HIBBERT ALMSHOUSE CHARITY
The charity was established in 1869 to manage the Hibbert Almshouses, established in 1858 by Sarah and Mary Ann Hibbert for the elderly of the ancient parish of Clapham.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £76,070, which is below its stated policy target of £50,000 for general reserves (Note: The text says 'aims to hold General Reserves of £50,000' but the actual unrestricted funds are £76,070. Wait, let's re-read reserves policy. 'The charity aims to hold General Reserves of £50,000'. Actual Unrestricted Funds are £76,070. So it is ABOVE the policy. However, Note 15a shows 'General Fund' at £51,082 and other unrestricted reserves. Total Unrestricted is £76,070. The policy target is £50,000. So reserves are above policy. The charity has a loan of £145,257 and a surplus for the year of £3,298 after interest costs. The trustees confirm no material uncertainties regarding going concern.
What the accounts disclose
“The charity aims to hold General Reserves of £50,000 representing twelve months average operating costs less Major Works costs based on the last two years results”
“Donations were received from trustees in 2024/25 of £850 (2023 £185,528) including Income Tax recoverable. There were no other related party transactions.” — page 15
Structured financials (annual return, FY ending 31/12/2022)
Trustees
- Hibbert Almshouse Trustee Limited
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £95k | £98k |
| 31/12/2023 | £234k | £65k |
| 31/12/2022 | £536k | £63k |
| 31/12/2021 | £370k | £44k |
| 31/12/2020 | £276k | £32k |
Common questions
Is HIBBERT ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £76,070, which is below its stated policy target of £50,000 for general reserves (Note: The text says 'aims to hold General Reserves of £50,000' but the actual unrestricted funds are £76,070. Wait, let's re-read reserves policy. 'The charity aims to hold General Reserves of £50,000'. Actual Unrestricted Funds are £76,070. So it is ABOVE the policy. However, Note 15a shows 'General Fund' at £51,082 and other unrestricted reserves. Total Unrestricted is £76,070. The policy target is £50,000. So reserves are above policy. The charity has a loan of £145,257 and a surplus for the year of £3,298 after interest costs. The trustees confirm no material uncertainties regarding going concern. Its FY2025 accounts were independently examined.