THE JOHN COLEY ALMSHOUSES
Providing accommodation for local people of limited means.
Objects
1) ALMSHOUSES, NOT TO EXCEED EIGHT IN NUMBER, FOR PERSONS RESIDENT IN SPILSBY DISTRICT FOR OVER FIVE YEARS, WHO ARE IN IMPECUNIOUS CIRCUMBSTANCES. 2) GRANTS TO PERSONS WHO HAVE RESIDED IN SPILSBY DISTRICT OR HAGNABY PARISH FOR OVER FIVE YEARS AND WHO ARE IN IMPECUNIOUS CIRCUMSTANCES. 3) GRANTS TO THE FOUNDERS DAUGHTERS, BROTHERS AND SISTERS AND THEIR DESCENDANTS IN NECESSITOUS CIRCUMSTANCES. 4) IF RESIDUE PERMITS, $25 FOR THE BENEFIT OF THE INHABITANTS OF THE HAMLET OF ABBOTS, SALFORD, FORMINGH PART OF THE PARISH OF SALFORD PRIORS, WARCS.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves (bank and cash balances) increased to £143,423.23 at year-end, supported by total monetary assets of £471,384.46. The charity reports being in full capacity with no material uncertainties or risks to its continuing operations disclosed.
What the accounts disclose
“Residents weekly maintenance contributions 32,810.00” — page 2
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
Trustees
- JAMES BARNARD BOULTON
- MARK TONG
- Malcolm Leonard Dales
- Richard Henry Richmond
- SUSAN OLIVER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £41k | £24k |
| 31/12/2024 | £39k | £17k |
| 31/12/2023 | £36k | £12k |
| 31/12/2022 | £38k | £6k |
| 31/12/2021 | £36k | £11k |
Common questions
Is THE JOHN COLEY ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves (bank and cash balances) increased to £143,423.23 at year-end, supported by total monetary assets of £471,384.46. The charity reports being in full capacity with no material uncertainties or risks to its continuing operations disclosed. Its FY2025 accounts were independently examined.
Charities like this
- HENRY HANLEY FOR ALMSHOUSES
- FOTHERBY ALMSHOUSE CHARITIES
- THE LOUISA LILLEY ALMSHOUSES
- LULLINGTON, NETHERSEAL AND OVERSEAL ALMSHOUSE CHARITY
- JOHN BOWLEY AND SHERWOOD ALMSHOUSES
- SAMPSON'S ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE JOHN COLEY ALMSHOUSES | £41k | — | 0 | unclear | — | no doubt |
| HENRY HANLEY FOR ALMSHOUSES | £45k | — | 0 | unclear | — | no doubt |
| FOTHERBY ALMSHOUSE CHARITIES | £31k | — | 0 | above | — | no doubt |
| THE LOUISA LILLEY ALMSHOUSES | £75k | — | — | unclear | — | no doubt |
| LULLINGTON, NETHERSEAL AND OVERSEAL ALMSHOUSE CHARITY | £16k | — | 0 | unclear | — | no doubt |
| JOHN BOWLEY AND SHERWOOD ALMSHOUSES | £139k | — | 0 | above | — | no doubt |