THORNER'S HOMES

Registered charity 1189291 · accounts filings on the Charity Commission register

The provision of almshouse accommodation for poor widows and single women aged 55 or over; who require such accommodation due to poverty, financial hardship or other charitable need.

Objects

THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT:(I)RELIEVING NEED BY PROVIDING SOCIAL HOUSING IN THE FORM OF ALMSHOUSE ACCOMMODATION FOR:(A) POOR WIDOWS, AND(B) SINGLE WOMEN AGED 55 OR OVERWHO REQUIRE SUCH ACCOMMODATION DUE TO POVERTY, FINANCIAL HARDSHIP OR OTHER CHARITABLE NEED.(II) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF RESIDENTS OF THE ALMSHOUSES AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Registered contact address: Southampton, South East, England (from the postcode on the register)

Latest income
£2.6m
Latest spending
£1.2m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The charity reported a net surplus of £1,337,417 for the year ended 31 December 2025, primarily driven by a one-off £1.54 million donation from the merger with Barlow & Ellyett Homes. The charity holds free unrestricted reserves of £1,301,241, which exceeds the trustees' prudent policy target of one year's operating costs estimated at £500,000. The accounts were prepared on a going concern basis with no material uncertainties identified by the independent auditors.

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

What the accounts disclose

Highest-paid employee band: £80,000 to £90,000 — above the median for charities its size (£70k)
“One employee received emoluments of more than £60,000. This was in the £80,000 to £90,000 band in 2025 (2024: £80,000 to £90,000 band)” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received emoluments of more than £60,000.” — page 33
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Donations and Legacies (62% of income)
“Total income 2,552,997” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: one year's operating costs (excluding exceptional repairs) (held: £1.3m)
“The Trustees also consider it prudent that unrestricted reserves should cover one year's operating costs (excluding exceptional repairs) which are estimated at (500,000)”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Andrew Barnett is grandfather of owner of Galaxy Carpentry; Galaxy Carpentry provided door resizing services for £60.
“A Trustee, Andrew Barnett, is the grandfather of the owner of Galaxy Carpentry. During the year, Galaxy Carpentry Limited provided door resizing services totalling £60.” — page 41
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Hopper Williams & Bell Limited. Discloses 6 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£2.6m
Total spending
£1.2m
Cost of raising funds
£5k
Reserves (reported)
£761k
Employees
8

Reported reserves equal ~7.6 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (62% 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: 0.2% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Southampton City

Income and spending

Financial year endIncomeSpending
31/12/2025£2.6m£1.2m
31/12/2024£989k£1.2m
31/12/2023£3.0m£1.1m
31/12/2022£708k£814k
31/12/2021£694k£760k

Common questions

Is THORNER'S HOMES financially healthy?

Per its FY2025 accounts: The charity reported a net surplus of £1,337,417 for the year ended 31 December 2025, primarily driven by a one-off £1.54 million donation from the merger with Barlow & Ellyett Homes. The charity holds free unrestricted reserves of £1,301,241, which exceeds the trustees' prudent policy target of one year's operating costs estimated at £500,000. The accounts were prepared on a going concern basis with no material uncertainties identified by the independent auditors. Its FY2025 accounts were audited by Hopper Williams & Bell Limited.

What does the highest-paid employee of THORNER'S HOMES earn?

Per its FY2025 accounts, the highest-paid employee was in the £80,000 to £90,000 band, and 1 employees earned over £60,000.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
UK government29/01/2024£476kAffordable Housing Grant
UK government29/01/2024£49kAffordable Housing Grant
UK government01/04/2020£1.6mAffordable Housing Grant

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with TURNER'S ALMSHOUSES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THORNER'S HOMES£2.6m£80,000 to £90,0001above—no doubt
TURNER'S ALMSHOUSES FY2025£173k—0unclear—no doubt
TROTTER'S CHARITY FY2025£41k—0unclear—no doubt
TURNER HOME FY2025£4.8m—0unclear—no doubt
SIR EDMUND TURNOR'S HOSPITAL FY2024£49k—0above—no doubt
TIVERTON ALMSHOUSE TRUST FY2025£1.1m—1unclear—no doubt

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