BEDFORD MORISON AND CORDERY ALMSHOUSE CHARITY

Registered charity 207042 · accounts filings on the Charity Commission register

Accomodation - Housing

Causes: Accommodation/housing · website · Get email alerts

Latest income
£95k
Latest spending
£163k
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds decreased from £3,725,429 to £3,110,470, driven by a significant revaluation loss on investments and charitable expenditure. Free reserves fell to £57,414, which the trustees confirm is in line with their policy target of covering three to six months of expenditure. The charity remains solvent with adequate resources to continue in operational existence.

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

What the accounts disclose

Reserves policy: three to six months expenditure (held: £57k)
“The Trustees aim is to maintain free reserves which cover three to six months expenditure” — page 6
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£95k£163k
31/12/2023£85k£63k
31/12/2022£70k£55k
31/12/2021£70k£55k
31/12/2020£66k£56k

Common questions

Is BEDFORD MORISON AND CORDERY ALMSHOUSE CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds decreased from £3,725,429 to £3,110,470, driven by a significant revaluation loss on investments and charitable expenditure. Free reserves fell to £57,414, which the trustees confirm is in line with their policy target of covering three to six months of expenditure. The charity remains solvent with adequate resources to continue in operational existence. Its FY2024 accounts were independently examined.