LAND AND POSSESSIONS OF THE POOR OF ELY OTHERWISE PARSONS' CHARITY
Making grants towards the relief of financial hardship, education, training and for medical needs including grants to other charities and community organisations.Also providing dwellings (almshouses) and supporting the residents who live them.All above activities are limited to an area of benefit which corresponds with the LocalGovernment area administered by the City of Ely Council
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £14,533,233, significantly exceeding the trustees' stated policy target of £500,000. The charity reported a net deficit on unrestricted funds of £44,350 for the year, primarily driven by major repair expenditures and a decrease in investment values. Despite this deficit, the overall net assets remain substantial and the trustees confirm the charity is a going concern with adequate resources.
What the accounts disclose
“The Governors consider that reserves of at least £500,000 are appropriate for such contingencies.” — page 4
“During the year the charity rented property to King’s Ely for £39,520 (2024 - £39,520) and rented from the Church Commissioners allotment land for £750 (2024 - £750). The Very Reverend M Bonney, Dean of Ely, is a governor of King’s Ely and also a Church Commissioner.” — page 17
“During the year the charity paid fees of £23,858 (2024 - £26,207) to its Receivers, Messrs. Cheffins. Mr. D J Brand’s son in law is an employee of Cheffins.” — page 17
“During the year the charity rented property to King’s Ely for £39,520 (2024 - £39,520) and rented from the Church Commissioners allotment land for £750 (2024 - £750). The Very Reverend M Bonney, Dean of Ely, is a governor of King’s Ely and also a Church Commissioner.” — page 17
“During the year the charity paid fees of £23,858 (2024 - £26,207) to its Receivers, Messrs. Cheffins. Mr. D J Brand’s son in law is an employee of Cheffins.” — page 17
“During the year the charity rented property to King’s Ely for £39,520 (2024 - £39,520) and rented from the Church Commissioners allotment land for £750 (2024 - £750). The Very Reverend M Bonney, Dean of Ely, is a governor of King’s Ely and also a Church Commissioner.” — page 17
“During the year the charity paid fees of £23,858 (2024 - £26,207) to its Receivers, Messrs. Cheffins. Mr. D J Brand’s son in law is an employee of Cheffins.” — page 17
Trustees
- DAVID JOSEPH BRANDchair
- Alastair Ambrose David Morbey
- Allyson Broadhurst
- Andrew Turpin
- David Gipp
- Joseph James Henry
- RICHARD OLIVER SETCHELL
- ROBERT CLASBY
- Suzanne Margaret Lindsay
- The Venerable Richard John StClair Harlow
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £450k | £402k |
| 30/06/2024 | £431k | £300k |
| 30/06/2023 | £401k | £325k |
| 30/06/2022 | £344k | £311k |
| 30/06/2021 | £318k | £218k |
Common questions
Is LAND AND POSSESSIONS OF THE POOR OF ELY OTHERWISE PARSONS' CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £14,533,233, significantly exceeding the trustees' stated policy target of £500,000. The charity reported a net deficit on unrestricted funds of £44,350 for the year, primarily driven by major repair expenditures and a decrease in investment values. Despite this deficit, the overall net assets remain substantial and the trustees confirm the charity is a going concern with adequate resources. Its FY2025 accounts were audited by Price Bailey LLP.
Charities like this
- THE EARL OF SOUTHAMPTON TRUST
- UNITED CHARITIES OF CAMBRIDGE
- CHARITWORTH LIMITED
- THE HARBORNE PARISH LANDS CHARITY
- THE ODIHAM CONSOLIDATED CHARITIES
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NEWBURY ST NICOLAS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| LAND AND POSSESSIONS OF THE POOR OF ELY OTHERWISE PARSONS' CHARITY | £450k | — | 0 | unclear | — | no doubt |
| THE EARL OF SOUTHAMPTON TRUST | £181k | — | 0 | above | — | no doubt |
| UNITED CHARITIES OF CAMBRIDGE | £387k | — | 0 | above | — | no doubt |
| CHARITWORTH LIMITED | £3.3m | — | 0 | unclear | — | no doubt |
| THE HARBORNE PARISH LANDS CHARITY | £2.0m | more than £60,000 | 2 | above | — | no doubt |
| THE ODIHAM CONSOLIDATED CHARITIES | £432k | — | 0 | above | — | no doubt |