WILLIAM BUCKWELL MEMORIAL ALMSHOUSES
operating almshouses
Objects
ALMSHOUSES FOR POOR PERSONS RESIDENT AT THE TIME OF APPOINTMENT IN THE PARISH OF LINGFIELD OR THE AREA OF THE FORMER METROPOLITAN BOROUGH OF DEPTFORD BEING MARRIED COUPLES OF NOT LESS THAN 60 YEARS OF AGE; IN THE CASE OF A MARRIED COUPLE ONE OF THE PERSONS SO APPOINTED MAY BE AGED NOT LESS THAN 55 YEARS.THE TRUSTEES MAY, IN EXCEPTIONAL CIRCUMSTANCES APPOINT A RESIDENT WHO IS UNDER 60 OR 55 IN THE CASE OF MARRIED COUPLES BUT IS OTHERWISE QUALIFIED. THE NUMBER OF RESIDENTS APPOINTED UNDER EXCEPTIONAL CIRCUMSTANCES MIST NOT EXCEED ONE-THIRD OF THE NUMBER OF RESIDENTS AT ANY ONE TIME.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
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.