COLLINS MEMORIAL TRUST
The Charity is an Almshouse providing 45 properties for occupation by older people in Chandlers Ford, Hampshire.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £182,726 for the year ended 31 March 2025, with total unrestricted revenue reserves of £2,446,962. The trustees confirmed that the charity has adequate resources to continue its operations for the foreseeable future, adopting the going concern basis. The charity holds no debt or loans, having repaid all borrowings, and maintains short-term investments of £1,212,237.
What the accounts disclose
“The Regulator of Social Housing (RSH) has during 2025 reviewed Anchor’s compliance with the Governance and Financial Viability Standard and concluded that Anchor did not meet the governance requirements and significant improvement is needed, specifically in relation to its risk and control framework.” — page 3
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £496k | £327k |
| 31/03/2024 | £473k | £321k |
| 31/03/2023 | £406k | £298k |
| 31/03/2022 | £351k | £246k |
| 31/03/2021 | £397k | £267k |
Common questions
Is COLLINS MEMORIAL TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £182,726 for the year ended 31 March 2025, with total unrestricted revenue reserves of £2,446,962. The trustees confirmed that the charity has adequate resources to continue its operations for the foreseeable future, adopting the going concern basis. The charity holds no debt or loans, having repaid all borrowings, and maintains short-term investments of £1,212,237. Its FY2025 accounts were audited by BDO LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE F GLENISTER WOODGER TRUST CIO | 1 | £71k |
| THE BASSIL SHIPPAM AND ALSFORD TRUST | 1 | £52k |
Charities like this
- THE SHANDFORD TRUST
- THE COLMAN INSTITUTE
- THE FLOOD CHARITY
- DONNINGTON HOUSE CARE HOME LIMITED
- THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST
- THE VICTORIA ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COLLINS MEMORIAL TRUST | £496k | — | 0 | unclear | — | no doubt |
| THE SHANDFORD TRUST | £125k | — | 0 | unclear | — | no doubt |
| THE COLMAN INSTITUTE | £112k | — | 0 | above | — | no doubt |
| THE FLOOD CHARITY | £117k | — | 0 | unclear | — | no doubt |
| DONNINGTON HOUSE CARE HOME LIMITED | £2.0m | — | — | above | — | no doubt |
| THE CHARLOTTE BONHAM-CARTER CHARITABLE TRUST | £194k | — | 0 | above | — | no doubt |