THE BACKHAM ALMSHOUSES
Backham Almshouses are for a man, a woman or a married couple, who have lived in the Borough of King's Lynn, for a total of twenty one years. Must be of pensionable age.
Objects
ALMSHOUSES FOR POOR OLD MARRIED COUPLES (LIVING TOGETHER), WIDOWS, WIDOWERS, SPINSTERS AND BACHELORS, NOT LESS THAN SIXTY YEARS OLD AND WHO HAVE RESIDED IN KING'S LYNN FOR AT LEAST TWENTY YEARS.
Financial health, per its FY2025 accounts
The charity reported a net income of £29,553 for the year ended 31 December 2025, resulting in total funds increasing to £193,484. The trustees confirmed that reserves were maintained at a level equivalent to between three and six months' expenditure, satisfying their stated policy. The accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £31k | £20k |
| 31/12/2024 | £22k | £29k |
| 31/12/2023 | £25k | £23k |
| 31/12/2022 | £25k | £16k |
| 31/12/2021 | £27k | £29k |
Common questions
Is THE BACKHAM ALMSHOUSES financially healthy?
Per its FY2025 accounts: The charity reported a net income of £29,553 for the year ended 31 December 2025, resulting in total funds increasing to £193,484. The trustees confirmed that reserves were maintained at a level equivalent to between three and six months' expenditure, satisfying their stated policy. The accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were independently examined.