THE MILLS CHARITY
Provide for people in Framlingham and the surrounding area, assistance for those in need, hardship, or distress, provide and maintain the Almshouses and assist with other projects which are for the general benefit of the inhabitants of Framlingham and surrounding area.
Financial health, per its FY2026 accounts
The accounts state that the charity holds unrestricted reserves of £1,318,896 and total net assets of £11,149,643, supported by significant investment assets. Per the trustees' report, the charity has no formal reserves policy because its funding status is considered strong, and the trustees consider adequate resources are available to fund activities for the foreseeable future.
What the accounts disclose
“In the period £nil (2026: £nil) was donated to The Mills Educational Foundation. This Charity has the same Trustees as The Mills Charity.”
Structured financials (annual return, FY ending 31/01/2022)
Trustees
- Christopher John East
- Dr Ruth Bushaway
- James Richard Tanner
- James Robbins
- Jane Blore
- Paula Slater
- Philip Hurst
- Timothy Mark Perry Donsworth
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £421k | £359k |
| 31/01/2025 | £401k | £358k |
| 31/01/2024 | £393k | £246k |
| 31/01/2023 | £362k | £202k |
| 31/01/2022 | £606k | £342k |
Common questions
Is THE MILLS CHARITY financially healthy?
Per its FY2026 accounts: The accounts state that the charity holds unrestricted reserves of £1,318,896 and total net assets of £11,149,643, supported by significant investment assets. Per the trustees' report, the charity has no formal reserves policy because its funding status is considered strong, and the trustees consider adequate resources are available to fund activities for the foreseeable future. Its FY2026 accounts were audited by Ensors.
Charities like this
- WILLIAM LOVETT'S ALMSHOUSE CHARITY
- UNITED CHARITIES OF CAMBRIDGE
- THE EARL OF SOUTHAMPTON TRUST
- THOMAS PHILIPOT'S ALMSHOUSE CHARITY
- THE ODIHAM CONSOLIDATED CHARITIES
- THE FLOOD CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE MILLS CHARITY | £421k | — | 0 | unclear | — | no doubt |
| WILLIAM LOVETT'S ALMSHOUSE CHARITY | £491k | — | 0 | unclear | — | no doubt |
| UNITED CHARITIES OF CAMBRIDGE | £387k | — | 0 | above | — | no doubt |
| THE EARL OF SOUTHAMPTON TRUST | £181k | — | 0 | above | — | no doubt |
| THOMAS PHILIPOT'S ALMSHOUSE CHARITY | £379k | — | 0 | unclear | — | no doubt |
| THE ODIHAM CONSOLIDATED CHARITIES | £432k | — | 0 | above | — | no doubt |