IPSWICH FOUNDATION STREET CHARITIES
To provide independent living for older people in sheltered accommodation in the Borough of Ipswich
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £105,009 for the year ended 31 December 2024, contrasting with a surplus in the previous year. Total funds carried forward stood at £2,542,776, supported by significant fixed asset investments valued at £2,456,104. The trustees confirmed that accounting records were kept and accounts accorded with those records during the independent examination.
What the accounts disclose
Funders the charity credits
Trustees
- DAVID KNIGHTSchair
- Alan Richard Grant
- DRINDA PEARCE
- Luke Harvey
- MARY YOUNG
- MRS JO BANTHORPE
- MRS ROSY DODDS
- NORMAN JAMES HAINES
- Roger Gilles
- TOBY POUND
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £277k | £382k |
| 31/12/2023 | £304k | £246k |
| 31/12/2022 | £267k | £182k |
| 31/12/2021 | £254k | £255k |
| 31/12/2020 | £248k | £242k |
Common questions
Is IPSWICH FOUNDATION STREET CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £105,009 for the year ended 31 December 2024, contrasting with a surplus in the previous year. Total funds carried forward stood at £2,542,776, supported by significant fixed asset investments valued at £2,456,104. The trustees confirmed that accounting records were kept and accounts accorded with those records during the independent examination. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| IPSWICH SCHOOL FOUNDATION | 1 | £559k |
| The Belstead Ganzoni Charitable Settlement | 1 | £2k |
Charities like this
- THE IPSWICH INSTITUTE READING ROOM AND LIBRARY
- IPSWICH SCHOOL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF IPSWICH ST JOHN THE BAPTIST WITH ST ANDREW
- Ipswich Town Foundation
- IPSWICH SCHOOL FOUNDATION
- RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| IPSWICH FOUNDATION STREET CHARITIES | £277k | — | 0 | unclear | — | no doubt |
| THE IPSWICH INSTITUTE READING ROOM AND LIBRARY | £560k | — | 0 | unclear | — | no doubt |
| IPSWICH SCHOOL | £26.1m | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF IPSWICH ST JOHN THE BAPTIST WITH ST ANDREW | £344k | Under £60,000 | 0 | unclear | — | no doubt |
| Ipswich Town Foundation | £3.1m | — | — | unclear | — | no doubt |
| IPSWICH SCHOOL FOUNDATION | £559k | — | 0 | below | — | no doubt |