Charity Accounts Intelreading the accounts so you don’t have to

MUNICIPAL CHARITIES

Registered charity 203516 · accounts filings on the Charity Commission register · also known as PLYMOUTH MUNICIPAL CHARITIES

The supervision of 16 Almshouse flats, for Ladies only, over 60 years of age, living in Plymouth with limited means.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£85k
Latest spending
£55k
Registered
1968
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds healthy unrestricted reserves of £406,637, which the trustees consider sufficient to meet ongoing obligations as a housing provider. The charity reported an operating loss of £18,945 for the year, which was offset by investment gains to result in a total comprehensive income of £1,027. The organization remains in a strong financial position with no current development plans or need for external borrowing.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Social housing contributions (100% of income)
“Turnover represents rental and service charges net of voids.”
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: to ensure the Charity can meet its ongoing obligations as housing provider and maintain the housing properties to appropriate living standards (held: £407k)
“Reserves are maintained to ensure the Charity can meet its ongoing obligations as housing provider and maintain the housing properties to appropriate living standards” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Plymouth City

Income and spending

Financial year endIncomeSpending
31/12/2025£85k£55k
31/12/2024£73k£86k
31/12/2023£68k£80k
31/12/2022£60k£109k
31/12/2021£64k£44k

Common questions

Is MUNICIPAL CHARITIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds healthy unrestricted reserves of £406,637, which the trustees consider sufficient to meet ongoing obligations as a housing provider. The charity reported an operating loss of £18,945 for the year, which was offset by investment gains to result in a total comprehensive income of £1,027. The organization remains in a strong financial position with no current development plans or need for external borrowing. Its FY2024 accounts were independently examined.