CALEB LOVEJOY'S ALMSHOUSE CHARITY
AN ALMSHOUSE CHARITY FOUNDED IN THE 17TH CENTURY BY CALEB LOVEJOY, A WEALTHY MERCHANT. THE PRINCIPAL OBJECT OF THE CHARITY IS TO PROVIDE ACCOMMODATION FOR FOUR PERSONS OF GOOD CHARACTER, AND IN NEED. THE CHARITY OWNS AND MANAGES FOUR GRADE II LISTED COTTAGES IN GUILDFORD.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £143,459 for the year ended 31 December 2025, driven largely by £115,000 in exceptional right-of-light compensation. Per the trustees' report, unrestricted reserves held for general building repairs and maintenance totalled £123,052, with additional designated funds for cyclical and extraordinary repairs. The charity maintains a going concern status with no material uncertainties identified regarding its ability to continue operations.
What the accounts disclose
“TOTAL INCOME 47,458 115,000 162,458 47,631” — page 10
“The Charity’s reserves were held against possible future expenditure in accordance with Almshouse Association policy” — page 5
Trustees
- Jennie Wisker
- Keith Hannah
- Michael Frank Chastell
- Philip Hooper
- Rev Neil Roberts
- Roger Musson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £58k | £29k |
| 31/12/2024 | £51k | £34k |
| 31/12/2023 | £94k | £32k |
| 31/12/2022 | £45k | £44k |
| 31/12/2021 | £43k | £25k |
Common questions
Is CALEB LOVEJOY'S ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £143,459 for the year ended 31 December 2025, driven largely by £115,000 in exceptional right-of-light compensation. Per the trustees' report, unrestricted reserves held for general building repairs and maintenance totalled £123,052, with additional designated funds for cyclical and extraordinary repairs. The charity maintains a going concern status with no material uncertainties identified regarding its ability to continue operations. Its FY2025 accounts were independently examined.