STAMFORD MUNICIPAL ALMSHOUSE CHARITIES
Provision of Almshouse accommodation to poor persons of good character who (except in special cases to be approved by the Charity Commissioners) are to be resident in the Borough of Stamford at the time of appointment
Financial health, per its FY2024 accounts
The accounts state that the charity operates on a 'shoestring budget' with insufficient funds for desired refurbishments, though it maintains positive cash balances and unrestricted reserves of approximately £81,290. Per the trustees' report, the charity continues to seek financial help to maintain its properties, but there is no explicit statement of doubt regarding its ability to continue as a going concern.
What the accounts disclose
Trustees
- Councillor Andrew Croft
- HELEN ELSIE DRAKE
- JILL HUNTER
- John Dawson Mr
- Maureen Ann Jalili
- Michelle Anne Elizabeth Feasey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £96k | £64k |
| 31/12/2023 | £57k | £37k |
| 31/12/2022 | £50k | £129k |
| 31/12/2021 | £40k | £64k |
| 31/12/2020 | £38k | £39k |
Common questions
Is STAMFORD MUNICIPAL ALMSHOUSE CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that the charity operates on a 'shoestring budget' with insufficient funds for desired refurbishments, though it maintains positive cash balances and unrestricted reserves of approximately £81,290. Per the trustees' report, the charity continues to seek financial help to maintain its properties, but there is no explicit statement of doubt regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.