POOR'S ESTATE
To provide financial grants within its objects to other charities and organisations.
Objects
THE RELIEF,EITHER GENERALLY OR INDIVIDUALLY OF PERSONS RESIDENT IN THE AREA OF BENEFIT WHO ARE IN CONDITIONS OF NEED,HARDSHIP AND DISTRESS.IF THE INCOME CANNOT BE SO APPLIED THE TRUSTEES MAY APPLY THE SAME FOR ANY CHARITABLE PURPOSES FOR THE BENEFIT OF THE INHABITANTS OF THE AREA OF BENEFIT AS THEY FROM TIME TO TIME THINK FIT
Financial health, per its FY2024 accounts
The accounts state that the charity holds total reserves of £864,909, comprising £337,550 in unrestricted funds and £527,359 in permanent endowment. The trustees confirm that these reserves are sufficient to sustain future obligations and that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Income from: Investment income 51,425”
“The policy towards reserves, which are the unrestricted funds of £337,550 (2023: £307,372), is to ensure that they do not fall to a level that would mean curtailing support to the community whether this is in relation to community events or giving grants” — page 5
“Eton College provides support services to Eton Poor’s Estate. These services are provided free of charge. The annual expenditure re-charged by Eton College in the year amounted to £1,054 (2023: £772)” — page 15
Policies the charity declares
- Complaints handling
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Charity Elizabeth Clare Miles
- Christine Boyd
- Derek Bishop
- Dr Rosalind Rivaz
- Janet Bowden
- Linda Tarbox
- Malcolm Frederick Leach
- Peter John McKee
- Philip Highy BEM
- Rev Andreas Sistig
- SUSAN WARNER
- Sir Nicholas David Coleridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £23k |
| 31/12/2023 | £46k | £22k |
| 31/12/2022 | £40k | £13k |
| 31/12/2021 | £38k | £31k |
| 31/12/2020 | £36k | £33k |
Common questions
Is POOR'S ESTATE financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total reserves of £864,909, comprising £337,550 in unrestricted funds and £527,359 in permanent endowment. The trustees confirm that these reserves are sufficient to sustain future obligations and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.