THOMAS CORBETT'S CHARITY
Maintenance of an almshouse
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £13,332, held for future property maintenance, with the trustees noting that recent exceptional refurbishment costs had diminished these reserves. The charity reported a net income of £20,659 for the year, driven by a significant revaluation gain on investments, while total incoming resources reached £62,661 against total expenditure of £66,091.
What the accounts disclose
“The unrestricted reserves of £13,332 (2023; £11,182) are held for the future maintenance of charity's properties so far as these are act provided in the extraordinary repair fund.” — page 3
“In the current year legal and professionel fees totalling £2,185 were paid on behalf of the new Thomas Corbett’s Charity. At the year end there was a balance of £6,785 (2023 - £16,168) in this account, which Is shown th note 12,” — page 15
Trustees
- SHONA MARY CUTLERchair
- Charles Caddick
- Edward Alexander Broughton Webb
- JOANNA ALISON COLLINGS
- Richenda Rachel Wyatt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £63k | £66k |
| 31/12/2023 | £50k | £72k |
| 31/12/2022 | £57k | £43k |
| 31/12/2021 | £41k | £65k |
| 31/12/2020 | £41k | £54k |
Common questions
Is THOMAS CORBETT'S CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £13,332, held for future property maintenance, with the trustees noting that recent exceptional refurbishment costs had diminished these reserves. The charity reported a net income of £20,659 for the year, driven by a significant revaluation gain on investments, while total incoming resources reached £62,661 against total expenditure of £66,091. Its FY2024 accounts were independently examined.