MARTHA WALKER ALMSHOUSES
The care and maintenance of the 6 terraced houses, as bequested by Martha Walker.
Latest income
£28k
Latest spending
£27k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves of £42,189 significantly exceed the charity's stated policy target of £6,900 (three months' unrestricted payments). The charity reported a small net fund movement of £332 for the year, with total receipts of £27,817 and total expenditure of £27,484.
What the accounts disclose
Largest income source: Tenants' rents (99% of income)
“Tenants’ rents for the period 01/01/2024 to 31/12/2024 were £27,460 which contributed to total receipts of £27,817.” — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted payments (held: £42k)
“It is Almshouses’ policy to try to maintain a balance on unrestricted funds that equates to at least three months’ unrestricted payments. This is equivalent to £6,900.” — page 1
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Eileen Anne Handley
- JONATHAN RICHARD KAYE
- THELMA COLLINS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £28k | £27k |
| 31/12/2023 | £24k | £3k |
| 31/12/2022 | £10k | £9k |
| 31/12/2021 | £23k | £9k |
| 31/12/2020 | £21k | £18k |
Common questions
Is MARTHA WALKER ALMSHOUSES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves of £42,189 significantly exceed the charity's stated policy target of £6,900 (three months' unrestricted payments). The charity reported a small net fund movement of £332 for the year, with total receipts of £27,817 and total expenditure of £27,484. Its FY2024 accounts were independently examined.