THE SPON LANE TRUST ALMSHOUSES
Providing affordable housing for the elderly
Objects
ALMSHOUSES FOR (1) POOR PERSONS OF 60 YEARS OF AGE AND OVER AND SUBJECT THERETO (2) POOR PERSONS WITH A PREFERENCE FOR THOSE WHO ARE NOT LESS THAN 50 YEARS OF AGE
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £586,758, an increase from the previous year's £548,792. The trustees report that the charity relies on financial support from its parent group, Sanctuary Housing Association, acknowledging that there is no certainty this support will continue, though they currently have no reason to believe it will not.
What the accounts disclose
“During the year, the Charity paid the Trustee £9,112 (2024: £8,678) in the form of a management fee. Members of the Committee of Management receive salaries in their capacity as employees of the ultimate parent undertaking, Sanctuary Housing Association.” — page 17
“During the year, the Charity paid the Trustee £9,112 (2024: £8,678) in the form of a management fee. Members of the Committee of Management receive salaries in their capacity as employees of the ultimate parent undertaking, Sanctuary Housing Association.” — page 17
“However, a recharge is made by the Charity undertaking, Sanctuary Housing Association, in respect of a warden who works part-time on the scheme. For the year ended 31 March 2025 this amounted to £2,809 (2024: £2,989).”
“During the year, the Charity paid the Trustee £9,112 (2024: £8,678) in the form of a management fee. Members of the Committee of Management receive salaries in their capacity as employees of the ultimate parent undertaking, Sanctuary Housing Association.” — page 17
“However, a recharge is made by the Charity undertaking, Sanctuary Housing Association, in respect of a warden who works part-time on the scheme. For the year ended 31 March 2025 this amounted to £2,809 (2024: £2,989).”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- 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
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £93k | £42k |
| 31/03/2024 | £81k | £47k |
| 31/03/2023 | £74k | £29k |
| 31/03/2022 | £70k | £24k |
| 31/03/2021 | £71k | £49k |
Common questions
Is THE SPON LANE TRUST ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £586,758, an increase from the previous year's £548,792. The trustees report that the charity relies on financial support from its parent group, Sanctuary Housing Association, acknowledging that there is no certainty this support will continue, though they currently have no reason to believe it will not. Its FY2025 accounts were audited by KPMG LLP.