MACKRELL'S CHARITY
Provide social housing for elderly people
Objects
ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WHO ARE NOT LESS THAN 50 YEARS OF AGE AND WHO ARE RESIDENT IN THE URBAN DISTRICT OF NEWTON ABBOT.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £979,534.61, with the unrestricted general fund covering between one and two years of expenditure. The charity reported a surplus for the year, and investments held in an unrestricted designated fund for extraordinary repairs increased in valuation to £1,011,562.
What the accounts disclose
“Residents maintenance payments 130,084.85” — page 6
“The Trustees aim to maintain a balance on the unrestricted general fund of the Charity of at least one year’s annual expenditure.” — page 4
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
Trustees
- Dan Farrell-Wright
- Dr PAUL JOYCE
- Katy Farrell-Wright
- MRS M BATTEN
- Olivia Michelle Downes
- Stella Ann Llewellyn
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £201k | £167k |
| 31/12/2023 | £178k | £122k |
| 31/12/2022 | £132k | £163k |
| 31/12/2021 | £126k | £164k |
| 31/12/2020 | £134k | £153k |
Common questions
Is MACKRELL'S CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds total £979,534.61, with the unrestricted general fund covering between one and two years of expenditure. The charity reported a surplus for the year, and investments held in an unrestricted designated fund for extraordinary repairs increased in valuation to £1,011,562. Its FY2024 accounts were independently examined.