THE HAVEN OF REST
Almshouse Operator
Financial health, per its FY2024 accounts
The accounts state that total unrestricted reserves stood at £523,788 at the end of the year, an increase from the previous year's £483,753. The trustees report that this level of reserves is sufficient to undertake repairs and maintenance and to continue activities in the event of a significant drop in funding. The charity maintains a permanent endowment of £685,000, bringing total net assets to £1,208,788.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level sufficient to undertake repairs and maintenance requirements as they arise and accumulate funds in order to undertake major improvements and repairs from time to time.” — page 5
Trustees
- JOSEPHINE DAWN THOMASchair
- Cath Rowley
- IAN HANBURY WILLIAM THOMAS FCA
- JANE COTTRELL
- Mark Loader
- Yvie McGuckin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £56k | £44k |
| 31/12/2024 | £52k | £44k |
| 31/12/2023 | £48k | £36k |
| 31/12/2022 | £38k | £78k |
| 31/12/2021 | £55k | £83k |
Common questions
Is THE HAVEN OF REST financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted reserves stood at £523,788 at the end of the year, an increase from the previous year's £483,753. The trustees report that this level of reserves is sufficient to undertake repairs and maintenance and to continue activities in the event of a significant drop in funding. The charity maintains a permanent endowment of £685,000, bringing total net assets to £1,208,788. Its FY2024 accounts were independently examined.