THE WAKEFIELD ALMSHOUSES CHARITY

Registered charity 1179687 · accounts filings on the Charity Commission register

The CIO provides almshouses to people who are in need or experiencing poverty or infirmity. All the almshouses are in central Totnes, Devon

Causes: Accommodation/housing · Get email alerts

Latest income

£72k

Latest spending

£47k

Registered

2018

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that total funds increased to £1,811,280, with unrestricted funds at £1,661,280 and an endowment fund of £150,000. The charity reported a net income of £47,298 for the year, driven by charitable activities and investment gains. The trustees maintain a reserves policy focused on building funds for long-term property maintenance.

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

What the accounts disclose

Reserves policy: charges set to 80% of equivalent fair rents to build up and sustain the designated fund for long-term maintenance and improvement (held: £1.7m)

“In order to ensure that sufficient funds are built up for the long term maintenance and improvement of their properties, the trustees have adopted a policy of basing the level of the charges made to the occupants of the Almshouses on equivalent fair rents as assessed by the rents service. This level of charge has been set to 80% of the equivalent fair rents by the trustees to ensure it is adequate to build up and sustain the designated fund for the long-term maintenance and improvement of the Almshouses.” — page 3

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Property (HM Land Registry)

6 registered titlesin England and Wales held by the charity’s company or corporate body (5 freehold); recorded price paid £274k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Register events

Received assets from another charity (07/02/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

JUSTINE ANNE HOLMESchair
Dr ANDREW FRANKLAND
JANET MITCHELL · trustee of 3 other charities
MARK CHRISTOPHER MITCHELL · trustee of 2 other charities
Sue Robertson

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

Operates in: Devon

Income and spending

Financial year end	Income	Spending
31/03/2025	£72k	£47k
31/03/2024	£67k	£42k
31/03/2023	£64k	£44k
31/03/2022	£63k	£22k
31/03/2021	£67k	£22k

Common questions

Is THE WAKEFIELD ALMSHOUSES CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that total funds increased to £1,811,280, with unrestricted funds at £1,661,280 and an endowment fund of £150,000. The charity reported a net income of £47,298 for the year, driven by charitable activities and investment gains. The trustees maintain a reserves policy focused on building funds for long-term property maintenance. Its FY2025 accounts were independently examined.