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.
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
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.