MARGARET OGILVIE ALMSHOUSE CHARITY
Provision of Almshouses
Objects
ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WHO ARE OVER 55 YEARS OF AGE AND HAVE RESIDED IN THE COUNTY OF SUFFOLK FOR NOT LESS THAN THREE YEARS NEXT PRECEDING THE TIME OF THEIR APPOINTMENT. INCOME FOR UPKEEP OF THE ALMSHOUSES PAYMENT OF STIPENDS EXISTING PENSIONERS AND FOR BENEFIT OF ALMSPEOPLE IN THAT ORDER.
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted reserves of £135,540.33 at the end of the financial year, representing an increase from the previous year's balance. The trustees report that the charity is in a sound financial position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Rental Income — Matron’s House 15,800.00” — page 6
“A management agreement exists with Orwell Housing Association whereby all income and expenses, relating to the almshouses, were received, paid and managed by Orwell Housing Association, who in turn will put and maintain the Almshouses in good repair and the costs are secured by a Legal Charge.” — page 9
Policies the charity declares
- Complaints handling
- Internal charity financial controls policy and procedures
- Investment
- Risk management
Trustees
- ROBERT BRUCE CHALLINOR OGILVIEchair
- CHRISTOPHER PAUL BURRELL-SAWARD
- ERIC ATKINSON
- Frances Paul
- Hamish Ogilvie
- KATHERINE LINDSAY SHADBOLT
- PHILIP HENRY HARDIMAN
- SHELLEY GEORGETTE COWLIN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £27k | £13k |
| 31/12/2023 | £22k | £16k |
| 31/12/2022 | £19k | £8k |
| 31/12/2021 | £18k | £17k |
| 31/12/2020 | £18k | £10k |
Common questions
Is MARGARET OGILVIE ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted reserves of £135,540.33 at the end of the financial year, representing an increase from the previous year's balance. The trustees report that the charity is in a sound financial position with no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.