FELSTED ALMSHOUSE CHARITY
Housing provision
Objects
THE PROVISION OF ALMSHOUSES AT FELSTED, FOR POOR PERSONS OF GOOD CHARACTER WHO ARE OLD, IMPOTENT OR LAME.
Financial health, per its FY2025 accounts
The accounts state that free reserves stood at £412,090, which the Trustees believe is sufficient for their stated policy of holding up to ten times annual expenditure for major capital improvements. The charity reported a net movement in funds increase of £4,438 for the year, with total reserves of £459,474. The Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future.
What the accounts disclose
“It is the Trustees’ policy to hold unrestricted reserves to provide for continual improvement to the Almshouses, including making prudent provision of up to ten times annual expenditure to allow for major capital improvements to the properties as required for the safety, health and enjoyment of the occupants.”
Trustees
- FELSTED SCHOOL TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £53k | £49k |
| 31/03/2024 | £32k | £22k |
| 31/03/2023 | £31k | £18k |
| 31/03/2022 | £27k | £43k |
| 31/03/2021 | £31k | £8k |
Common questions
Is FELSTED ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that free reserves stood at £412,090, which the Trustees believe is sufficient for their stated policy of holding up to ten times annual expenditure for major capital improvements. The charity reported a net movement in funds increase of £4,438 for the year, with total reserves of £459,474. The Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future. Its FY2025 accounts were independently examined.