DOWSETT ALMSHOUSES
Affordable Almshouse housing for elderly and in need from the Borough of Southend.
Financial health, per its FY2025 accounts
The accounts state that the charity holds total net assets of £2,043,049, comprising restricted income funds of £30,869 and endowment funds of £652,180, alongside significant property revaluation reserves. The trustees report that the charity has sufficient funds to cover twelve months of expenses even without incoming income and expects reserves to rise in the coming year. The independent examiner confirmed that no matters came to their attention requiring further disclosure or indicating non-compliance with accounting standards.
What the accounts disclose
Trustees
- Cllr Nigel Folkardchair
- Emma Benitez
- Rev Daniel Stuart Gates
- Rev Sohail Ejaz
- STEPHEN EKINS
- Terence Wheeler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £39k | £23k |
| 31/03/2024 | £40k | £47k |
| 31/03/2023 | £38k | £32k |
| 31/03/2022 | £38k | £59k |
| 31/03/2021 | £41k | £46k |
Common questions
Is DOWSETT ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds total net assets of £2,043,049, comprising restricted income funds of £30,869 and endowment funds of £652,180, alongside significant property revaluation reserves. The trustees report that the charity has sufficient funds to cover twelve months of expenses even without incoming income and expects reserves to rise in the coming year. The independent examiner confirmed that no matters came to their attention requiring further disclosure or indicating non-compliance with accounting standards. Its FY2025 accounts were independently examined.