HOUSE OF GRACE WITHAM
a)To provide supported housing in Witham, Essex, or the immediate surrounding area for homeless and disenfranchised or socially excluded people in conditions of need within that same geographic area;b) to relieve the distress caused by conditions of homelessness, financial hardship and poor mental health;c) to promote and facilitate integration of individuals into society
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £32,929.76 at the end of the financial year, with total receipts of £54,909.87 and total payments of £50,603.50. The trustees report that they are not in a position to adopt a formal reserves policy as all funds are currently needed to support current activities and pay off lease payments and borrowed money. The trustees confirm there is no fundamental uncertainty about the charity continuing as a going concern, although they identify risks related to benefit shortfalls affecting the ability to pay lease and salary costs.
What the accounts disclose
Trustees
- Antony George Patrick Timmins
- Audrey May Kennedy Dip.Ed
- DAVID ALEXANDER BRETT
- Dr Geoffrey Leonard Davey Phd
- Emmelia VAN DER WALT JAMES BA Hon
- Martin Andrews
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £55k | £51k |
| 31/03/2024 | £14k | £4k |
| 31/03/2023 | £18k | £236 |
Common questions
Is HOUSE OF GRACE WITHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £32,929.76 at the end of the financial year, with total receipts of £54,909.87 and total payments of £50,603.50. The trustees report that they are not in a position to adopt a formal reserves policy as all funds are currently needed to support current activities and pay off lease payments and borrowed money. The trustees confirm there is no fundamental uncertainty about the charity continuing as a going concern, although they identify risks related to benefit shortfalls affecting the ability to pay lease and salary costs. Its FY2025 accounts were independently examined.