DR BABINGTONS ALMSHOUSE CHARITY

Registered charity 218754 · accounts filings on the Charity Commission register

almshouse charity

Causes: Accommodation/housing · Get email alerts

Latest income
£26k
Latest spending
£30k
Registered
1967
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net outgoing of resources for the year, resulting in a decrease in total fund balances from £276,064 to £272,750. The trustees maintain unrestricted funds to cover day-to-day running and emergency repairs, with the policy target defined as sufficient funds for these purposes rather than a specific monetary amount. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient funds to cover the management and administration of the day-to-day running and to be able to respond to any emergency repairs that may arise (held: £220k)
It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at such a level to provide sufficient funds to cover the management and administration of the day-to-day running and to be able to respond to any emergency repairs that may arise. — page 1
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/03/2025£26k£30k
31/03/2024£26k£28k
31/03/2023£23k£23k
31/03/2022£22k£18k
31/03/2021£22k£16k

Common questions

Is DR BABINGTONS ALMSHOUSE CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net outgoing of resources for the year, resulting in a decrease in total fund balances from £276,064 to £272,750. The trustees maintain unrestricted funds to cover day-to-day running and emergency repairs, with the policy target defined as sufficient funds for these purposes rather than a specific monetary amount. The independent examiner confirmed that no material matters came to their attention that would cause concern regarding the accounts. Its FY2025 accounts were independently examined.