HUMPHRYS ALMSHOUSES CIO
Provides accommodation for Almspeople on low income
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £7,933 for the year ended 31 December 2024, following a deficit of £18,274 in the previous year. The trustees confirm that unrestricted reserves of £579,527 are maintained in line with their policy of holding between three and six months' expenditure. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 6
Property (HM Land Registry)
Register events
- Received assets from another charity (06/04/2020)
Trustees
- Robin Thurston Rogerschair
- ANDREA ELIZABETH VIRGO
- Dorothy Ann Foan
- Hazel Irene Thorpe
- JENNIFER CLARE BLACKIE
- Janine Michelle Patricia Hobbs
- Jodi Lilley
- Kenneth HOBBS
- Rev KATHRYN ALISON FLENLEY
- Rev Susan Foster
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £79k | £101k |
| 31/12/2023 | £72k | £110k |
| 31/12/2022 | £58k | £69k |
| 31/12/2021 | £78k | £71k |
| 31/12/2020 | £70k | £60k |
Common questions
Is HUMPHRYS ALMSHOUSES CIO financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £7,933 for the year ended 31 December 2024, following a deficit of £18,274 in the previous year. The trustees confirm that unrestricted reserves of £579,527 are maintained in line with their policy of holding between three and six months' expenditure. The filing confirms the charity is prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2024 accounts were independently examined.