BATEMAN MEMORIAL ALMSHOUSES
Providing affordable housing for the elderly
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £360,223, an increase from the previous year, supported by net incoming resources of £4,397. The charity relies on financial support from its parent undertaking, Sanctuary Housing Association, to meet liabilities as they fall due, acknowledging that there is no certainty this support will continue. No specific reserves policy target is stated in the document.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £28k | £25k |
| 31/03/2024 | £26k | £15k |
| 31/03/2023 | £19k | £9k |
| 31/03/2022 | £21k | £11k |
| 31/03/2021 | £21k | £11k |
Common questions
Is BATEMAN MEMORIAL ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £360,223, an increase from the previous year, supported by net incoming resources of £4,397. The charity relies on financial support from its parent undertaking, Sanctuary Housing Association, to meet liabilities as they fall due, acknowledging that there is no certainty this support will continue. No specific reserves policy target is stated in the document. Its FY2025 accounts were audited by KPMG LLP.