UNITED ALMSHOUSE CHARITIES
Provides Accommodation for the elderly in need in the parish of St. Peter's St. Albans
Latest income
£42k
Latest spending
£31k
Registered
1963
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,692,087, which is well above the trustees' stated policy target of a minimum £80,000. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties identified.
What the accounts disclose
Reserves policy: a minimum of £80,000 in unrestricted funds (held: £1.7m)
“The trustees aim to keep a minimum of £80,000 in unrestricted funds which has been achieved throughout the year.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: 11 Related Party Transactions
“During the year, the charity made payments totalling £3,281 (2023: £3,434) to the Parochial Church Council of the Ecclesiastical Parish of St Peter's, St Albans. These payments were for the provision of charity administrator salary costs, which relate to a number of administrative hours provided by the church administrator and subsequently recharged to the charity. The Parochial Church Council of the Ecclesiastical Parish of St Peter's, St Albans is considered a related party as Richard Butler and Mark Waller are mutual trustees serving on both the council and the charity's board.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- MARK EDMUND WALLERchair
- Katarina Mary Rudlin
- MIKE LANGSTON
- Paul Benjamin Dean
- RICHARD WILLIAM BUTLER
- Rev MARK CHRISTOPHER DEARNLEY
- Richard Sales
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £42k | £31k |
| 31/12/2023 | £43k | £29k |
| 31/12/2022 | £28k | £53k |
| 31/12/2021 | £29k | £25k |
| 31/12/2020 | £29k | £12k |
Common questions
Is UNITED ALMSHOUSE CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £1,692,087, which is well above the trustees' stated policy target of a minimum £80,000. The trustees confirmed that resources are adequate to continue as a going concern with no material uncertainties identified. Its FY2024 accounts were independently examined.