THE FOUNDATION OF EDWARD STOREY
Almshouse provision and grant making
Financial health, per its FY2025 accounts
The accounts state that the charity recorded a net movement in funds of £161,038 for the year ended 31 March 2025, driven by an operating surplus of £241,737 which was partially offset by net investment losses of £80,699. Per the trustees' report, the charity remains financially strong with total net assets of £21,661,088, including unrestricted funds of £7,774,981, and maintains a reserves policy targeting 12-18 months of operating expenses.
What the accounts disclose
“It is considered prudent however for an element of free reserves of somewhere between 12-18 months of operating expenses to be held in order to guard against hostile operating conditions resulting in large unfavourable variances to income or costs.” — page 8
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (11/08/2025)
- Received assets from another charity (11/08/2025)
- Received assets from another charity (11/08/2025)
- Received assets from another charity (26/01/2019)
- Received assets from another charity (07/10/2014)
- Received assets from another charity (07/10/2014)
Trustees
- DR Antony Warrenchair
- CAROL LYON
- Helen Ruth Bond
- Martin Pierce
- Nicola Malthouse-Hobbs
- PATRICIA GAIL CLYNE CERT ED
- Richard Newman
- The Ven Hugh McCurdy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.4m |
| 31/03/2024 | £1.4m | £1.1m |
| 31/03/2023 | £1.2m | £968k |
| 31/03/2022 | £1.2m | £747k |
| 31/03/2021 | £1.4m | £1.5m |
Common questions
Is THE FOUNDATION OF EDWARD STOREY financially healthy?
Per its FY2025 accounts: The accounts state that the charity recorded a net movement in funds of £161,038 for the year ended 31 March 2025, driven by an operating surplus of £241,737 which was partially offset by net investment losses of £80,699. Per the trustees' report, the charity remains financially strong with total net assets of £21,661,088, including unrestricted funds of £7,774,981, and maintains a reserves policy targeting 12-18 months of operating expenses. Its FY2025 accounts were audited by Price Bailey LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £67k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £31k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £15k |
| COVENTRY CHURCH (MUNICIPAL) CHARITIES | 1 | £14k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £10k |
| THE HOBSON CHARITY LIMITED | 1 | £10k |
| THE WILLIAM DELAFIELD CHARITABLE TRUST | 1 | £10k |
| THE BRITFORD BRIDGE TRUST | 1 | £5k |
Charities like this
- THE JAMES LLOYD ALMSHOUSES
- HULL TRINITY HOUSE CHARITY
- The Almshouse Association
- THE ALMSHOUSES OF JOHN ISBURY AND JACOB HARDRETT
- MANNING AND ANDERDON ALMSHOUSES
- WESTMINSTER ALMSHOUSES FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FOUNDATION OF EDWARD STOREY | £1.6m | — | 0 | unclear | — | no doubt |
| THE JAMES LLOYD ALMSHOUSES | £233k | — | 0 | above | — | no doubt |
| HULL TRINITY HOUSE CHARITY | £4.2m | — | — | unclear | — | no doubt |
| The Almshouse Association | £1.2m | — | — | below | — | no doubt |
| THE ALMSHOUSES OF JOHN ISBURY AND JACOB HARDRETT | £103k | — | 0 | above | — | no doubt |
| MANNING AND ANDERDON ALMSHOUSES | £109k | — | 0 | unclear | — | no doubt |