SIR HENRY EDWARDS' CHARITIES
the provision of accomodation for the elderly in the borough of Weymouth & Portland
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £283,378 and expendable endowment funds of £2,512,106, resulting in total net assets of £2,795,484. The trustees report that the charity is exempt from statutory audit and has been independently examined, with no material matters identified. The charity maintains a positive net current asset position and confirms there are no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The trustees are now reviewing repair and renovation requirements to determine the level of extraordinary repair fund required.”
“Mr H E Jones (Clerk to the Trustees) Accountancy fees of £5,132 (2023 - £2,658) are included in the accounts in relation to Edwards and Keeping fees, a firm for which Mr H Jones (clerk to the trustees) is a director.”
“Sir Samuel Mico's Charities (Sister charity under the Weymouth Town Charities scheme and therefore shares Trustees.) Repayment of 50% share of Trustee's indemnity insurance totalling £203.”
“Mr H E Jones (Clerk to the Trustees) Accountancy fees of £5,132 (2023 - £2,658) are included in the accounts in relation to Edwards and Keeping fees, a firm for which Mr H Jones (clerk to the trustees) is a director.”
“Sir Samuel Mico's Charities (Sister charity under the Weymouth Town Charities scheme and therefore shares Trustees.) Repayment of 50% share of Trustee's indemnity insurance totalling £203.”
Trustees
- Gary Richard Hepburnchair
- David James Swann
- Dr Eleanor Stafford
- James Anthony Lees
- Kevin Gary Vincent
- Matthew Daniel Stickley
- Matthew Duggan
- Sharon Jane Harrison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £112k | £53k |
| 31/12/2023 | £127k | £94k |
| 31/12/2022 | £108k | £65k |
| 31/12/2021 | £109k | £66k |
| 31/12/2020 | £99k | £64k |
Common questions
Is SIR HENRY EDWARDS' CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £283,378 and expendable endowment funds of £2,512,106, resulting in total net assets of £2,795,484. The trustees report that the charity is exempt from statutory audit and has been independently examined, with no material matters identified. The charity maintains a positive net current asset position and confirms there are no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOAN AINSLIE CHARITABLE TRUST | 1 | £10k |
Charities like this
- W G EDWARDS CHARITABLE FOUNDATION
- Waterside Community Fund
- THE ABBEYFIELD CHICHESTER SOCIETY LIMITED
- PORTSMOUTH AND DISTRICT FRIENDLY SOCIETIES' HOMES
- THE FOUNDATION OF EDWARD STOREY
- HOSPITAL OF ST JOHN HEYTESBURY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIR HENRY EDWARDS' CHARITIES | £112k | — | 0 | unclear | — | no doubt |
| W G EDWARDS CHARITABLE FOUNDATION | £155k | — | 0 | within | — | no doubt |
| Waterside Community Fund | £391k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD CHICHESTER SOCIETY LIMITED | £373k | — | 0 | unclear | — | no doubt |
| PORTSMOUTH AND DISTRICT FRIENDLY SOCIETIES' HOMES | £106k | — | 0 | unclear | — | no doubt |
| THE FOUNDATION OF EDWARD STOREY | £1.6m | — | 0 | unclear | — | no doubt |