THORNER'S HOMES
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.
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.
What the accounts disclose
“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
“One employee received emoluments of more than £60,000.” — page 33
“Total income 2,552,997” — page 24
“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)”
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Leadership, per the charity’s website
- Vicky Joynes — Chief Executive
- Paul Meacher — Chair of the Trustees
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (27/02/2026)
Trustees
- ANN JENNIFER BENNETT
- Andrew Barnett
- Cllr Misty Calanthia Delamothe Burgess
- Daniel Butt
- Dave Richards
- David Frederick Hankins
- Jane Bowen
- Michael John Caton
- Miriam Hayward
- Paul Frederick Meacher
- Richard Dudley Brazier
- Sarah Vaughan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 29/01/2024 | £476k | Affordable Housing Grant |
| UK government | 29/01/2024 | £49k | Affordable Housing Grant |
| UK government | 01/04/2020 | £1.6m | Affordable Housing Grant |
Charities like this
- TURNER'S ALMSHOUSES
- TROTTER'S CHARITY
- TURNER HOME
- SIR EDMUND TURNOR'S HOSPITAL
- TIVERTON ALMSHOUSE TRUST
- THE HILLIER ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THORNER'S HOMES | £2.6m | £80,000 to £90,000 | 1 | above | — | no doubt |
| TURNER'S ALMSHOUSES | £173k | — | 0 | unclear | — | no doubt |
| TROTTER'S CHARITY | £41k | — | 0 | unclear | — | no doubt |
| TURNER HOME | £4.8m | — | 0 | unclear | — | no doubt |
| SIR EDMUND TURNOR'S HOSPITAL | £49k | — | 0 | above | — | no doubt |
| TIVERTON ALMSHOUSE TRUST | £1.1m | — | 1 | unclear | — | no doubt |