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.

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.

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.