THE THOMAS WATSON COTTAGE HOMES

Registered charity 206515 · accounts filings on the Charity Commission register · also known as T W C H

Provides sheltered housing for past employees of freight industry

Causes: Accommodation/housing · Get email alerts

Latest income
£392k
Latest spending
£348k
Registered
1980
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity recorded a surplus of £52,126 for the year ended 31 December 2025, with total funds increasing to £4,714,404. The trustees report that unrestricted reserves of £198,393 exceed their stated policy target of at least six months of general expenditure. The charity does not engage in fundraising activities and relies on weekly maintenance contributions and investment income.

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

What the accounts disclose

Reserves policy: at least 6 months general expenditure (held: £198k)
“It is the Trustees' policy to maintain a balance on general reserves which equates to at least 6 months general expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Keelings Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£816k
Total spending
£660k
Reserves (reported)
£4.7m
Employees
3

Reported reserves equal ~84.9 months of spending — in the top quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Other (56% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2025£392k£348k
31/12/2024£816k£660k
31/12/2023£344k£406k
31/12/2022£326k£351k
31/12/2021£307k£282k

Common questions

Is THE THOMAS WATSON COTTAGE HOMES financially healthy?

Per its FY2025 accounts: The accounts state that the charity recorded a surplus of £52,126 for the year ended 31 December 2025, with total funds increasing to £4,714,404. The trustees report that unrestricted reserves of £198,393 exceed their stated policy target of at least six months of general expenditure. The charity does not engage in fundraising activities and relies on weekly maintenance contributions and investment income. Its FY2025 accounts were audited by Keelings Limited.