MARGARET OGILVIE ALMSHOUSE CHARITY

Registered charity 211677 · accounts filings on the Charity Commission register · also known as MARGARET OGILVIE HOMES

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.

Area of benefit: COUNTY OF SUFFOLK

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Latest income
£27k
Latest spending
£13k
Registered
1962
Accounts read
FY2024

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.

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

What the accounts disclose

Largest income source: Rental Income (59% of income)
“Rental Income — Matron’s House 15,800.00” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Orwell Housing Association manages income/expenses; costs secured by Legal Charge.
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
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.