THE CAMBRIDGE ROYAL ALBERT HOMES
Warden controlled acommodation, promoting the welfare of the Residents, to allow them to lead an independent life
Objects
THE OBJECTS OF THE CIO ARE, FOR THE PUBLIC BENEFIT, THE PREVENTION OR RELIEF OF POVERTY BY PROVIDING SOCIAL HOUSING IN THE FORM OF ALMSHOUSE ACCOMMODATION FOR OLDER PERSONS OF MODEST MEANS WHO ARE RESIDENTS OF, OR WHO HAVE CLOSE ASSOCIATIONS WITH, THE CITY OF CAMBRIDGE.
Financial health, per its FY2025 accounts
The accounts state that net incoming resources for the year were £94,670, resulting in total net assets of £2,527,171. The trustees have adopted a reserves policy to maintain between three to six months of resources expended, and unrestricted funds are held to support this objective. The charity is funded by weekly maintenance charges, investment proceeds, and donations, with no material uncertainties affecting its ability to continue as a going concern.
What the accounts disclose
“The trustees have adopted a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between three to six months of the resources expended.” — page 5
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
- Investment
- Paying staff
- 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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2024)
Register events
- Received assets from another charity (29/05/2024)
Trustees
- Richard James Peacheychair
- Ann Bullock
- Anne Margery Devenport
- Jean-Pierre Faivre
- Stefania Borchia
- Stephen Philip Conrad
- Susan Greenbank
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £336k | £241k |
| 31/03/2024 | £2.6m | £256k |
| 31/03/2023 | £0 | £0 |
| 28/02/2022 | £0 | £0 |
| 28/02/2021 | £0 | £0 |
Common questions
Is THE CAMBRIDGE ROYAL ALBERT HOMES financially healthy?
Per its FY2025 accounts: The accounts state that net incoming resources for the year were £94,670, resulting in total net assets of £2,527,171. The trustees have adopted a reserves policy to maintain between three to six months of resources expended, and unrestricted funds are held to support this objective. The charity is funded by weekly maintenance charges, investment proceeds, and donations, with no material uncertainties affecting its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Charities like this
- THE ROYAL ALBERT AND ST SWITHUN'S HOMES
- ROYAL CAMBRIDGE HOME LIMITED
- THE FINCH ALMSHOUSES, RAVENSTONE
- THOMAS PHILIPOT'S ALMSHOUSE CHARITY
- THE ROYAL CAMBRIDGE HOME
- CHELTENHAM ALMSHOUSES & AID CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE CAMBRIDGE ROYAL ALBERT HOMES | £336k | — | 0 | unclear | — | no doubt |
| THE ROYAL ALBERT AND ST SWITHUN'S HOMES | £205k | — | 0 | unclear | — | no doubt |
| ROYAL CAMBRIDGE HOME LIMITED | £1.6m | £80,001 - £90,000 | 1 | unclear | — | no doubt |
| THE FINCH ALMSHOUSES, RAVENSTONE | £260k | — | 0 | above | — | no doubt |
| THOMAS PHILIPOT'S ALMSHOUSE CHARITY | £379k | — | 0 | unclear | — | no doubt |
| THE ROYAL CAMBRIDGE HOME | £12.4m | £80,001 - £90,000 | 1 | unclear | — | no doubt |