HENRY POAD
The trustee's objective is and remains the provision and maintenance of the almshouses for persons in need who are resident in the parish of Menheniot. The overwhelming majority of applicants for houses or apartments are retired persons. However, the trustees consider applications from younger single persons or from residents out with the parish to maintain continuity of occupation.
Financial health, per its FY2025 accounts
The accounts state that the Trust's financial position significantly improved during FY 2025, ending with a current account balance of £25,100.71 against total income of £58,627.06 and expenditure of £45,657.23. The trustees report that the Trust is ahead of target to recover from previous necessary sales of investment units and has maintained a policy of accumulating financial holdings to withstand potential loss of properties. Per the trustees' report, the Trust has continued to improve its financial position through prudent management of resources despite inflationary pressures on repair costs.
What the accounts disclose
“Contribution for FY 2025 (Equivalent of Rental Income) £57,219.71”
“It is Trust policy to accumulate a financial holding equating to 1.5 times the Trust’s current annual income, viz: approximately £90,000.00.” — page 6
Trustees
- STEPHEN PEARCEchair
- CHRISTOPHER DELBRIDGE
- Celia Maddever
- EVELYN ANN EASTERBROOK
- JENNIE HARRISON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £59k | £46k |
| 31/12/2024 | £63k | £50k |
| 31/12/2023 | £89k | £84k |
| 31/12/2022 | £68k | £45k |
| 31/12/2021 | £78k | £62k |
Common questions
Is HENRY POAD financially healthy?
Per its FY2025 accounts: The accounts state that the Trust's financial position significantly improved during FY 2025, ending with a current account balance of £25,100.71 against total income of £58,627.06 and expenditure of £45,657.23. The trustees report that the Trust is ahead of target to recover from previous necessary sales of investment units and has maintained a policy of accumulating financial holdings to withstand potential loss of properties. Per the trustees' report, the Trust has continued to improve its financial position through prudent management of resources despite inflationary pressures on repair costs.