GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
Financial health, per its FY2025 accounts
The accounts state that the charity holds total accumulated reserves of £3,448,216, comprising unrestricted funds of £3,414,181 and restricted funds of £34,035. The trustees note that reserves have increased significantly to fund a long-term plan for building new almshouses, while maintaining grant-giving activities. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“The Directors of the Corporate Trustee have an agreed policy to continue to increase reserves as they have a long-term plan to build new almshouses.” — page 9
“The Estate Charity of William Hatcliffe is considered by the trustees to be a related party. This charity is entitled to receive one half of the yearly income of that charity, and the amounts receivable are included in distributions as shown in Note 3. Amounts due at the end of the year are included in accrued income in Note 11. This charity also has the use of thirteen almshouses, with the appurtenances, on land situated on the north side of Tuskar Street, Greenwich. The freehold title of these properties is held by that charity and the tenancy is subject to the payment of the yearly sum of £9 to The Estate Charity of William Hatcliffe.” — page 25
Structured financials (annual return, FY ending 30/09/2023)
Trustees
- GREENWICH WILLIAM HATCLIFFE AND MISSES SMITH TRUSTEE LIMITED
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £460k | £210k |
| 30/09/2024 | £327k | £154k |
| 30/09/2023 | £553k | £152k |
| 30/09/2022 | £308k | £132k |
| 30/09/2021 | £234k | £250k |
Common questions
Is GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH financially healthy?
The accounts state that the charity holds total accumulated reserves of £3,448,216, comprising unrestricted funds of £3,414,181 and restricted funds of £34,035. The trustees note that reserves have increased significantly to fund a long-term plan for building new almshouses, while maintaining grant-giving activities. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by WP Audit Services LLP.
Who funds GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH?
Funders whose own accounts filings name GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH as a grant recipient include ESTATE CHARITY OF WILLIAM HATCLIFFE.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | FY2025 | £300k |
| ESTATE CHARITY OF WILLIAM HATCLIFFE | FY2024 | £300k |
| ESTATE CHARITY OF WILLIAM HATCLIFFE | FY2023 | £250k |
| ESTATE CHARITY OF WILLIAM HATCLIFFE | FY2022 | £250k |