Hudson's and Storer's Charities
Almshouses and poor relief
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted funds of £37,555 against a loan liability of £25,000, resulting in net assets of £2,017,244. The trustees note that management of the let landed estate has been difficult due to tenant insolvencies, though solutions are reportedly in sight. The charity operates on a receipts and payments basis and holds significant restricted endowment funds.
What the accounts disclose
“Management of the let landed estate has been difficult, with insolvencies and squabbles amongst certain tenants. Solutions are in sight.” — page 2
Trustees
- BENJAMIN WILLIAM SHOULER
- CHARLOTTE SARAH BONSHOR
- Dr ROBIN JAMES BRYANT
- JOHN WILLIAM EASOM
- John Chatfeild-Roberts
- MARTIN PETER COE
- PETER WILLIAM EASOM
- Rev Simon Frederic SHOULER
- TIMOTHY WEBSTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £107k | £125k |
| 31/12/2023 | £117k | £213k |
| 31/12/2022 | £321k | £386k |
| 31/12/2021 | £94k | £251k |
| 31/12/2020 | £363k | £291k |
Common questions
Is Hudson's and Storer's Charities financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £37,555 against a loan liability of £25,000, resulting in net assets of £2,017,244. The trustees note that management of the let landed estate has been difficult due to tenant insolvencies, though solutions are reportedly in sight. The charity operates on a receipts and payments basis and holds significant restricted endowment funds. Its FY2024 accounts were independently examined.
Charities like this
- POORS CHARITIES
- HULL TRINITY HOUSE CHARITY
- THE FOUNDATION OF EDWARD STOREY
- MANNING AND ANDERDON ALMSHOUSES
- ST MARY MAGDALEN AND ST JOHN THE BAPTIST HOSPITALS CHARITY
- TURNER'S ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Hudson's and Storer's Charities | £107k | — | 0 | unclear | — | noted |
| POORS CHARITIES | £111k | — | 0 | unclear | — | no doubt |
| HULL TRINITY HOUSE CHARITY | £4.2m | — | — | unclear | — | no doubt |
| THE FOUNDATION OF EDWARD STOREY | £1.6m | — | 0 | unclear | — | no doubt |
| MANNING AND ANDERDON ALMSHOUSES | £109k | — | 0 | unclear | — | no doubt |
| ST MARY MAGDALEN AND ST JOHN THE BAPTIST HOSPITALS CHARITY | £109k | — | 0 | above | — | no doubt |