THE COLLEGE OF MATRONS
The College provides almshouse accommodation for eligible women, preferably widows or daughters of Ministers of the Church of England, in The Close, Salisbury and at St John's Priory, Wilton. Applicants must be resident within the dioceses of Salisbury, Winchester, Portsmouth, Bath & Wells, Exeter or Truro.
Financial health, per its FY2024 accounts
The accounts state that the charity's free reserves totalled £148,536, which falls within the trustees' stated policy target of keeping free reserves between £100,000 and £200,000. Per the trustees' report, the overall financial position is considered satisfactory, with net assets increasing by £7,576 during the year to £3,630,863.
What the accounts disclose
“The Charity's total income for the year was £238,531 (2023: £230,771) including investment income of £74,407 (2023: £72,892).” — page 5
“The trustees aim to keep free reserves between £100,000 and £200,000 (6 to 12 months' worth of expenditure) to cover unforeseen costs, to help provide further income by investing surplus accumulated profits and to be able to pay the almshouse running costs when voids occur.”
Trustees
- ALASTAIR RICHARD MALCOLM
- CELIA JANE LAX
- Elizabeth Anne Ogilvie
- Niki Cartwright
- ROY BEXON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £239k | £296k |
| 31/12/2023 | £231k | £235k |
| 31/12/2022 | £215k | £276k |
| 31/12/2021 | £212k | £327k |
| 31/12/2020 | £206k | £277k |
Common questions
Is THE COLLEGE OF MATRONS financially healthy?
Per its FY2024 accounts: The accounts state that the charity's free reserves totalled £148,536, which falls within the trustees' stated policy target of keeping free reserves between £100,000 and £200,000. Per the trustees' report, the overall financial position is considered satisfactory, with net assets increasing by £7,576 during the year to £3,630,863. Its FY2024 accounts were independently examined.
Charities like this
- PARTIS COLLEGE
- SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES
- HUGGENS'S COLLEGE
- MORDEN COLLEGE
- THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD
- LADY HEWLEY'S CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE COLLEGE OF MATRONS | £239k | — | 0 | unclear | — | no doubt |
| PARTIS COLLEGE | £364k | — | 0 | above | — | no doubt |
| SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES | £2.5m | — | — | unclear | — | no doubt |
| HUGGENS'S COLLEGE | £257k | — | 0 | unclear | — | no doubt |
| MORDEN COLLEGE | £16.1m | — | — | unclear | — | no doubt |
| THE PRINCIPAL AND FELLOWS OF THE COLLEGE OF THE LADY MARGARET IN THE UNIVERSITY OF OXFORD | £16.7m | — | — | unclear | — | no doubt |