SIR EDMUND TURNOR'S HOSPITAL
Providing almshouses accomodation for the elderly.
Objects
ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WITH PREFERENCE TO WIDOWS OF CLERGYMEN OF THE CHURCH OF ENGLAND AND TO WIDOWS AND WIDOWERS RESIDENT IN WRAGBY AT THE TIME OF APPOINTMENT.
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a net surplus of £35,514 for the year ended 31 December 2024, driven by incoming resources of £48,901 and total expenditure of £29,373. The charity holds total net assets of £484,775, comprising unrestricted funds of £336,421 and a designated reserve of £300,021 for future repairs. The trustees report that appropriate levels of general purpose reserves exist given the charity's ongoing cash requirements.
What the accounts disclose
“The Trustees confirm that appropriate levels of general purpose reserves exist, given the ongoing cash requirements of the Charity.” — page 10
Trustees
- Rev MARK HOLDENchair
- ELIZABETH STEPHENSON
- Janet Cannon
- John Bird
- Linda Westwood
- MARILYN THORNICROFT
- Rev James Campbell
- Rev SUSAN BRADLEY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £49k | £29k |
| 31/12/2023 | £37k | £43k |
| 31/12/2022 | £33k | £48k |
| 31/12/2021 | £32k | £52k |
| 31/12/2020 | £32k | £27k |
Common questions
Is SIR EDMUND TURNOR'S HOSPITAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved a net surplus of £35,514 for the year ended 31 December 2024, driven by incoming resources of £48,901 and total expenditure of £29,373. The charity holds total net assets of £484,775, comprising unrestricted funds of £336,421 and a designated reserve of £300,021 for future repairs. The trustees report that appropriate levels of general purpose reserves exist given the charity's ongoing cash requirements. Its FY2024 accounts were independently examined.