THE ASHFORD ALMSHOUSE CHARITY
The object of the charity is to provide housing accommodation for poor persons of good character who are inhabitants of Ashford, Kent.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £2,963,544, supported by a net income of £59,955 driven by investment gains. The trustees maintain a reserves policy of at least three months of average expenditure, which is comfortably met by the current unrestricted fund balance. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“It is the charity's policy to maintain a balance of at least 3 months average expenditure in current accounts held at Lloyds, to meet its' day to day running costs.” — page 3
Trustees
- BERNARD JOSEPH DOMINIC HEYES
- CAROLINE SUSAN HANNAH
- Dr Clive John Hallett
- Elizabeth Evelyn Wright
- JEREMY KENNETH FOX
- Jonathan Douglas Hudson
- Mr L W Krause
- ROBERT AUSTYN BLOUNT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £70k | £51k |
| 31/12/2024 | £60k | £61k |
| 31/12/2023 | £64k | £51k |
| 31/12/2022 | £55k | £44k |
| 31/12/2021 | £47k | £66k |
Common questions
Is THE ASHFORD ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £2,963,544, supported by a net income of £59,955 driven by investment gains. The trustees maintain a reserves policy of at least three months of average expenditure, which is comfortably met by the current unrestricted fund balance. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were independently examined.