ALLOTMENTS FOR LABOURING POOR
To provide allotments within the old Borough of Mansfield (ie prior to 1974)
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds decreased from £3,236,251 to £3,153,090 due to a net loss of £83,161, driven primarily by investment losses. The trustees note that the charity's ability to continue operating is subject to continued support from the bank. Total net assets stood at £4,587,578, comprising unrestricted funds of £3,153,090 and endowment funds of £1,434,488.
What the accounts disclose
“The trustees wish to maintain a level of reserves sufficient to enable repairs and additions to be carried out to the allotments and to give them the potential to further the aims of the charity by the addition of further premises or facilities if appropriate. The trustees are also mindful that they have no other regular source of income (excluding the contributions from the allotment tenants) and that they therefore need to maintain a sufficient level of reserves to generate a high enough level of income to ensure that they are always able to meet their outgoings.” — page 5
“The trustees continue to monitor the position closely however they believe that the charity can continue at its current level of activity subject to continued support from the bank and they therefore continue to adopt the going concern basis.”
“During the year ended 31 March 2024 the charity entered into related party transactions with a business run by the son of J Carter, the chairman of the charity. These were for site work on the allotments and the total for the year was £nil (2024 - £1,680). £nil was owing by the charity at 31 March 2025 (2024 £1,680). There are no further related party transactions to disclose.” — page 19
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- JOHN CARTERchair
- Elected Mayor Andrew ABRAHAMS
- Jane Beachus
- Lynne Henshaw
- MARTIN LEE
- Marion Bradshaw
- Nigel Paul Henshaw
- Paul Bradshaw JP
- Richard Tempest-Mitchell
- Susan Swinscoe
- TIMOTHY WHITWORTH
- Terry Clay
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £84k | £56k |
| 31/03/2024 | £2.0m | £38k |
| 31/03/2023 | £27k | £29k |
| 31/03/2022 | £27k | £29k |
| 31/03/2021 | £34k | £32k |
Common questions
Is ALLOTMENTS FOR LABOURING POOR financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds decreased from £3,236,251 to £3,153,090 due to a net loss of £83,161, driven primarily by investment losses. The trustees note that the charity's ability to continue operating is subject to continued support from the bank. Total net assets stood at £4,587,578, comprising unrestricted funds of £3,153,090 and endowment funds of £1,434,488. Its FY2025 accounts were independently examined.