WILLIAM BUCKWELL MEMORIAL ALMSHOUSES
operating almshouses
Financial health, per its FY2025 accounts
The accounts state that the charity maintains free reserves exceeding its policy target of nine months' expenditure. The trustees have assessed major risks and are satisfied that systems are in place to mitigate them. They also express a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Overall, the main income (from residents’ maintenance contributions) and direct costs, excluding Improvements, were similar to those in 2024.” — page 4
“It is the policy of the trustees to maintain a level of free reserves sufficient to cover 9 months' expenditure.” — page 5
Trustees
- Ayosola Segun
- Catherine Hearnden
- JACKIE ADDISON
- STUART HELLIER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £83k | £46k |
| 31/12/2024 | £76k | £37k |
| 31/12/2023 | £68k | £58k |
| 31/12/2022 | £68k | £26k |
| 31/12/2021 | £69k | £23k |
Common questions
Is WILLIAM BUCKWELL MEMORIAL ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity maintains free reserves exceeding its policy target of nine months' expenditure. The trustees have assessed major risks and are satisfied that systems are in place to mitigate them. They also express a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.