MRS G A H GRUNDY'S CHARITY
The charity is restricted to housing persons in need over 60 years of age who are regarded as poor and deserving persons of the middle class as defined in the will of Mrs Grundy establishing the Almshouses.
Objects
THE ESTABLISHMENT OF ALMSHOUSES FOR POOR PEOPLE OF THE MIDDLE CLASSES.
Financial health, per its FY2025 accounts
The accounts state that the charity held free/unrestricted reserves of £87,344 at the end of the year. The trustees maintain this level of reserves to finance the purchase of land or buildings for further almshouses and to upgrade existing housing stock. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially incorrect.
What the accounts disclose
“At the end of the year the income reserves amounted to £87,344. The Trustees maintain this level of reserves to finance the purchase of land or buildings for further almshouses within geographical limits and isolated opportunities including the additional expenditure necessary to convert new buildings and/or land to a standard for occupation and upgrade and refurbish the existing housing stock and off street car parking facilities.” — page 6
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- EDWARD LAMB
- Jonathan Thompson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £136k | £138k |
| 05/04/2024 | £123k | £194k |
| 05/04/2023 | £106k | £130k |
| 05/04/2022 | £110k | £164k |
| 05/04/2021 | £124k | £97k |
Common questions
Is MRS G A H GRUNDY'S CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free/unrestricted reserves of £87,344 at the end of the year. The trustees maintain this level of reserves to finance the purchase of land or buildings for further almshouses and to upgrade existing housing stock. The independent examiner confirmed that no matters came to their attention giving cause to believe the accounts were materially incorrect. Its FY2025 accounts were independently examined.