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THE DRAPERS' ALMSHOUSE CHARITY

Registered charity 209850 · accounts filings on the Charity Commission register · also known as QUEEN ELIZABETH'S COLLEGE

To give assistance to elderly poor people through the provision of sheltered almshouse accommodation, the upkeep of almshouse properties and estate, and the provision of social activities and other communal facilities and services for the benefit of the almshouse community.

Causes: Accommodation/housing · website · Get email alerts

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Total incoming resources increased from £1,494,541 to £1,577,732 reflecting a slight decrease in licence fees received from residents from £931,052 to £920,252, but an increase in service charges received from £300,100 to £358,375. Investment income interest receivable and other income also increased from £443,889 to £453,387.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
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).

Per its annual return, largest income source: Charitable activities (67% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

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?

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. Its FY2025 accounts were audited by Saffery LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
JOHN SWIRE 1989 CHARITABLE TRUST1£67k
THE FRANCIS WINHAM FOUNDATION1£31k
THE MERCERS CHARITABLE FOUNDATION1£15k
COVENTRY CHURCH (MUNICIPAL) CHARITIES1£14k
THE WILLIAM DELAFIELD CHARITABLE TRUST1£10k
THE HOBSON CHARITY LIMITED1£10k
THE BRITFORD BRIDGE TRUST1£5k
THE LESLIE MARY CARTER CHARITABLE TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CITY OF LONDON ALMSHOUSES.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THE DRAPERS' ALMSHOUSE CHARITY£1.6m—0above—no doubt
THE CITY OF LONDON ALMSHOUSES FY2025£480k—0above—no doubt
The Almshouse Association FY2025£1.2m——below—no doubt
ST NICHOLAS HOSPITAL FY2024£313k—0unclear—no doubt
THE ABERFORD ALMSHOUSES FY2025£177k—0above—no doubt
THE SKINNERS' ALMSHOUSE CHARITY FY2025£1.6m£60,001 - £70,0001unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.