THE SOUTH MOLTON COTTAGE HOMES

Registered charity 200759 · accounts filings on the Charity Commission register

South Molton Cottage Homes provides accommodation for elderly people who have lived in the area for at least 5 years. There are eight cottages, 4 for single occupancy and 4 for couples. All are occupied at the present time.

Objects

THE PROVISION OF HOMES FOR POOR SINGLE PERSONS OF AT LEAST 60 YEARS OF AGE AND POOR MARRIED COUPLES AT LEAST ONE OF WHOM SHALL BE AT LEAST 60 YEARS OF AGE AND WHO(EXCEPT IN SPECIAL CASES TO BE APPROVED BY THE CHARITY COMMISSIONERS) ARE TO BE INHABITANTS OF THE AREA OF BENEFIT

Area of benefit: BOROUGH OF SOUTH MOLTON

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · Get email alerts

Latest income
£45k
Latest spending
£57k
Registered
1961
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves decreased from £238,930 to £226,353, resulting in a net outgoing of resources of £57,353 against income of £44,434. The trustees report that the charity is in a good financial state and has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target is stated, only a general intention to maintain reserves for unforeseen circumstances and major works.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£45k£57k
31/03/2024£68k£18k
31/03/2023£41k£25k
31/03/2022£40k£18k
31/03/2021£36k£29k

Common questions

Is THE SOUTH MOLTON COTTAGE HOMES financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves decreased from £238,930 to £226,353, resulting in a net outgoing of resources of £57,353 against income of £44,434. The trustees report that the charity is in a good financial state and has adequate resources to continue in operational existence for the foreseeable future. No specific reserves policy target is stated, only a general intention to maintain reserves for unforeseen circumstances and major works. Its FY2025 accounts were independently examined.