CHELTENHAM ALMSHOUSES & AID CIO
Financial health, per its FY2022 accounts
The accounts state that the charity held total unrestricted funds of £4,854,342 at the year end, having experienced a net movement in funds of £(45,905) due primarily to a loss on the revaluation of fixed asset investments. The trustees report that the organisation is subject to audit for the first time as income exceeded £250,000, and they anticipate financial statements will be audited in future years as well.
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 |
|---|---|---|
| 31/12/2024 | £306k | £265k |
| 31/12/2023 | £293k | £263k |
| 31/12/2022 | £274k | £275k |
| 31/12/2021 | £249k | £297k |
| 31/12/2020 | £258k | £283k |
Common questions
Is CHELTENHAM ALMSHOUSES & AID CIO financially healthy?
The accounts state that the charity held total unrestricted funds of £4,854,342 at the year end, having experienced a net movement in funds of £(45,905) due primarily to a loss on the revaluation of fixed asset investments. The trustees report that the organisation is subject to audit for the first time as income exceeded £250,000, and they anticipate financial statements will be audited in future years as well. Its FY2022 accounts were audited by Andorran Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| 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 |
| CORDWAINERS CHARITABLE TRUST | 1 | £200 |