HOMEYARD HOMES
PROVIDE HOUSING TO CORNISH SEAMEN'S WIDOWS
Objects
ALMSHOUSES FOR WIDOWS OF SEAMEN. IF ON THE OCCASION OF A VACANCY IN THE HOMES BELONGING TO THE CHARITY THERE IS NO SUITABLE APPLICANT QUALIFIED FOR APPOINTMENT THE TRUSTEES MAY APPOINT A POOR WOMAN OF GOOD CHARACTER TO BE AN OCCUPANT OF THE HOMES.
Financial health, per its FY2025 accounts
The accounts state that the charity made a profit of £6,934 for the year ended 30 June 2025, with total incoming resources of £58,979 and resources expended of £52,045. The charity holds unrestricted funds of £291,574 and an expandable endowment fund of £490,757, alongside restricted funds for repairs and building. The trustees report that the principal funding source is investment income, which is used to pay ongoing expenses.
What the accounts disclose
“To retain the endowment portfolio at a level which produces approximately two-thirds of the average annual expenditure of the charity.” — page 4
Policies the charity declares
- 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
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- DAVID ROUNSEVELLchair
- Anne Edwards
- Graham Webb
- JOHN LEACH
- Kathryn Walker
- MR BLAIR JOBSON
- SUSAN JOANNE TRUSCOTT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £59k | £52k |
| 30/06/2024 | £61k | £51k |
| 30/06/2023 | £61k | £53k |
| 30/06/2022 | £54k | £42k |
| 30/06/2021 | £74k | £43k |
Common questions
Is HOMEYARD HOMES financially healthy?
Per its FY2025 accounts: The accounts state that the charity made a profit of £6,934 for the year ended 30 June 2025, with total incoming resources of £58,979 and resources expended of £52,045. The charity holds unrestricted funds of £291,574 and an expandable endowment fund of £490,757, alongside restricted funds for repairs and building. The trustees report that the principal funding source is investment income, which is used to pay ongoing expenses. Its FY2025 accounts were independently examined.