Charity Accounts Intelreading the accounts so you don’t have to

CHARITY OF CHARLES COLLISON

Registered charity 209758 · accounts filings on the Charity Commission register

The adminstration of six almshouses in Hitchin, Hertfordshire and two almshouses in St Ippolytts, Hertfordshire.

Causes: Accommodation/housing · Get email alerts

Latest income
£42k
Latest spending
£49k
Registered
1962
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted funds were £584,637, which is in excess of the trustees' reserve policy target of covering one year's expenditure (£29,000) and the historical property valuation (£338,733). The trustees consider this level of reserves prudent to cover risks of unexpected repairs, noting that resources are sufficient to maintain charitable activities.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: cover the historical valuation of the properties of £338,733 and one year's expenditure (held: £585k)
“the trustees aim to have unrestricted reserves to cover the historical valuation of the properties of £338,733 and one year's expenditure. The estimated average yearly expenditure is £29,000.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Clerk to the trustees provided by John Shilcock Ltd
“Clerk to the trustees: M. W. Seaman-Hill (Provided by John Shilcock Ltd)”
“trustees have decided to retain an amount of funds with John Shilcock Ltd, in a clients account, as a repair fund” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Funds retained with John Shilcock Ltd
“Clerk to the trustees: M. W. Seaman-Hill (Provided by John Shilcock Ltd)”
“trustees have decided to retain an amount of funds with John Shilcock Ltd, in a clients account, as a repair fund” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Cash held by John Shilcock Ltd
“Clerk to the trustees: M. W. Seaman-Hill (Provided by John Shilcock Ltd)”
“trustees have decided to retain an amount of funds with John Shilcock Ltd, in a clients account, as a repair fund” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Hertfordshire

Income and spending

Financial year endIncomeSpending
31/12/2024£42k£49k
31/12/2023£40k£20k
31/12/2022£36k£26k
31/12/2021£33k£48k
31/12/2020£35k£23k

Common questions

Is CHARITY OF CHARLES COLLISON financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted funds were £584,637, which is in excess of the trustees' reserve policy target of covering one year's expenditure (£29,000) and the historical property valuation (£338,733). The trustees consider this level of reserves prudent to cover risks of unexpected repairs, noting that resources are sufficient to maintain charitable activities. Its FY2024 accounts were independently examined.