THE VICTORIA ALMSHOUSES
The Charity provides almshouses for the accommodation of elderly persons having a "housing need" and a strong association with the Borough of Reigate and Banstead.
Objects
ALMSHOUSES FOR MARRIED COUPLES (OF NOT LESS THAN 55 AND NOT MORE THAN 75 YEARS OF AGE) WHO HAVE RESIDED IN THE BOROUGH OF REIGATE FOR A PERIOD OF NOT LESS THAN 10 YEARS BEFORD DATE OF ADMISSION AND ARE UNABLE TO MAINTAIN THEMSELVES BY THEIR OWN EXERTIONS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £77,170 for the year, driven by an unrealised investment gain of £79,588, despite an operational deficit of £2,418. The charity maintains unrestricted reserves of £1,092,356, which the trustees consider sufficient to prepare the financial statements on a going concern basis. The charity is currently in the process of converting to a Charitable Incorporated Organization.
What the accounts disclose
“The Trustees believe that it is prudent to hold at least 50% of the budgeted annual expenditure excluding major capital projects, as a general reserve (approximately £100,000).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- COLIN RICHARD KNOTTchair
- Andrew Peter Diggles
- Angela Schofield
- Dr Diana Bullock
- Helen Mavis Doling
- Hilary Jane Austin
- MR ROGER FAIRCLOUGH
- Philip Styan
- Rev RICHARD WILSON
- Simon John Harriss
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £225k | £228k |
| 31/12/2024 | £220k | £164k |
| 31/12/2023 | £211k | £156k |
| 31/12/2022 | £196k | £192k |
| 31/12/2021 | £179k | £183k |
Common questions
Is THE VICTORIA ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £77,170 for the year, driven by an unrealised investment gain of £79,588, despite an operational deficit of £2,418. The charity maintains unrestricted reserves of £1,092,356, which the trustees consider sufficient to prepare the financial statements on a going concern basis. The charity is currently in the process of converting to a Charitable Incorporated Organization. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
Charities like this
- THE CITY OF LONDON ALMSHOUSES
- THE ABERFORD ALMSHOUSES
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
- THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY
- WILLIAM LOVETT'S ALMSHOUSE CHARITY
- CHELTENHAM ALMSHOUSES & AID CIO
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE VICTORIA ALMSHOUSES | £225k | — | 0 | unclear | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH | £460k | — | 0 | unclear | — | no doubt |
| THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY | £274k | — | 0 | above | — | no doubt |
| WILLIAM LOVETT'S ALMSHOUSE CHARITY | £491k | — | 0 | unclear | — | no doubt |