THE CAMBRIDGE ROYAL ALBERT HOMES
Warden controlled acommodation, promoting the welfare of the Residents, to allow them to lead an independent life
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
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.