KING GEORGE V MEMORIAL HOUSES
To provide accommodation for older people who are in need and who have lived for at least two years in the Borough of Gillingham, Kent.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds amounted to £687,106, while the charity recorded a net movement in funds of (£27,773) due to an unfavorable investment movement and a deficit on social housing lettings. The trustees consider the level of maintenance reserves adequate and report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £72k | £88k |
| 31/03/2024 | £77k | £94k |
| 31/03/2023 | £71k | £61k |
| 31/03/2022 | £69k | £51k |
| 31/03/2021 | £66k | £48k |
Common questions
Is KING GEORGE V MEMORIAL HOUSES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds amounted to £687,106, while the charity recorded a net movement in funds of (£27,773) due to an unfavorable investment movement and a deficit on social housing lettings. The trustees consider the level of maintenance reserves adequate and report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.