JACOB WRIGHT'S COTTAGES
Provision of 5 homes for older people in the village of Evenwood.
Financial health, per its FY2025 accounts
The charity reported a surplus of £4,198 for the year ended 31 December 2025, with unrestricted reserves increasing to £71,047. Total net assets stood at £141,613, supported by significant fixed asset investments valued at £100,940. The trustees confirmed the charity has adequate resources to continue as a going concern for at least 12 months.
What the accounts disclose
“Within Scheme No3, the assets ‘Kitchen new’ and ‘Bathroom new’ are currently being depreciated at the incorrect rates. Based on the calculations provided, ‘kitchen new’ would be fully depreciated over 60 years rather than 15 years, and ‘pathroom new over 80 years rather than 20.years” — page 26
Trustees
- BRIAN CARTERchair
- Ann Sanderson
- Barbara Ann Medhurst
- Cllr Robert Bolden
- DOROTHY PROUD
- Elise Ellie Pettit
- James Cosslett
- Margaret Houghton
- RAYMOND THOMPSON LAW
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £29k | £25k |
| 31/12/2024 | £28k | £27k |
| 31/12/2023 | £24k | £33k |
| 31/12/2022 | £22k | £26k |
| 31/12/2021 | £22k | £15k |
Common questions
Is JACOB WRIGHT'S COTTAGES financially healthy?
Per its FY2025 accounts: The charity reported a surplus of £4,198 for the year ended 31 December 2025, with unrestricted reserves increasing to £71,047. Total net assets stood at £141,613, supported by significant fixed asset investments valued at £100,940. The trustees confirmed the charity has adequate resources to continue as a going concern for at least 12 months. Its FY2025 accounts were independently examined.