BRIGHTER FUTURES ALMSHOUSE TRUST
HIGH QUALITY, SELF CONTAINED HOMES IN THE BOROUGH OF WALSALL FOR THE RELIEF OF POVERTY, HARDSHIP OR DISTRESS OF ITS RESIDENTS
Objects
(A) THE RELIEF OF POVERTY BY THE PROVISION OF HOUSING ACCOMMODATION FOR PERSONS WHO ARE IN NEED, HARDSHIP OR DISTRESS AND ARE RESIDENT IN THE AREA OF BENEFIT; AND(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £199,347, which include maintenance reserves established in line with National Association of Almshouses recommendations. Per the trustees' report, the charity is financially strong with a 30-year business plan indicating it is feasible for the foreseeable future, generating sufficient surplus to cover all obligations.
What the accounts disclose
“The Trust established maintenance reserves for extraordinary repairs, routine maintenance and cyclical maintenance in line with the National Association of Almshouses recommendations” — page 5
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- 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
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- BRIGHTER FUTURES HOUSING ASSOCIATION LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £92k | £59k |
| 31/03/2024 | £89k | £66k |
| 31/03/2023 | £80k | £53k |
| 31/03/2022 | £82k | £53k |
| 31/03/2021 | £80k | £50k |
Common questions
Is BRIGHTER FUTURES ALMSHOUSE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £199,347, which include maintenance reserves established in line with National Association of Almshouses recommendations. Per the trustees' report, the charity is financially strong with a 30-year business plan indicating it is feasible for the foreseeable future, generating sufficient surplus to cover all obligations. Its FY2025 accounts were independently examined.