MARSHFIELD CONSOLIDATED CHARITIES

Registered charity 204281 · accounts filings on the Charity Commission register · also known as THE ALMSHOUSES

Almshouses providing affordable accommodation for local elderly people

Objects

1)THE COST OF REPAIRS AND INSURANCE,AND ALL OTHER CHARGES AND OUTGOINGS PAYABLE IN RESPECT OF THE PROPERTY OF THE CHARITIES,AND ALL THE PROPER COSTS,CHARGES,AND EXPENSES OF AND INCIDENTAL TO THE ADMINISTRATION AND MANAGEMENT OF THE CHARITIES,SHALL BE FIRST DEFRAYED BY THE TRUSTEES OUT OF THE INCOME THEREOF 2)THE TRUSTEES SHALL OUT OF THE SAID INCOME APPLY A YEARLY SUM OF ú5 IN FORMING A FUND FOR APPRENTICING A DESERVING AND NECESSITOUS BOY RESIDENT IN THE PARISH OF MARSHFIELD 3)SUBJECT TO THE PAYMENTS AFORESAID THE TRUSTEES SHALL APPLY THE INCOME OF THE CHARITIES FOR THE BENEFIT OF THE ALMSPEOPLE OF THE CHARITIES OR ANY OF THEM IN SUCH MANNER AS THE TRUSTEES THINK FIT FROM TIME TO TIME

Area of benefit: MARSHFIELD

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · Get email alerts

Latest income
£54k
Latest spending
£30k
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £31,516 for the year ended 31 December 2024, an improvement from the previous year's deficit. The trustees maintain a reserves policy targeting a minimum balance of £20,000, with actual unrestricted reserves significantly exceeding this at £624,918. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Largest income source: Maintenance contributions receivable (88% of income)
“Maintenance contributions receivable 41,946” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: minimum balance of £20,000 (held: £625k)
“The Trustees budget to set aside reserves according to the Almshouse Association's recommendations and will maintain a minimum balance of £20,000 for the upkeep of the buildings.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Homes England. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: South Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£54k£30k
31/12/2023£49k£82k
31/12/2022£95k£29k
31/12/2021£42k£30k
31/12/2020£40k£36k

Common questions

Is MARSHFIELD CONSOLIDATED CHARITIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a surplus of £31,516 for the year ended 31 December 2024, an improvement from the previous year's deficit. The trustees maintain a reserves policy targeting a minimum balance of £20,000, with actual unrestricted reserves significantly exceeding this at £624,918. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.