WESTERHAM ALMSHOUSE CHARITY
The Charity has a total of 17 individual dwellings in three locations in Westerham, Kent which are for the elderly and in financial need with a connection to Westerham or Crockham Hill.
Financial health, per its FY2024 accounts
The accounts state that free reserves of £874,943 are held, which is below the stated policy target of not exceeding one and a half years of unrestricted expenditure. The charity reports a net incoming resource surplus of £53,491 for the year and maintains adequate liquidity with cash at bank of £91,602. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the policy of the Charity to ensure that free reserves (Accumulated General Reserve) should not exceed one and half year’s unrestricted expenditure.” — page 2
Property (HM Land Registry)
Register events
- Received assets from another charity (28/09/2021)
Trustees
- CLAIRE FENELLA KATHLEEN WARDEchair
- GLORIA JACQUELINE JACKSON
- Heather Kelso
- Jacqueline Ann Hunter Taylor-Smith MBE
- Mark Coulston Hugh Mountjoy
- Rebecca Isabelle Slagle Bradshaw
- Rev DAVID FOX-BRANCH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £187k | £133k |
| 31/12/2023 | £174k | £90k |
| 31/12/2022 | £128k | £89k |
| 31/12/2021 | £43k | £58k |
Common questions
Is WESTERHAM ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that free reserves of £874,943 are held, which is below the stated policy target of not exceeding one and a half years of unrestricted expenditure. The charity reports a net incoming resource surplus of £53,491 for the year and maintains adequate liquidity with cash at bank of £91,602. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.