THE FOUNDATION OF EDWARD STOREY

Registered charity 203653 · accounts filings on the Charity Commission register · also known as STOREY'S CHARITY

Almshouse provision and grant making

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

Latest income
£1.6m
Latest spending
£1.4m
Registered
1962
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 12-18 months of operating expenses (held: £7.8m)
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Price Bailey LLP. Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Foundation of Edward Storey — Deregistered, 1 registered location, last inspected 09/12/2019.charity number confirmed by CQC CQC record

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.6m
Total spending
£1.4m
Reserves (reported)
£7.8m
Employees
11

Reported reserves equal ~68.2 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (51% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE JAMES LLOYD ALMSHOUSES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE FOUNDATION OF EDWARD STOREY£1.6m—0unclear—no doubt
THE JAMES LLOYD ALMSHOUSES FY2025£233k—0above—no doubt
HULL TRINITY HOUSE CHARITY FY2025£4.2m——unclear—no doubt
The Almshouse Association FY2025£1.2m——below—no doubt
THE ALMSHOUSES OF JOHN ISBURY AND JACOB HARDRETT FY2024£103k—0above—no doubt
MANNING AND ANDERDON ALMSHOUSES FY2025£109k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.