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
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
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.