CHARLES AMHERST'S ALMSHOUSES
Maintenance of almshouses for elderly residents.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with an operating surplus of £21,454.38 and held total reserves of £148,516.35. The primary source of funds is identified as Weekly Maintenance Contributions received from residents, with liquid assets currently held in cash. The trustees note a future investment risk regarding the safety of growing the fund for future maintenance needs.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £33k | £12k |
| 31/03/2024 | £68k | £14k |
| 31/03/2023 | £27k | £18k |
| 31/03/2022 | £28k | £17k |
| 31/03/2021 | £28k | £18k |
Common questions
Is CHARLES AMHERST'S ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the financial year with an operating surplus of £21,454.38 and held total reserves of £148,516.35. The primary source of funds is identified as Weekly Maintenance Contributions received from residents, with liquid assets currently held in cash. The trustees note a future investment risk regarding the safety of growing the fund for future maintenance needs. Its FY2025 accounts were independently examined.