SIMMONS HOMES
Simmons Homes is an Almshouse charity which has 13 properties in Okehampton, Devon. The properties are let to people who live in Okehampton or Okehampton Hamlets.
Objects
ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WHO (EXCEPT IN SPECIAL CIRCUMSTANCES) ARE INHABITANTS OF THE TOWN AND HAMLETS OF OKEHAMPTON.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £44,039 for the year, with unrestricted bank balances increasing to £229,261. The trustees note that while a substantial programme of repairs is underway, it is not possible to determine the appropriate level of repair funds at the present date. The independent examiner confirmed that no material matters came to their attention during the examination.
What the accounts disclose
“Weekly maintenance contributions have decreased from £78,865 in 2024 to £77,983.”
“In the circumstances it is not possible to determine the appropriate level of cyclical and emergency repair funds at the present date.”
“There were no transactions with trustees of the charity.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- 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
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Trustees
- MRS C MARSHchair
- Laura Caroline Bird
- Maria Cooper
- REV M DAVIES
- Rev Claire Suzanne Reynolds
- Richard James Clyde Colman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £91k | £47k |
| 31/12/2024 | £91k | £57k |
| 31/12/2023 | £81k | £79k |
| 31/12/2022 | £74k | £24k |
| 31/12/2021 | £69k | £55k |
Common questions
Is SIMMONS HOMES financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £44,039 for the year, with unrestricted bank balances increasing to £229,261. The trustees note that while a substantial programme of repairs is underway, it is not possible to determine the appropriate level of repair funds at the present date. The independent examiner confirmed that no material matters came to their attention during the examination. Its FY2025 accounts were independently examined.