BRIGHTON AND HOVE ALMSHOUSE CHARITY
The Charity's principal objective is to provide accomodation within the almshouse for poor people of good character residing in the former County Borough of Brighton and Borough of Hove, now a Unitary Authority known as Brighton & Hove City Council.
Objects
THE PROVISION OF ALMSHOUSES.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £37,287 for the year ended 31 December 2024, resulting in a net movement in funds of £22,825. Per the trustees' report, unrestricted reserves of £133,207 are maintained at a level equivalent to between three and six months' expenditure, which the trustees consider sufficient to ensure the continuance of the trusts.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- KEREN HANCOXchair
- Dr Fiona Caroline Levack
- Maureen Elizabeth Winder
- Rev Daniel Millest
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £92k | £128k |
| 31/12/2023 | £96k | £104k |
| 31/12/2022 | £102k | £73k |
| 31/12/2021 | £102k | £60k |
| 31/12/2020 | £99k | £75k |
Common questions
Is BRIGHTON AND HOVE ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £37,287 for the year ended 31 December 2024, resulting in a net movement in funds of £22,825. Per the trustees' report, unrestricted reserves of £133,207 are maintained at a level equivalent to between three and six months' expenditure, which the trustees consider sufficient to ensure the continuance of the trusts. Its FY2024 accounts were independently examined.