NEWBURY MUNICIPAL CHARITIES
Provision of low cost housing for the elderly in need.
Financial health, per its FY2024 accounts
The accounts state that total cash reserves stood at £378,583, an increase from £206,122 in the prior year, while unrestricted funds are held in both the General Fund and the Extraordinary Repair Fund. The trustees maintain a policy to ensure sufficient funds for the maintenance and repair of the almshouses, including an extraordinary repair fund valued at £37,899. The charity reports no material matters requiring attention in the independent examiner's report.
What the accounts disclose
“Residents’ maintenance contributions”
Trustees
- Graham Vanbergenchair
- Newbury Almshouse Trustee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £221k | £328k |
| 31/12/2024 | £202k | £282k |
| 31/12/2023 | £190k | £271k |
| 31/12/2022 | £176k | £299k |
| 31/12/2021 | £266k | £158k |
Common questions
Is NEWBURY MUNICIPAL CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that total cash reserves stood at £378,583, an increase from £206,122 in the prior year, while unrestricted funds are held in both the General Fund and the Extraordinary Repair Fund. The trustees maintain a policy to ensure sufficient funds for the maintenance and repair of the almshouses, including an extraordinary repair fund valued at £37,899. The charity reports no material matters requiring attention in the independent examiner's report. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £1k |
Charities like this
- THE CITY OF LONDON ALMSHOUSES
- THE ABERFORD ALMSHOUSES
- Beaconwild Ltd
- THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY
- THE ALEXANDRA HOMES
- THE ABBEYFIELD (CAMBORNE) SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NEWBURY MUNICIPAL CHARITIES | £221k | — | 0 | unclear | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| Beaconwild Ltd | £2.2m | — | — | unclear | — | no doubt |
| THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY | £355k | — | 0 | unclear | — | no doubt |
| THE ALEXANDRA HOMES | £220k | — | 0 | unclear | — | no doubt |