THE POWELL AND WELCH ALMSHOUSE CHARITY
As a modern Almshouse Charity we provide affordable housing in a rural area for local people who are in need. Our Residents are elderly people of limited means who are accepted as Almshouse Residents due to their circumstances and their inability to fund a home from their own resources.
Objects
ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WHO FROM AGE, ILL-HEALTH, ACCIDENT OR INFIRMITY ARE UNABLE TO MAINTAIN THEMSELVES BY THEIR OWN EXERTIONS: SPOUSES OR PARTNERS ARE ELIGIBLE FOR APPOINTMENT, PROVIDED BOTH ARE QUALIFIED AS AFORESAID.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £27,902 and holds total funds of £518,306, comprising property, investments, and cash. The Treasurer reports a healthy financial position with sufficient reserves to meet future liabilities, although a quinquennial inspection is due which may require additional expenditure. The charity is exempt from audit and has no outstanding loans.
What the accounts disclose
“Income from maintenance contributions was £46,745” — page 5
Policies the charity declares
- 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
- Risk management
- Safeguarding policy and procedures
- Trustee conflicts of interest policy and procedures
Funders the charity credits
- National Lottery Community Fund
Trustees
- Adrian Foster
- Bridget Higgins
- Kathryn Jane Edwards
- Tim Adams
- Tony Kenton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £55k | £27k |
| 31/12/2024 | £55k | £18k |
| 31/12/2023 | £47k | £52k |
| 31/12/2022 | £48k | £25k |
| 31/12/2021 | £50k | £23k |
Common questions
Is THE POWELL AND WELCH ALMSHOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £27,902 and holds total funds of £518,306, comprising property, investments, and cash. The Treasurer reports a healthy financial position with sufficient reserves to meet future liabilities, although a quinquennial inspection is due which may require additional expenditure. The charity is exempt from audit and has no outstanding loans. Its FY2025 accounts were independently examined.