PAGE'S ALMSHOUSE CHARITY
The objectives of the charity continues to be the provision and maintenance of almshouses for two or more needy men and women as set out in the trust deed.
Financial health, per its FY2024 accounts
The charity reported a surplus of £32,055 for the year ended 31 December 2024, with total income of £46,160 and expenditure of £23,018. The trustees consider the level of unrestricted and designated reserves held to be appropriate, noting that income was sufficient to cover expenditure incurred. The financial statements were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity to maintain free reserves at a level which both generates sufficient income to meet annual expenditure commitments and provides the flexibility to respond to emergency needs as they arise, in addition to funding the planned refurbishment programme.” — page 6
“During the year, the trustees approved a donation of £3,000 towards the funeral costs of a former trustee. In addition, gifts totalling £102 were purchased for two trustees — one to mark a significant birthday, and the other as a token of appreciation upon resignation. (2023: No related party transactions were reported.)” — page 17
Trustees
- OWEN FRANCIS COLLINSchair
- Alison Mary Jamieson
- BRIAN FOSTER
- DAVID ARTHUR BATH
- ELSPETH STEWART ANTHONY
- ERIC ELONG-EBOLO
- IAN ROBERT MENZIES SCOTT
- Liz Lindsay
- MR ROB WILLIAMS
- MRS LENG AYLAND
- PETER BURROWS
- Paul Bentall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £46k | £23k |
| 31/12/2023 | £46k | £11k |
| 31/12/2022 | £41k | £16k |
| 31/12/2021 | £41k | £22k |
| 31/12/2020 | £39k | £14k |
Common questions
Is PAGE'S ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The charity reported a surplus of £32,055 for the year ended 31 December 2024, with total income of £46,160 and expenditure of £23,018. The trustees consider the level of unrestricted and designated reserves held to be appropriate, noting that income was sufficient to cover expenditure incurred. The financial statements were prepared on a going concern basis with no material uncertainties identified. Its FY2024 accounts were independently examined.