THE FENNELL MEMORIAL HOMES
Administers 4 flats in a listed victorian building in Bury St Edmunds.
Objects
ALMSHOUSES FOR RESPECTABLE MEN AND WOMEN IN REDUCED CIRCUMSTANCES.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted reserves of £1,066,269 and designated funds of £485,232 for maintenance and rebuilding, which the Trustees consider fully justified. The charity reported a net income of £26,975 for the year, supported by resident contributions and investment income, while managing significant property assets. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“Residents Contributions 221,368” — page 16
Policies the charity declares
- Bullying and harassment 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
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
Trustees
- Mark Merriamchair
- David Roberts
- Diane Hind
- Dr Elsie Hui
- George Chilvers
- George Edward James COCKRAM
- Graham Mothersole
- Gregory Luton
- HENRY REGINALD SALTMARSH FCA
- PAUL ANDREW KNIGHTS
- Peter Armitage
- Rev Christopher Robinson
- SIMON FRANCIS POTT FRICS
- The Very Revd Joseph Patricius Hawes
- VIRGINIA DEAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £28k | £17k |
| 31/12/2024 | £26k | £17k |
| 31/12/2023 | £25k | £16k |
| 31/12/2022 | £24k | £11k |
| 31/12/2021 | £23k | £11k |
Common questions
Is THE FENNELL MEMORIAL HOMES financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted reserves of £1,066,269 and designated funds of £485,232 for maintenance and rebuilding, which the Trustees consider fully justified. The charity reported a net income of £26,975 for the year, supported by resident contributions and investment income, while managing significant property assets. The auditors confirmed that the financial statements are prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by Chater Allan LLP.