THE LLEWELLYN ALMSHOUSES
Provision of housing.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a surplus of £10,648 for the year ended 31 March 2025, with accumulated free reserves of £90,148. The trustees report that occupancy levels were lower than the previous year, resulting in increased rental voids and associated costs. The financial statements were prepared on a going concern basis, with the trustees confirming that future sources of funding are adequate for the charity's needs.
What the accounts disclose
“It is the policy of the Llewellyn Almshouses to maintain unrestricted funds, which are its free reserves. The Trustees have designated part of its reserves and earmarked them for a particular purpose such as extraordinary repairs and cyclical maintenance.” — page 5
“The collection of rent from tenants of Llewellyn Almshouses is overseen by officers of Tai Tarian Limited. Further, the day-to-day administration of the organisation is similarly managed and a charge of £16,659 was levied in the year by Tai Tarian Limited for these services.” — page 22
“The trustees delegate the day-to-day management of the property to Tai Tarian Limited.” — page 3
Trustees
- Cllr Andy Lodwigchair
- Cllr Wayne Carpenter
- Rev DAVID WATKIN LEWIS
- Rev LYNDA ELIZABETH NEWMAN
- Timothy Bowen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £61k | £54k |
| 31/03/2024 | £59k | £53k |
| 31/03/2023 | £49k | £47k |
| 31/03/2022 | £40k | £42k |
| 31/03/2021 | £39k | £43k |
Common questions
Is THE LLEWELLYN ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a surplus of £10,648 for the year ended 31 March 2025, with accumulated free reserves of £90,148. The trustees report that occupancy levels were lower than the previous year, resulting in increased rental voids and associated costs. The financial statements were prepared on a going concern basis, with the trustees confirming that future sources of funding are adequate for the charity's needs. Its FY2025 accounts were independently examined.