THE HOME OF DEVENISH
Provision of housing for retired or needy widows of Church of England Clergy and Officers in HM Armed Forces
Financial health, per its FY2025 accounts
The accounts state that the charity holds total funds of £13,286,024, primarily derived from an expendable endowment fund of £12,840,722. The trustees report that unrestricted free reserves are £nil, but consider the charity to have sufficient resources to continue in operation for the foreseeable future as expenditure broadly equates with income. The independent auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“At 31 March 2025, unrestricted general funds totalled £426,902. After allowing for funds invested in tangible fixed assets of £428,700, there are £nil unrestricted free reserves of the charity but there is sufficient cash held in investments which could be utilised if required. Since expenditure broadly equates with income, the trustees consider this to be sufficient.” — page 5
Trustees
- CAPTAIN JOHN BARTLETT HARVEY ROYAL NAVY
- DIANA MARGARET LUDLOW
- Jonathan Robert Tate
- Rev Alida Janny Whittock
- Simon James Jacobs
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £439k | £349k |
| 31/03/2024 | £420k | £323k |
| 31/03/2023 | £361k | £336k |
| 31/03/2022 | £297k | £305k |
| 31/03/2021 | £280k | £272k |
Common questions
Is THE HOME OF DEVENISH financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total funds of £13,286,024, primarily derived from an expendable endowment fund of £12,840,722. The trustees report that unrestricted free reserves are £nil, but consider the charity to have sufficient resources to continue in operation for the foreseeable future as expenditure broadly equates with income. The independent auditors confirmed that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Edwards and Keeping Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EPSOM | 1 | — |
| THE ARCHBISHOPS' COUNCIL | 1 | £21.2m |
| THE SIR JAMES RECKITT CHARITY | 1 | £27k |
| HYDE PARK PLACE ESTATE CHARITY | 1 | £18k |
| MRS R P TINDALL'S CHARITABLE TRUST | 1 | £18k |
| STRAND PARISHES TRUST | 1 | £15k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £14k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £9k |
Charities like this
- THE CHURCH OF ENGLAND PENSIONS BOARD
- Church Homeless Charity
- WORCESTER DIOCESAN BOARD OF FINANCE LIMITED
- CHURCH OF ENGLAND SOLDIERS', SAILORS' & AIRMEN'S CLUBS
- BOURNEMOUTH WAR MEMORIAL HOMES
- THE CHESTER DIOCESAN BOARD OF FINANCE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE HOME OF DEVENISH | £439k | — | 0 | below | — | no doubt |
| THE CHURCH OF ENGLAND PENSIONS BOARD | £42.0m | £276,000 | — | unclear | — | no doubt |
| Church Homeless Charity | £421k | — | 0 | above | 19.0% | no doubt |
| WORCESTER DIOCESAN BOARD OF FINANCE LIMITED | £10.6m | above £60,000 | 3 | above | — | no doubt |
| CHURCH OF ENGLAND SOLDIERS', SAILORS' & AIRMEN'S CLUBS | £1.1m | £40,013 | 0 | above | — | no doubt |
| BOURNEMOUTH WAR MEMORIAL HOMES | £811k | — | 0 | unclear | — | no doubt |