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SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES

Registered charity 202110 · accounts filings on the Charity Commission register · also known as MUNICIPAL CHARITIES

Latest income
£2.5m
Latest spending
£2.5m
Registered
1979
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the Charities recorded a net surplus of £762,522 for the year ended 31 December 2024, with total net assets increasing to £23,405,665. Per the trustees' report, the Charities hold substantial cash balances resulting in a negative gearing ratio of -29.42%, and they certify compliance with the Governance and Financial Viability Standard.

What the accounts disclose

Reserves policy: £360,000 (held: £7.7m)
“The Trustees have calculated that the Charities' working capital requirements amount to £360,000” — page 10
Per its FY2024 accounts as filed with the Charity Commission.
Pension scheme deficit: £5k
“Carried forward pension liability at 31 December 2024 £4,500” — page 27
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Fletcher & Partners.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.6m
Total spending
£2.5m
Cost of raising funds
£22k
Reserves (reported)
£356k
Employees
22

Reported reserves equal ~1.7 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Wiltshire

Income and spending

Financial year endIncomeSpending
31/12/2024£2.5m£2.5m
31/12/2023£2.2m£2.4m
31/12/2022£2.0m£1.8m
31/12/2021£1.9m£1.6m
31/12/2020£1.8m£1.7m

Common questions

Is SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES financially healthy?

The accounts state that the Charities recorded a net surplus of £762,522 for the year ended 31 December 2024, with total net assets increasing to £23,405,665. Per the trustees' report, the Charities hold substantial cash balances resulting in a negative gearing ratio of -29.42%, and they certify compliance with the Governance and Financial Viability Standard. Its FY2024 accounts were audited by Fletcher & Partners.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
ESTATE CHARITY OF WILLIAM HATCLIFFE1£1.1m

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH.