THE VERNEY ALMSHOUSE CHARITY
Objects
3.1 THE OBJECTS OF THE CIO (THE "OBJECTS") ARE3.1.1 THE RELIEF OF POVERTY, HARDSHIP OR DISTRESS IN THE AREA OF BENEFIT BY THE PROVISION AND MAINTENANCE OF ALMSHOUSE ACCOMMODATION; AND3.1.2 SUCH CHARITABLE PURPOSES FOR THE RESIDENTS OF THE ALMSHOUSES OF THE CIO AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.3.2 RESIDENTS OF THE ALMSHOUSES SHALL BE SINGLE PERSONS OR COUPLES WHO:3.2.1 HAVE BEEN RESIDENT IN THE AREA OF BENEFIT FOR AT LEAST THREE YEARS PRIOR TO THE TIME OF THEIR APPOINTMENT; AND/OR3.2.2 ARE IN SUFFICIENT NEED, HARDSHIP OR DISTRESS REQUIRING SUPPORTWITH A PREFERENCE BEING GIVEN TO PERSONS WHO ARE RESIDENTS WITHIN THE AREA OF BENEFIT.3.3 IN THIS CONSTITUTION THE EXPRESSION "AREA OF BENEFIT" SHALL MEAN THE CIVIL PARISH OF MIDDLE CLAYDON IN BUCKINGHAMSHIRE BUT MAY AT THE DISCRETION OF THE CHARITY TRUSTEES, ALSO INCLUDE THE CIVIL PARISHES OF EAST CLAYDON AND STEEPLE CLAYDON.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £179,022, providing adequate resources for future projects. However, the charity relies on external funding to complete a necessary refurbishment of its almshouses, as it does not have sufficient internal resources to cover the costs.
What the accounts disclose
“The Charity has received donations totalling £59,817 from two of the trustees and from two charities related to those trustees during the year. There have been no other related party transactions during the year end 31 December 2024.” — page 13
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- 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)
Register events
- Received assets from another charity (08/09/2023)
Trustees
- Alexandra Edwina Luttrell Verney
- Nicholas Verney
- SIR EDMUND RALPH VERNEY BA, FRICS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £61k | £25k |
| 31/12/2023 | £6k | £21k |
| 31/12/2022 | £5k | £11k |
Common questions
Is THE VERNEY ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased to £179,022, providing adequate resources for future projects. However, the charity relies on external funding to complete a necessary refurbishment of its almshouses, as it does not have sufficient internal resources to cover the costs. Its FY2024 accounts were independently examined.