EDMONTON UNITED CHARITIES

Registered charity 206089 · accounts filings on the Charity Commission register

The provision of almshouse accomodation for single persons of retirement age who have been resident in the London Borough of Enfield for at least five years preceding application.

Objects

THE OBJECTS OF THE CHARITY ARE FOR THE BENEFIT OF THE PUBLIC WITHIN THE AREA OF BENEFIT:A) THE RELIEF OF POVERTY OR HARDSHIP BY THE PROVISION AND MAINTENANCE OF ALMSHOUSE ACCOMMODATION;B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS OF THE ALMSHOUSES AS THE CHARITY TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT; ANDC) THE PROVISION OF SUCH FINANCIAL ASSISTANCE TO YOUNG PERSONS UNDER THE AGE OF 21 AND RESIDENT IN THE AREA OF BENEFIT WHO ARE PREPARING FOR, ENTERING UPON, OR ENGAGED IN, ANY TRADE, OCCUPATION, OR SERVICE, FOR THEIR ADVANCEMENT IN LIFE AND TO ENABLE THEM BETTER TO EARN THEIR OWN LIVING, AS THE CHARITY TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION THINK FIT.IN THIS CONSTITUTION THE AREA OF BENEFIT SHALL MEAN THE LONDON BOROUGH OF ENFIELD.

Area of benefit: LONDON BOROUGH OF ENFIELD

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

£56k

Latest spending

£48k

Registered

1962

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a net surplus of £55,929 for the year, with total unrestricted funds rising to £862,355. However, the trustees have not prepared the financial statements on a going concern basis because the charity intends to dissolve and transfer its assets to a new Charitable Incorporated Organisation within the next 12 months.

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

What the accounts disclose

Reserves policy: £50,000 (held: £613k)

“The Trustees target free reserves of £50,000, which is approximately 12 months of expenditure.” — page 5

Per its FY2024 accounts as filed with the Charity Commission.

Going concern: accounts NOT prepared on a going-concern basis (closing, merging or winding up)

“Due to the intention to dissolve the Charity, and the expectation that this will be completed within the next 12 months, the financial statements have not been prepared on the going concern basis.”

Per its FY2024 accounts as filed with the Charity Commission.

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

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.

Bullying and harassment policy and procedures
Campaigns and political activity policy and procedures
Complaints handling
Complaints policy and procedures
Engaging external speakers at charity events policy and procedures
Financial reserves policy and procedures
Internal charity financial controls policy and procedures
Internal risk management policy and procedures
Investing charity funds policy and procedures
Investment
Risk management
Safeguarding policy and procedures
Serious incident reporting policy and procedures
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Register events

Received assets from another charity (28/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Received assets from another charity (13/06/2024) — per the register’s event history; asset transfers typically record mergers or reorganisations.

Trustees · trustee networks

Colin Martin Rickard · trustee of 1 other charity
Councillor Mahym Bedekova · trustee of 1 other charity
Councillor Pat Gregory
Nigel Leonard Boreham
Peter Wilson

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

Operates in: Enfield

Income and spending

Financial year end	Income	Spending
31/12/2024	£56k	£48k
31/12/2023	£48k	£53k
31/12/2022	£45k	£37k
31/12/2021	£44k	£42k
31/12/2020	£44k	£48k

Common questions

Is EDMONTON UNITED CHARITIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £55,929 for the year, with total unrestricted funds rising to £862,355. However, the trustees have not prepared the financial statements on a going concern basis because the charity intends to dissolve and transfer its assets to a new Charitable Incorporated Organisation within the next 12 months. Its FY2024 accounts were independently examined.