WILLIAM HENRY KING'S ALMSHOUSES
Almshouses for the poor of Garstang.
Objects
ALMSHOUSES FOR AGED OR INFIRM PERSONS WHO ARE UNABLE TO MAINTAIN THEMSELVES BY THEIR OWN EXERTIONS.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £308,461, up from £273,982 in the prior year, driven by net income of £34,479. The trustees maintain a reserves policy of holding sufficient funds to cover one year of operating costs and property improvements. The trustees confirm adequate resources for at least 12 months of continued operational existence.
What the accounts disclose
“The trustees maintain its policy of maintaining sufficient reserves to meet operating costs for a year in advance, allowing property improvement to be undertaken when funds allow.” — page 3
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- John Ibison
- Michael John Grovenor Halford
- NORMAN HOWELL
- Paul John Ronson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £81k | £19k |
| 31/12/2024 | £47k | £23k |
| 31/12/2023 | £36k | £64k |
| 31/12/2022 | £35k | £22k |
| 31/12/2021 | £32k | £42k |
Common questions
Is WILLIAM HENRY KING'S ALMSHOUSES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £308,461, up from £273,982 in the prior year, driven by net income of £34,479. The trustees maintain a reserves policy of holding sufficient funds to cover one year of operating costs and property improvements. The trustees confirm adequate resources for at least 12 months of continued operational existence. Its FY2024 accounts were independently examined.