THE DRAPERS' ALMSHOUSE CHARITY

Registered charity 209850 · accounts filings on the Charity Commission register · also known as QUEEN ELIZABETH'S COLLEGE · listed website unreachable when last crawled

Get email alerts for this charity

Latest income
£1.6m
Latest spending
£2.5m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £6,039,647, with free reserves of £5,392,029, which the Trustee considers consistent with forecast repair and maintenance programmes. The Charity reported a net income of £72,947 for the year, supported by significant investment gains, and the Trustees have confirmed adequate resources to continue in operational existence.

What the accounts disclose

Related-party transaction: The Trustee of the Charity, The Drapers’ Company, acts as Trustee for six other charities, details of which are provided in Appendix C to the Trustee’s Report. Details of the dividend income received from The Drapers’ Charities Pooling Scheme is shown in Note 3.
The Trustee of the Charity, The Drapers’ Company, acts as Trustee for six other charities, details of which are provided in Appendix C to the Trustee’s Report. Details of the dividend income received from The Drapers’ Charities Pooling Scheme is shown in Note 3. — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Saffery LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/07/2025)

Total income
£1.6m
Total spending
£2.5m
Reserves (reported)
£5.4m
Employees
2

Reported reserves equal ~26.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: Throughout London

Income and spending

Financial year endIncomeSpending
31/07/2025£1.6m£2.5m
31/07/2024£1.5m£2.4m
31/07/2023£1.3m£1.2m
31/07/2022£1.5m£939k
31/07/2021£1.4m£1.2m

Common questions

Is THE DRAPERS' ALMSHOUSE CHARITY financially healthy?

The accounts state that unrestricted reserves stood at £6,039,647, with free reserves of £5,392,029, which the Trustee considers consistent with forecast repair and maintenance programmes. The Charity reported a net income of £72,947 for the year, supported by significant investment gains, and the Trustees have confirmed adequate resources to continue in operational existence. Its FY2025 accounts were audited by Saffery LLP.