THE LORD KITCHENER MEMORIAL HOMES TRUST
The purpose of the charity is to provide Almshouse accommodation for people who are in need and who live (or have lived) in the Borough of Medway, with preference given to those who have served in the Armed Forces and their dependents. Furthermore, the objects of the charity are such charitable purposes for the benefit of the residents as the trustee decides.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £17,917 for the year ended 31 March 2025, with total unrestricted funds of £492,501. The trustees confirm that resources are sufficient to continue operations, supported by the parent organization mhs homes limited and adequate reserves for property maintenance.
What the accounts disclose
“The target level of reserves is to ensure that sufficient funds are available to meet future repairs costs required to ensure the properties are well maintained.” — page 5
Trustees
- MHS HOMES LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £42k | £24k |
| 31/03/2024 | £45k | £20k |
| 31/03/2023 | £33k | £19k |
| 31/03/2022 | £35k | £19k |
| 31/03/2021 | £35k | £15k |
Common questions
Is THE LORD KITCHENER MEMORIAL HOMES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £17,917 for the year ended 31 March 2025, with total unrestricted funds of £492,501. The trustees confirm that resources are sufficient to continue operations, supported by the parent organization mhs homes limited and adequate reserves for property maintenance. Its FY2025 accounts were audited by BDO LLP.