THE SPRINGETT ALMSHOUSES TRUST
The Springett Almshouses Trust offers accomodation to local people who have limited financial means. There are eleven flats which can house up to two persons in each flat. Based near the Moor in Hawkhurst.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds were maintained at a level equating to approximately six months of unrestricted expenditure, satisfying the charity's reserves policy. The charity reported a net movement in funds of £5,358 and held total unrestricted funds of £923,418 at year-end. The trustees confirmed there are no material uncertainties regarding going concern.
What the accounts disclose
“It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level that equates to approximately six months unrestricted expenditure.” — page 4
Register events
- Received assets from another charity (26/05/2022)
Trustees
- Anson James Paulchair
- Christopher Anthony Johnathon Brown
- Elizabeth Felton-Gerber
- John Milne Stoughton
- Lucy Zendra Newby Thirkell
- Mary-Jane Digman
- Nicholas Jeremy Bugeja
- PAUL JEFFREY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £84k | £74k |
| 31/12/2024 | £74k | £64k |
| 31/12/2023 | £52k | £50k |
| 31/12/2022 | £53k | £44k |
Common questions
Is THE SPRINGETT ALMSHOUSES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds were maintained at a level equating to approximately six months of unrestricted expenditure, satisfying the charity's reserves policy. The charity reported a net movement in funds of £5,358 and held total unrestricted funds of £923,418 at year-end. The trustees confirmed there are no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.