WARWICK UNITED CHARITY
The provision and maintenance of Almshouses within the town of Warwick.
Objects
TO PROVIDE ALMSHOUSES FOR (A) ONE POOR PERSON RESIDENT IN THE ECCLESIASTICAL PARISH OF ST. NICHOLAS, WARWICK FOR NOT LESS THAN 3 YEARS. (B) POOR, AGED PERSONS RESIDENT IN THE TOWN OF WARWICK FOR NOT LESS THAN 2 YEARS. SUBJECT THERETO THE TRUSTEES SHALL APPLY THE INCOME FOR RELIEF IN NEED OF PERSONS RESIDENT IN THE TOWN OF WARWICK. (SEE SCHEME FOR FURTHER DATAILS)
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £488,454, with a stated policy target of holding around £25,000 in unrestricted cash reserves for emergency repairs. The charity reports adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
“Given the nature of the charity's activities, the trustees believe it is appropriate to hold around £25,000 as unrestricted cash reserves to meet the costs of emergency repairs that could arise at any time.”
“In 2023 Moore & Tibbits, a company in which a Trustee of the Charity is a director, invoiced the charity £900 for legal fees and disbursements in relation to the sale of land and buildings held in fixed assets.”
Policies the charity declares
- Complaints policy and procedures
- 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
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
Property (HM Land Registry)
Trustees
- Janet Christine HONNORATYchair
- ATKINSON, JOHN
- Ann Millicent Lettis
- Cllr Paul Wightman
- Daniel Philip Browne
- Edward Alan KIBBLER
- Graham Guthrie SUTHERLAND
- Marilyn Joy Bolton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £86k | £66k |
| 31/12/2024 | £75k | £54k |
| 31/12/2023 | £110k | £49k |
| 31/12/2022 | £69k | £77k |
| 31/12/2021 | £173k | £77k |
Common questions
Is WARWICK UNITED CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £488,454, with a stated policy target of holding around £25,000 in unrestricted cash reserves for emergency repairs. The charity reports adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Its FY2024 accounts were independently examined.