BRADFORD TRADESMEN'S HOMES
Almshouse Charity providing housing for eligible persons aged 60+
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds total £492,876, with designated reserves of £672,276 and a permanent endowment of £306,783, resulting in total net assets of £1,471,937. The trustees report that income has covered expenditure and sufficient reserves exist to continue operations for over a year without additional income. The charity maintains a 92.42% occupancy rate and is undertaking ongoing renovation works to improve housing quality.
What the accounts disclose
“The Charity pursues a policy which endeavours to maintain unrestricted funds, which are the free reserves of the Charity, at a level that provides adequate cover for the routine cost of management, administration, support costs, cyclical maintenance and day to day repairs and to provide for future major expenditure of an extraordinary nature.” — page 7
Trustees
- Ian Mathieson Underwoodchair
- Beverley Craig
- JANE FIELDING CARTER
- Peter Alexander
- Peter Fahy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £237k | £301k |
| 31/05/2024 | £245k | £215k |
| 31/05/2023 | £224k | £196k |
| 31/05/2022 | £223k | £216k |
| 31/05/2021 | £230k | £188k |
Common questions
Is BRADFORD TRADESMEN'S HOMES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds total £492,876, with designated reserves of £672,276 and a permanent endowment of £306,783, resulting in total net assets of £1,471,937. The trustees report that income has covered expenditure and sufficient reserves exist to continue operations for over a year without additional income. The charity maintains a 92.42% occupancy rate and is undertaking ongoing renovation works to improve housing quality. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £51k |
| THE SIR TOM COWIE CHARITABLE TRUST | 1 | £30k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £21k |
| COVENTRY CHURCH (MUNICIPAL) CHARITIES | 1 | £14k |
| THE WILLIAM DELAFIELD CHARITABLE TRUST | 1 | £10k |
| THE HOBSON CHARITY LIMITED | 1 | £10k |
| THE LESLIE MARY CARTER CHARITABLE TRUST | 1 | £5k |
Charities like this
- THE ABERFORD ALMSHOUSES
- THE CITY OF LONDON ALMSHOUSES
- THE DRAPERS' ALMSHOUSE CHARITY
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
- The Almshouse Association
- SALISBURY CITY ALMSHOUSE AND WELFARE CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BRADFORD TRADESMEN'S HOMES | £237k | — | 0 | unclear | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THE DRAPERS' ALMSHOUSE CHARITY | £1.6m | — | 0 | above | — | no doubt |
| GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH | £460k | — | 0 | unclear | — | no doubt |
| The Almshouse Association | £1.3m | £100,001 - £110,000 | — | below | — | no doubt |