ST MARY MAGDALEN'S HOSPITAL ALMSHOUSE CHARITY
Provision of afforadble housing in the form of almshouses
Objects
HE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT:- 4.1) THE PROVISION OF SOCIAL HOUSING IN THE FORM OF ALMSHOUSE ACCOMMODATION AND ASSOCIATED AMENITIES FOR POOR PERSONS OF GOOD CHARACTER; AND 4.2) IN RELATION TO ANY PROPERTY OR PROPERTIES ACQUIRED OR BUILT BY THE CHARITY TRUSTEES AFTER THE DATE OF ADOPTION OF THIS CONSTITUTION, THE PROVISION OF SOCIAL HOUSING IN THE FORM OF ALMSHOUSE ACCOMMODATION AND ASSOCIATION AMENITIES FOR ANY PERSON OVER THE AGE OF 18 YEARS WHO HAS NEED OF SUCH ACCOMMODATION AS A RESULT OF HIS OR HER FINANCIAL, CIRCUMSTANCES, ILLNESS OR DISABILITY.
Financial health, per its FY2025 accounts
The charity reports total funds of £1,207,582, comprising unrestricted, restricted, and endowment funds, with a net income of £36,769 for the year. The trustees consider the financial position satisfactory and state there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves (Revenue Reserve) stood at £48,640, while designated reserves for repairs and maintenance totaled £114,837.
What the accounts disclose
“Almshouse activity 44,011” — page 7
“The Charity’s policy on reserves is to maintain sufficient reserves to enable the Charity to continue to achieve its principal objectives.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2023)
Register events
- Received assets from another charity (15/05/2025)
Trustees
- Elizabeth Bull
- Rev Anna Davis
- Sara Rosamund Scott
- Theresa Higgins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £50k | £22k |
| 31/12/2024 | £44k | £32k |
| 31/12/2023 | £1.1m | £12k |
| 31/12/2022 | £0 | £0 |
| 31/12/2021 | £0 | £0 |
Common questions
Is ST MARY MAGDALEN'S HOSPITAL ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The charity reports total funds of £1,207,582, comprising unrestricted, restricted, and endowment funds, with a net income of £36,769 for the year. The trustees consider the financial position satisfactory and state there are no material uncertainties regarding the charity's ability to continue as a going concern. Unrestricted reserves (Revenue Reserve) stood at £48,640, while designated reserves for repairs and maintenance totaled £114,837. Its FY2025 accounts were independently examined.
Charities like this
- ST MARY MAGDALEN AND ST JOHN THE BAPTIST HOSPITALS CHARITY
- ST NICHOLAS HOSPITAL
- ASHBOURNE ALMSHOUSE CHARITY
- FOTHERBY ALMSHOUSE CHARITIES
- MISS RACHEL HERBERT'S CHURCH PARSONAGE AND ALMSHOUSE CHARITIES
- MANNING AND ANDERDON ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| ST MARY MAGDALEN'S HOSPITAL ALMSHOUSE CHARITY | £50k | — | 0 | unclear | — | no doubt |
| ST MARY MAGDALEN AND ST JOHN THE BAPTIST HOSPITALS CHARITY | £109k | — | 0 | above | — | no doubt |
| ST NICHOLAS HOSPITAL | £352k | — | 0 | unclear | — | no doubt |
| ASHBOURNE ALMSHOUSE CHARITY | £294k | — | 0 | unclear | — | no doubt |
| FOTHERBY ALMSHOUSE CHARITIES | £31k | — | 0 | above | — | no doubt |
| MISS RACHEL HERBERT'S CHURCH PARSONAGE AND ALMSHOUSE CHARITIES | £39k | — | 0 | above | — | no doubt |