BABINGTON'S CHARITY

Registered charity 220069 · accounts filings on the Charity Commission register · also known as REV JOHN BABINGTON'S CHARITY

For the benefit of persons resident in the Parish of Cossington, Leicestershire who are in need, hardship or distress or for further education, or for the general or individual benefit of the inhabitants of the parish.

Objects

(1)TO LET THE PROPERTIES BELONGING TO THE CHARITY TO PERSONS THE TRUSTEES CONSIDER TO BE IN FINANCIAL NEED, AT LESS THAN MARKET VALUE. (2)TO MAINTAIN THE PROPERTIES. (3)SUBJECT TO THE PAYMENT OF THE EXPENSES AFORESAID:- (A)IN RELIEVING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE PARISH OF COSSINGTON WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS. (1)THE TRUSTEES MAY PAY FOR SUCH ITEMS, SERVICES OR FACILITIES BY WAY OF DONATIONS OR SUBSCRIPTIONS TO INSTITUTIONS OR ORGANISATIONS WHICH PROVIDE OR WHICH UNDERTAKE IN RETURN TO PROVIDE SUCH ITEMS, SERVICES OR FACILITIES FOR SUCH PERSONS. (2)IN EXCEPTIONAL CASES THE TRUSTEES MAY GRANT RELIEF TO PERSONS OTHERWISE ELIGIBLE THEREFOR WHO ARE RESIDENT IMMEDIATELY OUTSIDE THE SAID PARISH BUT IN THE OPINION OF THE TRUSTEES OUGHT NEVERTHELESS FOR SUFFICENT REASON TO BE TREATED AS IF RESIDENT THEREIN OR WHO ARE LOCATED FOR THE TIME BEING WITHIN THAT PARISH. (B)IN OR TOWARDS PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY FOR COSSINGTON CHURCH OF ENGLAND SCHOOL AS MAY FROM TIME TO TIME BE AGREED BETWEEN THE TRUSTEES AND THE GOVERNORS OF THAT SCHOOL AFTER CONSULTATION WITH THE SAID AUTHORITY. (C)IN ASSISTING PERSONS WHO HAVE NOT ATTAINED THE AGE OF 25 YEARS RESIDENT IN THE PARISH OF COSSINGTON WHO ARE IN NEED OF FINANCIAL ASSISTANCE AND WHO ARE PREPARING FOR, ENTERING UPON OR ENGAGED IN ANY PROFESSION, TRADE OCCUPATION OR SERVICE, BY PROVIDING THEM WITH OUTFITS, OR BY PAYING FEES, TRAVELLING OR MAINTENANCE EXPENSES, OR BY SUCH OTHER MEANS FOR THEIR ADVANCEMENT IN LIFE OR TO ENABLE THEM TO EARN THEIR LIVING AS THE TRUSTEES THINK FIT. (D)IN OTHERWISE PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF SUCH PERSONS. (E)IF AND IN SO FAR AS THE INCOME IS NOT REQUIRED FOR USE AS AFORESAID THE TRUSTEES MAY APPLY THE SAME FOR ANY CHARITABLE PURPOSE FOR THE GENERAL OR INDIVIDUAL BENEFIT OF THE INHABITANTS OF THE SAID PARISH.

Area of benefit: COSSINGTON.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · Get email alerts

Latest income
£53k
Latest spending
£63k
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £740,645 at year-end, which is significantly above the stated policy target of holding a minimum of £11,000 for unexpected property maintenance. The charity reports a strong financial position with no material uncertainties affecting its ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: minimum of £11k (held: £741k)
“We aim to hold a minimum of £11k in reserve for unexpected property maintenance as per our financial policy.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

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

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: Leicestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£53k£63k
31/12/2023£51k£100k
31/12/2022£52k£39k
31/12/2021£47k£33k
31/12/2020£45k£40k

Common questions

Is BABINGTON'S CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £740,645 at year-end, which is significantly above the stated policy target of holding a minimum of £11,000 for unexpected property maintenance. The charity reports a strong financial position with no material uncertainties affecting its ability to continue as a going concern. Its FY2024 accounts were independently examined.