GREAT TORRINGTON ALMSHOUSE CHARITY
Supporting the residents of Great Torrington through our Almshouses and Affordable housing. We also provide financial support for individuals, groups and charities through our grants and bursaries.
Financial health, per its FY2025 accounts
The accounts state that total income was £357,829 while total expenditure increased to £439,604, resulting in a net reduction in funds of £1,288,832. Despite this reduction driven by investment losses, the charity reports remaining financially strong with total net assets of £9,722,872. The trustees confirm that unrestricted reserves are considered appropriate for the charity's size and complexity.
What the accounts disclose
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
“The Charity made payment of £2,500 (2024: £2,000) to Tarka Valley Railway. Mr D Smith was a trustee of both charities.” — page 28
“The Charity made payment of £3,414 (2024: £5,000) to Torrington Rugby Club. Mr M Hoare is the Chairman of the club.” — page 28
Trustees
- Paul David Cockmanchair
- Christopher Peter Stevens
- Dr Rosemary Ann Natalie Hedinsson
- Keeley Ellen Elizabeth Allin
- Lynne Goodman
- Martyn Andrew Hoare
- Rev Stephen Ronald Turner
- Richard Brian Charles Ferguson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £89k | £84k |
| 31/03/2024 | £73k | £122k |
| 31/03/2023 | £112k | £105k |
| 30/09/2021 | £76k | £47k |
| 30/09/2020 | £73k | £42k |
Common questions
Is GREAT TORRINGTON ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that total income was £357,829 while total expenditure increased to £439,604, resulting in a net reduction in funds of £1,288,832. Despite this reduction driven by investment losses, the charity reports remaining financially strong with total net assets of £9,722,872. The trustees confirm that unrestricted reserves are considered appropriate for the charity's size and complexity. Its FY2025 accounts were audited by Westcotts (SW) LLP.