CHARITY OF ALDERMAN JAMES HICKSON
Upkeep of Almshouses in South Mimms (3/13ths of net income) and grant distribution (10/13ths of net income) to the Aldgate and Allhallows Foundation (charity registration 312500)
Financial health, per its FY2024 accounts
The accounts state that the charity has no unrestricted reserves and a policy to distribute all available net income each year. Per the trustees' report, the charity's total funds increased to £5,870,781, driven by significant gains on investment assets, while total expenditure was £101,490.
What the accounts disclose
“There were no employees during the year (2023: none).” — page 12
“The charity is charged for administration costs by the Brewers’ Company which is the Trustee of the charity. The contribution for the year ended 31 December 2024 was £21,986 (2023: £20,768).” — page 12
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £101k |
| 31/12/2023 | £90k | £94k |
| 31/12/2022 | £87k | £96k |
| 31/12/2021 | £83k | £85k |
| 31/12/2020 | £71k | £104k |
Common questions
Is CHARITY OF ALDERMAN JAMES HICKSON financially healthy?
Per its FY2024 accounts: The accounts state that the charity has no unrestricted reserves and a policy to distribute all available net income each year. Per the trustees' report, the charity's total funds increased to £5,870,781, driven by significant gains on investment assets, while total expenditure was £101,490. Its FY2024 accounts were independently examined.