NEWBURY MUNICIPAL CHARITIES
Provision of low cost housing for the elderly in need.
Objects
SEE INDIVIDUAL CONSTITUENTS
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”
Policies the charity declares
- Campaigns and political activity policy and procedures
- 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
- Investment
- Safeguarding policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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 | £4k |
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 |