HOSPITAL OF WILLIAM BROWNE, MERCHANT
Alms House Accommodation scheme for elderly people, thirteen flats, 24 hour care line cover provided by local authority.The medieval buildings have a voluntary museum . The original chapel still offers residents and visitors Holy Communion monthly ( Normally the first Wednesday of each month at 10.00 AM). The two remunerated persons are the Clerk to the Trustees and Custodian/Caretaker
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves of £3,390,242 are more than sufficient to comply with the trustees' policy of maintaining between three and six months of unrestricted free reserves. The charity reports a net income surplus of £149,439 for the year, driven by significant investment gains and stable income from maintenance charges and investments.
What the accounts disclose
“The charity derives most of its income from investments and maintenance charges to almshouse residents.” — page 7
“The trustees consider that the charity should maintain between three and six months of unrestricted free reserves.” — page 7
“Donations totalling £nil (2023 - £4,000) were received during the year from trustees. There were no other related party transactions.” — page 21
Trustees
- Colin Bruce Henderson
- Councillor Andrew Croft
- David Wallington
- John Dawson Mr
- John Vincent Mitchell
- John Walter Sutcliffe
- MIRANDA ROCK
- Mark Walmsley
- Philip Robson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £148k | £143k |
| 31/12/2023 | £190k | £171k |
| 31/12/2022 | £108k | £94k |
| 31/12/2021 | £83k | £98k |
| 31/12/2020 | £74k | £128k |
Common questions
Is HOSPITAL OF WILLIAM BROWNE, MERCHANT financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted free reserves of £3,390,242 are more than sufficient to comply with the trustees' policy of maintaining between three and six months of unrestricted free reserves. The charity reports a net income surplus of £149,439 for the year, driven by significant investment gains and stable income from maintenance charges and investments. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £10k |
Charities like this
- ST NICHOLAS HOSPITAL
- THE JAMES LLOYD ALMSHOUSES
- THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM
- WIMBLEDON ENDOWED ALMSHOUSE CHARITY
- THE ABERFORD ALMSHOUSES
- MANNING AND ANDERDON ALMSHOUSES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOSPITAL OF WILLIAM BROWNE, MERCHANT | £148k | — | 0 | above | — | no doubt |
| ST NICHOLAS HOSPITAL | £313k | — | 0 | unclear | — | no doubt |
| THE JAMES LLOYD ALMSHOUSES | £233k | — | 0 | above | — | no doubt |
| THE HOSPITAL OF ST JOHN THE EVANGELIST AND OF ST ANNE IN OKEHAM | £1.2m | £70,001 - £80,000 | 1 | above | — | no doubt |
| WIMBLEDON ENDOWED ALMSHOUSE CHARITY | £196k | — | 0 | within | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |