one year is £13,675 (2023 £13,675) which was payable to the Charity, Canterbury United Municipal Charities. The Trustees are also Trustees of this Charity.” — page 16
Policies the charity declares
- 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
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- Kristina Denys Amoschair
- Andrew Gilbert Webster FCA DChA
- CLIVE GRAHAM BOWLEY
- Christopher Joslin Palmer
- Jennifer Forster
- Rev Brian McHenry CBE
- Ruth Harrison Sibson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £89k | £90k |
| 31/12/2023 | £90k | £90k |
| 31/12/2022 | £66k | £58k |
| 31/12/2021 | £79k | £53k |
| 31/12/2020 | £85k | £54k |
Common questions
Is MAYNARD AND COTTON'S HOSPITAL financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,930,871, an increase from the previous year's £1,891,251. The charity reported a small operating deficit of £594 before investment revaluations, which were offset by net gains on investments of £40,214. Trustees confirmed adequate resources are available to meet obligations for at least the next twelve months. Its FY2024 accounts were independently examined.