CHELTENHAM ALMSHOUSES & AID CIO
The organisation provides almshouse accommodation to residents who have met the qualifying criteria, Residents are us required to pay a weekly maintenance contribution towards the upkeep of the property and the running of the charity so the cost to them is lower than the cost of renting in the private sector. The organisation also provides grants to people and other organisations.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted funds of £4,924,616, representing a decrease from the previous year's £4,954,406 due to a net expenditure of £29,790. The trustees report that the charity is in good shape with healthy bank and investment balances, noting that the sale of an office property generated proceeds placed into the investment fund. The charity maintains designated reserves for cyclical maintenance and extraordinary repairs in line with Almshouse Association recommendations.
What the accounts disclose
“The trustees aim to maintain General Funds at a level that will allow the CIO to function in a normal way in the event that income streams fail or operating costs rise sharply. They aim also to maintain General Funds that will enable them to develop and maintain the almshouse properties for which the CIO is responsible.” — page 5
Register events
- Received assets from another charity (01/12/2019)
- Received assets from another charity (21/11/2019)
- Received assets from another charity (21/11/2019)
- Received assets from another charity (21/11/2019)
Trustees
- MARTYN GRAHAM WYLIEchair
- Anthea Margaret Foden
- Barry Paul Lane
- Fiona Kirsty Richards
- HAZEL LANGFORD
- JANE MARGARET ALLISON
- MARION JONES
- MARY BARBARA MEARS
- Toby Charles Au Yun Yap
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £312k | £329k |
| 31/12/2024 | £306k | £265k |
| 31/12/2023 | £293k | £263k |
| 31/12/2022 | £274k | £275k |
| 31/12/2021 | £249k | £297k |
Common questions
Is CHELTENHAM ALMSHOUSES & AID CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted funds of £4,924,616, representing a decrease from the previous year's £4,954,406 due to a net expenditure of £29,790. The trustees report that the charity is in good shape with healthy bank and investment balances, noting that the sale of an office property generated proceeds placed into the investment fund. The charity maintains designated reserves for cyclical maintenance and extraordinary repairs in line with Almshouse Association recommendations. Its FY2025 accounts were audited by BK Plus Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| 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 WILLIAM DELAFIELD CHARITABLE TRUST | 1 | £10k |
| THE HOBSON CHARITY LIMITED | 1 | £10k |
| THE BRITFORD BRIDGE TRUST | 1 | £5k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE CITY OF LONDON ALMSHOUSES
- THOMAS PHILIPOT'S ALMSHOUSE CHARITY
- The Almshouse Association
- THE ABERFORD ALMSHOUSES
- WILLIAM LOVETT'S ALMSHOUSE CHARITY
- ST NICHOLAS HOSPITAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHELTENHAM ALMSHOUSES & AID CIO | £312k | — | 0 | above | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THOMAS PHILIPOT'S ALMSHOUSE CHARITY | £379k | — | 0 | unclear | — | no doubt |
| The Almshouse Association | £1.2m | — | — | below | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| WILLIAM LOVETT'S ALMSHOUSE CHARITY | £491k | — | 0 | unclear | — | no doubt |