THE GEORGE GIBSON ALMSHOUSES FOUNDATION TRUST

Registered charity 1176924 · accounts filings on the Charity Commission register

For the public benefit to relieve the need of persons resident in Newmarket and the surrounding areas who are 55 years or over and in need of financial support and assistance with the provision of healthcare and housing

Causes: General Charitable Purposes · Grant history (this charity is a funder) · Get email alerts

Latest income

£438k

Latest spending

£473k

Registered

2018

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds decreased slightly to £13,814,487 due to a net loss on investments, resulting in a deficit on operating activities of £35,572. The charity holds significant unrestricted reserves of £155,684 in its general fund and maintains a large investment portfolio valued at over £12.3 million to generate future income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Largest income source: Investments (84% of income)

“Investment income from stock market holdings decreased significantly to £366,870” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: cover each year’s total expenditure from income generated (held: £156k)

“It is the Foundation’s policy to aim to cover each year’s total expenditure from income generated, which has not been achieved this year.” — page 7

Per its FY2025 accounts as filed with the Charity Commission.

Related-party transaction: Professional fees paid to Edmondson Hall Solicitors, where one trustee was a consultant and another a partner.

“During the year professional fees of £4,050 (2024: £8,687) were paid to Edmondson Hall Solicitors, of which MJ Drake was a consultant and Mrs D Hargreaves a partner. At the year end £Nil (2024: £Nil) was outstanding. There were no other related party transactions with any trustees in either year. No other trustee received any remuneration or had any expenses reimbursed in either year.” — page 22

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Chater Allan LLP. Discloses 3 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 31/03/2024)

Total income

£528k

Total spending

£487k

Cost of raising funds

£69k

Reserves (reported)

£13.9m

Employees

Per its annual return, largest income source: Investments (80% 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: 13.0% of total income — in the top quarter for charities its size (median 2.9%) (benchmarks).

Register events

Received assets from another charity (03/08/2021) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

ROY MAYchair · trustee of 2 other charities
Deborah Stacey Hargreaves
Dr MALINI WACE
Edward Francis Harman Russell · trustee of 1 other charity
MICHAEL JOHN DRAKE
MICHAEL LESLIE LOVEGROVE
Mary Alice Elizabeth East
Professor SIDNEY WILLIAM RICKETTS

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

Operates in: Cambridgeshire · Suffolk

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?

Per its FY2025 accounts: The accounts state that total funds decreased slightly to £13,814,487 due to a net loss on investments, resulting in a deficit on operating activities of £35,572. The charity holds significant unrestricted reserves of £155,684 in its general fund and maintains a large investment portfolio valued at over £12.3 million to generate future income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Chater Allan LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
THE EDWARD CADBURY CHARITABLE TRUST	2	£19k
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST	1	£134k
CHRIST CHURCH MAYFAIR	1	£110k
JOHN SWIRE 1989 CHARITABLE TRUST	1	£67k
THE FRANCIS WINHAM FOUNDATION	1	£31k
THE MERCERS CHARITABLE FOUNDATION	1	£15k
COVENTRY CHURCH (MUNICIPAL) CHARITIES	1	£14k
THE HOBSON CHARITY LIMITED	1	£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SIR ROBERT GEFFERY'S ALMSHOUSE TRUST.

SIR ROBERT GEFFERY'S ALMSHOUSE TRUST income £2.9m
THE GEORGE WOOFINDIN ALMSHOUSES income £161k
WESTMINSTER ALMSHOUSES FOUNDATION income £840k
AMY LOUISA ROBINSON CHARITY income £125k
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY income £519k
THE JAMES LLOYD ALMSHOUSES income £233k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
THE GEORGE GIBSON ALMSHOUSES FOUNDATION TRUST	£438k	—	—	unclear	—	no doubt
SIR ROBERT GEFFERY'S ALMSHOUSE TRUST FY2025	£2.9m	—	0	unclear	—	no doubt
THE GEORGE WOOFINDIN ALMSHOUSES FY2025	£161k	—	0	unclear	—	no doubt
WESTMINSTER ALMSHOUSES FOUNDATION FY2025	£840k	—	0	above	—	no doubt
AMY LOUISA ROBINSON CHARITY FY2025	£125k	—	0	above	—	no doubt
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY FY2025	£519k	—	0	above	—	no doubt

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