THE GEORGE GIBSON ALMSHOUSES FOUNDATION TRUST
Financial health, per its FY2023 accounts
The accounts state that total funds decreased slightly to £13,406,162 from £13,471,001 in the prior year, driven by an investment loss of £204,129 which offset a surplus on operations. The charity holds significant unrestricted reserves and cash, with the trustees confirming there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (03/08/2021)
Trustees
- ROY MAYchair
- Deborah Stacey Hargreaves
- Dr MALINI WACE
- Edward Francis Harman Russell
- MICHAEL JOHN DRAKE
- MICHAEL LESLIE LOVEGROVE
- Mary Alice Elizabeth East
- Professor SIDNEY WILLIAM RICKETTS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £438k | £473k |
| 31/03/2024 | £528k | £487k |
| 31/03/2023 | £525k | £386k |
| 31/03/2022 | £699k | £465k |
| 31/03/2021 | £380k | £451k |
Common questions
Is THE GEORGE GIBSON ALMSHOUSES FOUNDATION TRUST financially healthy?
The accounts state that total funds decreased slightly to £13,406,162 from £13,471,001 in the prior year, driven by an investment loss of £204,129 which offset a surplus on operations. The charity holds significant unrestricted reserves and cash, with the trustees confirming there are no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Chater Allan LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| SIR ROBERT GEFFERY'S ALMSHOUSE TRUST | 1 | £134k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £21k |
| COVENTRY CHURCH (MUNICIPAL) CHARITIES | 1 | £14k |
| THE WILLIAM DELAFIELD CHARITABLE TRUST | 1 | £10k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
| ANSON CHARITABLE TRUST | 1 | £2k |
| LILIAN FRANCES HIND BEQUEST (TRUSTEES OF LADY HIND) | 1 | £1k |