COTTENHAM CHARITIES
Provides accommodation in 7 Almshouses in the village of Cottenham and gives grants to those in need
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £12,694 for the year, with total income of £53,371 and total payments of £40,677. The financial position is described as stable, with unrestricted cash reserves of £70,274 held to cover maintenance and unforeseen costs. The charity has no fundraising activities and relies on endowments, rents, and maintenance contributions.
What the accounts disclose
“The cash reserves will be held at a level to cover debt repayments and necessary repairs and expenses for one year should there be no income from Weekly Maintenance Contributions.”
Trustees
- MALCOLM GEOFFREY DEE BScchair
- Christine Ward
- David Munns
- Elizabeth Price
- Martin Graves
- Rev Lynda Davies
- Robert Lee
- Robert Turner
- SUE HOOKS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £53k | £41k |
| 31/12/2023 | £50k | £39k |
| 31/12/2022 | £45k | £44k |
| 31/12/2021 | £46k | £44k |
| 31/12/2020 | £43k | £43k |
Common questions
Is COTTENHAM CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a surplus of £12,694 for the year, with total income of £53,371 and total payments of £40,677. The financial position is described as stable, with unrestricted cash reserves of £70,274 held to cover maintenance and unforeseen costs. The charity has no fundraising activities and relies on endowments, rents, and maintenance contributions.