RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES

Registered charity 212828 · accounts filings on the Charity Commission register

Provision of Almshouse accommodation. Grant making to relieve sickness or need to persons resident in the City of Rochester

Objects

THE OBJECTS OF THE CHARITIES ARE: (1) THE RELIEF OF POVERTY OF PERSONS IN THE MEDWAY UNITARY AUTHORITY AREA, OR WHO IN THE OPINION OF THE TRUSTEES HAVE A LOCAL CONNECTION WITH THE MEDWAY UNITARY AUTHORITY AREA BY THE PROVISION AND MAINTENANCE OF SOCIAL HOUSING IN THE FORM OF ALMSHOUSE ACCOMMODATION; AND (2) THE RELIEF OF PEOPLE IN THE MEDWAY UNITARY AUTHORITY AREA WHO ARE IN NEED BY REASON OF FINANCIAL HARDSHIP OR OTHER DISADVANTAGE, IN SUCH WAYS AS THE TRUSTEES DETERMINE.

Area of benefit: CITY OF ROCHESTER

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 · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Medway, South East, England (from the postcode on the register)

Latest income
£379k
Latest spending
£27.4m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity transferred all assets and liabilities to a new charitable incorporated organisation (CIO) on 1 April 2025, ceasing its own operations. Per the trustees' report, unrestricted reserves were nil at year-end, falling below the stated policy target of maintaining between six months and one year's running costs. The independent auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“At 31 December 2025 the general reserves amounted to ENil (see note 20).” — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves Audit LLP. Discloses 4 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.

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Self-declared on the annual return for the financial year ending 31/12/2024

  • Employees paid over £60,000: 1 (£60,001–£70,000: 1)

Self-declared on the annual return for the financial year ending 31/12/2023

  • Employees paid over £60,000: 1 (£70,001–£80,000: 1)

Source: this charity’s annual returns on the Charity Commission register.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.5m
Total spending
£1.7m
Cost of raising funds
£409k
Reserves (reported)
£1.7m
Employees
26

Reported reserves equal ~12.1 months of spending — above the median for charities its size (median 7.2 months; benchmarks).

Per its annual return, cost of raising funds: 26.5% of total income — above the 90th percentile for charities its size (median 3.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Medway

Income and spending

Financial year endIncomeSpending
31/12/2025£379k£27.4m
31/12/2024£1.5m£1.7m
31/12/2023£1.4m£1.4m
31/12/2022£1.3m£1.3m
31/12/2021£1.2m£1.2m

Common questions

Is RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES financially healthy?

Per its FY2025 accounts: The accounts state that the charity transferred all assets and liabilities to a new charitable incorporated organisation (CIO) on 1 April 2025, ceasing its own operations. Per the trustees' report, unrestricted reserves were nil at year-end, falling below the stated policy target of maintaining between six months and one year's running costs. The independent auditors confirmed the financial statements give a true and fair view and identified no material uncertainties regarding going concern. Its FY2025 accounts were audited by Kreston Reeves Audit LLP.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with RICHARD WATTS CHARITIES CIO.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
RICHARD WATTS AND THE CITY OF ROCHESTER ALMSHOUSE CHARITIES£379k——below—no doubt
RICHARD WATTS CHARITIES CIO FY2025£28.1m——below—no doubt
CROOKHAM ALMSHOUSE CHARITY CIO FY2025£69k—0unclear—no doubt
ALMSHOUSE CHARITIES FY2025£114k——above—no doubt
ROSS CHARITY TRUSTEES ALMSHOUSES BRANCH FY2025£160k—0unclear—no doubt
NORMAN ALMSHOUSES CHARITY FY2025£30k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.