WILLIAM LOVETT'S ALMSHOUSE CHARITY
The charity owns and rents 6 almshouses to suitably qualified residents, as determined by the charity's constitution. It also owns adjacent and surrounding land on which the almshouses are situated, the residual portion of which is set aside as a multi-purpose village amenity.
Objects
1. THE PREVENTION OR RELIEF OF POVERTY BY PROVIDING SOCIAL HOUSING, IN THE FORM OF ALMSHOUSE ACCOMMODATION, FOR PERSONS IN NEED OF SUCH ACCOMMODATION DUE TO FINANCIAL HARDSHIP OR LIMITED FINANCIAL RESOURCES, WHO (EXCEPT IN SPECIAL CASES TO BE DETERMINED BY THE TRUSTEES) HAVE BEEN RESIDENT IN THE VILLAGE OF WEST HADDON FOR AT LEAST TWO YEARS PRIOR TO THEIR INITIAL APPLICATION, OR WHO HAVE DEMONSTRABLY STRONG OR LONG-STANDING CONNECTIONS WITH THE VILLAGE.2. SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF RESIDENTS AND FORMER RESIDENTS AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.
Financial health, per its FY2025 accounts
The charity reported a strong financial position with total reserves of £589,691.12, significantly exceeding its stated policy target of £60,000. The accounts state that there are no currently outstanding liabilities, and the trustees confirmed that funding for the new almshouse project is fully in place, requiring little or no recourse to reserves. The charity achieved an acceptable surplus from almshouse activities and maintained adequate cash flow to meet ongoing project costs.
What the accounts disclose
“the trustees determined when approving the business plan and giving the go ahead for the new almshouses project that reserves should not fall below £60,000, in cash or investments.” — page 2
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (06/02/2023)
- Received assets from another charity (14/09/2021)
Trustees
- Charles Edward Porterchair
- Anne Edith Hopwell
- Deborah Judith Lole
- Dr Wendy Jennifer Raybould
- Ian Richard Litchfield
- Imogen Jane Tansley
- Kenneth Brand
- Melvyn Robert Griffiths
- SIR RICHARD TILT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £491k | £49k |
| 31/03/2024 | £46k | £53k |
| 31/03/2023 | £50k | £59k |
| 31/12/2021 | £26k | £19k |
| 31/12/2020 | £26k | £27k |
Common questions
Is WILLIAM LOVETT'S ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The charity reported a strong financial position with total reserves of £589,691.12, significantly exceeding its stated policy target of £60,000. The accounts state that there are no currently outstanding liabilities, and the trustees confirmed that funding for the new almshouse project is fully in place, requiring little or no recourse to reserves. The charity achieved an acceptable surplus from almshouse activities and maintained adequate cash flow to meet ongoing project costs. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2023 | £13k | EWCO 167 21_22 William Lovett's Almshouses Charity Woodland |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £10k |
Charities like this
- THE JAMES LLOYD ALMSHOUSES
- THE ABERFORD ALMSHOUSES
- THE FINCH ALMSHOUSES, RAVENSTONE
- THOMAS PHILIPOT'S ALMSHOUSE CHARITY
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
- THE HARTLEY TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WILLIAM LOVETT'S ALMSHOUSE CHARITY | £491k | — | 0 | unclear | — | no doubt |
| THE JAMES LLOYD ALMSHOUSES | £233k | — | 0 | above | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| THE FINCH ALMSHOUSES, RAVENSTONE | £260k | — | 0 | above | — | no doubt |
| THOMAS PHILIPOT'S ALMSHOUSE CHARITY | £379k | — | 0 | unclear | — | no doubt |
| GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH | £460k | — | 0 | unclear | — | no doubt |