RICHARD WHITAKER'S ALMSHOUSES
To provide rented accomodation to poor persons who were born in, or are inhabitants of Rossendale.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £64,244 for the year, increasing its unrestricted funds to £803,030. The trustees consider the charity to have adequate resources to continue in operational existence, adopting the going concern basis. No material uncertainties or risks to continuing operations are disclosed.
What the accounts disclose
“agreed that its policy should be to maintain sufficient income reserves to ensure the continued avoidance of net current liabilities and to provide sufficient liquid resources to meet both revenue and capital needs.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £64k | £25k |
| 05/04/2024 | £55k | £41k |
| 05/04/2023 | £52k | £33k |
| 05/04/2022 | £49k | £23k |
| 05/04/2021 | £45k | £36k |
Common questions
Is RICHARD WHITAKER'S ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £64,244 for the year, increasing its unrestricted funds to £803,030. The trustees consider the charity to have adequate resources to continue in operational existence, adopting the going concern basis. No material uncertainties or risks to continuing operations are disclosed. Its FY2025 accounts were independently examined.