HENRY POAD

Registered charity 205574 · accounts filings on the Charity Commission register · also known as HENRY POAD TRUST

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.

Causes: Accommodation/housing · Get email alerts

Latest income
£59k
Latest spending
£46k
Registered
1962
Accounts read
FY2025

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.

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

What the accounts disclose

Largest income source: Contributions/Rent (98% of income)
Contribution for FY 2025 (Equivalent of Rental Income) £57,219.71
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: 1.5 times current annual income (approx £90,000) (held: £25k)
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
Per its FY2025 accounts as filed with the Charity Commission.

Discloses 3 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Cornwall

Income and spending

Financial year endIncomeSpending
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.