MUNICIPAL CHARITIES
The objects of the Charity are to provide accommodation to ladies of the town of Romsey or those having close relatives in the area and who are in need at the time of assessment.In order to achieve this, the Charity owns, maintains and lets nine accommodation units. The Trustees regularly visit the residents to ensure they are not experiencing any problems.
Objects
SEE INDIVIDUAL CONSTITUENTS
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus for the year and holds total funds of £915,866. The trustees consider the level of free reserves to be appropriate given the age and condition of the charity’s properties. There are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Claire Wisechair
- Chris Birkett Mr
- David Bloomfield
- John Critchley
- KATHERINE ALLEN
- MRS ELIZABETH MARKS
- Stephen George
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £52k | £41k |
| 31/12/2023 | £275k | £32k |
| 31/12/2022 | £32k | £39k |
| 31/12/2021 | £31k | £60k |
| 31/12/2020 | £32k | £20k |
Common questions
Is MUNICIPAL CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus for the year and holds total funds of £915,866. The trustees consider the level of free reserves to be appropriate given the age and condition of the charity’s properties. There are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.
Charities like this
- MARY BELLAMY
- YOUTH IN ROMSEY
- MUNICIPAL CHARITIES
- RIVERSIDE ESTUARY LIMITED
- ALMSHOUSE CHARITIES
- EMILY BENTLEY HOMES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MUNICIPAL CHARITIES | £52k | — | 0 | unclear | — | no doubt |
| MARY BELLAMY | £25k | — | 0 | unclear | — | no doubt |
| YOUTH IN ROMSEY | £205k | — | 0 | unclear | — | noted |
| MUNICIPAL CHARITIES | £85k | — | — | unclear | — | no doubt |
| RIVERSIDE ESTUARY LIMITED | £5.6m | — | 0 | unclear | — | no doubt |
| ALMSHOUSE CHARITIES | £87k | — | 0 | above | — | no doubt |