THE SEVENOAKS ALMSHOUSE CHARITY
The Sevenoaks Almshouse Charity offers accomodation to people who meet the guidelines for selection of residents. The area of benefit is the area administered by Sevenoaks District Council
Financial health, per its FY2024 accounts
The accounts state that total unrestricted funds increased to £832,322, supported by a net income of £85,760 and investment gains. The trustees report that finances remain healthy despite rising costs, with all almshouse properties fully occupied and maintenance charges unchanged for the year.
What the accounts disclose
“The Trustees maintain reserves for two purposes: - to be used for extraordinary repairs, improvements or rebuilding of the properties of the Charity,- to be used for regular repairs and maintenance of the properties.” — page 5
“During the year sums amounting to £6,905 (2023 - £23,702) were paid to a Trustee Mr A Pople in respect of professional fees.” — page 14
Trustees
- MR M BOLTONchair
- Dr Jean Merilyn Canet
- Felicity Broomby
- Helen Tebay
- JAMES LONDON
- Mark Stott
- Peter Stewart
- REV A MACLEAY
- Roger Best
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £224k | £168k |
| 31/12/2023 | £222k | £421k |
| 31/12/2022 | £225k | £100k |
| 31/12/2021 | £210k | £211k |
| 31/12/2020 | £208k | £204k |
Common questions
Is THE SEVENOAKS ALMSHOUSE CHARITY financially healthy?
Per its FY2024 accounts: The accounts state that total unrestricted funds increased to £832,322, supported by a net income of £85,760 and investment gains. The trustees report that finances remain healthy despite rising costs, with all almshouse properties fully occupied and maintenance charges unchanged for the year. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE APAX FOUNDATION | 1 | £45k |
| QUAKER HOUSING TRUST LIMITED | 1 | £15k |
Charities like this
- SEVENOAKS SCHOOL FOUNDATION
- THE WILKES ALMS CHARITY
- CONSOLIDATED ALMSHOUSE CHARITY OF SWANSCOMBE
- THE VICTORIA ALMSHOUSES
- CHELTENHAM ALMSHOUSES & AID CIO
- THOMAS PHILIPOT'S ALMSHOUSE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SEVENOAKS ALMSHOUSE CHARITY | £224k | — | 0 | above | — | no doubt |
| SEVENOAKS SCHOOL FOUNDATION | £5.5m | — | — | unclear | — | no doubt |
| THE WILKES ALMS CHARITY | £3.4m | — | 0 | unclear | — | no doubt |
| CONSOLIDATED ALMSHOUSE CHARITY OF SWANSCOMBE | £128k | — | 0 | unclear | — | no doubt |
| THE VICTORIA ALMSHOUSES | £225k | — | 0 | unclear | — | no doubt |
| CHELTENHAM ALMSHOUSES & AID CIO | £312k | — | 0 | unclear | — | no doubt |