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WORCESTER MUNICIPAL CHARITIES (CIO)

Registered charity 1166931 · accounts filings on the Charity Commission register

Helping Worcester City people in financial need by providing grants of essential items or services not provided for by the state. Assisting organisations who help Worcester City people in need. Provision of affordable social housing in Worcester City. The promotion of Education to those in need from the City of Worcester the Parishes of Powick, Bransford, Rushwick and the Ancient Parish of Leigh.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.4m
Latest spending
£1.4m
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure of £667,099 for the year, driven by significant refurbishment costs and high maintenance expenses for its property portfolio. While total net assets increased to £15,377,836 due to property revaluations, the trustees report that free reserves are below their stated policy target of three months' expenditure, with free reserves amounting to £354,549 against a policy target implied by the annual expenditure of over £1.4 million.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £355k; policy: three months of unrestricted expenditure)
“Free reserves after making allowances for tangible fixed assets and investment properties amounted to £354,549 (2024 £224,104). The Trustees' reserves policy is to maintain free reserves equivalent to approximately three months' expenditure” — page 22
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent-free offices and management fees
“The Charity provided rent-free offices with an estimated rental value of £50,000 (2024: £50,000) to Citizens Advice Worcester and was also charged by them 2.5% of licence payments in respect of management fees for managing the Charity's social housing. The charity also provided grants of £194,769 (2024: £205,865) to Citizens Advice Worcester towards its running costs. Paul Griffith, was a trustee of this charity during the year and of Citizens Advice Worcester. Geraint Thomas is a trustee of this Charity and employee of Citizens Advice Worcester.” — page 57
“The Charity provided rent-free offices, a day centre and "free clothes" store with estimated rental values of £24,000 (2024 - £24,000) and also made a grant of £26,408 (2024: £35,211) to Maggs Day Centre. Sue Osborne and Clive Skidmore were Trustees of this charity and of Maggs Day Centre during the year.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent-free premises and grant
“The Charity provided rent-free offices with an estimated rental value of £50,000 (2024: £50,000) to Citizens Advice Worcester and was also charged by them 2.5% of licence payments in respect of management fees for managing the Charity's social housing. The charity also provided grants of £194,769 (2024: £205,865) to Citizens Advice Worcester towards its running costs. Paul Griffith, was a trustee of this charity during the year and of Citizens Advice Worcester. Geraint Thomas is a trustee of this Charity and employee of Citizens Advice Worcester.” — page 57
“The Charity provided rent-free offices, a day centre and "free clothes" store with estimated rental values of £24,000 (2024 - £24,000) and also made a grant of £26,408 (2024: £35,211) to Maggs Day Centre. Sue Osborne and Clive Skidmore were Trustees of this charity and of Maggs Day Centre during the year.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Lease premium and grant
“The Charity provided rent-free offices with an estimated rental value of £50,000 (2024: £50,000) to Citizens Advice Worcester and was also charged by them 2.5% of licence payments in respect of management fees for managing the Charity's social housing. The charity also provided grants of £194,769 (2024: £205,865) to Citizens Advice Worcester towards its running costs. Paul Griffith, was a trustee of this charity during the year and of Citizens Advice Worcester. Geraint Thomas is a trustee of this Charity and employee of Citizens Advice Worcester.” — page 57
“The Charity provided rent-free offices, a day centre and "free clothes" store with estimated rental values of £24,000 (2024 - £24,000) and also made a grant of £26,408 (2024: £35,211) to Maggs Day Centre. Sue Osborne and Clive Skidmore were Trustees of this charity and of Maggs Day Centre during the year.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Rent-free museum and grant
“The Charity provided rent-free offices with an estimated rental value of £50,000 (2024: £50,000) to Citizens Advice Worcester and was also charged by them 2.5% of licence payments in respect of management fees for managing the Charity's social housing. The charity also provided grants of £194,769 (2024: £205,865) to Citizens Advice Worcester towards its running costs. Paul Griffith, was a trustee of this charity during the year and of Citizens Advice Worcester. Geraint Thomas is a trustee of this Charity and employee of Citizens Advice Worcester.” — page 57
“The Charity provided rent-free offices, a day centre and "free clothes" store with estimated rental values of £24,000 (2024 - £24,000) and also made a grant of £26,408 (2024: £35,211) to Maggs Day Centre. Sue Osborne and Clive Skidmore were Trustees of this charity and of Maggs Day Centre during the year.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant to John Palmer
“The Charity provided rent-free offices with an estimated rental value of £50,000 (2024: £50,000) to Citizens Advice Worcester and was also charged by them 2.5% of licence payments in respect of management fees for managing the Charity's social housing. The charity also provided grants of £194,769 (2024: £205,865) to Citizens Advice Worcester towards its running costs. Paul Griffith, was a trustee of this charity during the year and of Citizens Advice Worcester. Geraint Thomas is a trustee of this Charity and employee of Citizens Advice Worcester.” — page 57
“The Charity provided rent-free offices, a day centre and "free clothes" store with estimated rental values of £24,000 (2024 - £24,000) and also made a grant of £26,408 (2024: £35,211) to Maggs Day Centre. Sue Osborne and Clive Skidmore were Trustees of this charity and of Maggs Day Centre during the year.” — page 57
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kendall Wadley LLP. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

27 registered titles in England and Wales held by the charity’s company or corporate body (21 freehold); recorded price paid £687k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£1.4m
Total spending
£1.4m
Cost of raising funds
£404
Reserves (reported)
£355k
Employees
5

Reported reserves equal ~3.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (89% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Worcestershire

Income and spending

Financial year endIncomeSpending
31/12/2025£1.4m£1.4m
31/12/2024£1.4m£1.6m
31/12/2023£1.4m£1.5m
31/12/2022£1.4m£1.5m
31/12/2021£1.5m£1.3m

Common questions

Is WORCESTER MUNICIPAL CHARITIES (CIO) financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £667,099 for the year, driven by significant refurbishment costs and high maintenance expenses for its property portfolio. While total net assets increased to £15,377,836 due to property revaluations, the trustees report that free reserves are below their stated policy target of three months' expenditure, with free reserves amounting to £354,549 against a policy target implied by the annual expenditure of over £1.4 million. Its FY2025 accounts were audited by Kendall Wadley LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CITY CHURCH WORCESTER.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
WORCESTER MUNICIPAL CHARITIES (CIO)£1.4m—0below—no doubt
CITY CHURCH WORCESTER FY2025£196k—0above—no doubt
WORCESTER DIOCESAN BOARD OF FINANCE LIMITED FY2024£10.6mabove £60,0003above—no doubt
WORCESTER CHRISTIAN EDUCATION TRUST FY2025£925k—0above—no doubt
THE HOPMARKET CHARITY FY2025£212k—0unclear—noted
THE HARBORNE PARISH LANDS CHARITY FY2025£2.0mmore than £60,0002above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.