OVING ALMSHOUSE TRUST
The charity holds, maintains and administers the four almshouses which it owns in the parish of Oving, West Sussex, for the benefit of present and future occupants, who are aged or infirm persons of good character and (except in special cases approved by the charity commission) are resident in the parish at the time immediately prior to their occupancy.
Objects
PROVISION OF ALMSHOUSES FOR AGED OR INFIRM PERSONS OF GOOD CHARACTERS WHO ARE RESIDENT IN THE PARISH OF OVING.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an excess of expenditure over income of £298 for the year ended 31 December 2025. Total net assets stood at £89,341, which is above the stated financial reserve target of £40,000. The filing confirms that resources are adequate to continue operations without material uncertainty.
What the accounts disclose
“Maintenance contributions received 23,550” — page 5
“A minimum of £40,000 will be held, at all times, allowing a 3-year resources recovery period following a significant expenditure event.” — page 2
Policies the charity declares
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Trustee conflicts of interest policy and procedures
Trustees
- Alan Geoffrey Smith
- Anne Mary Bennett
- Anthony Barnard
- Anthony Michael Eastwood
- Matthew Pollard
- NEIL TERRINGTON LINFORD
- Ralph Godfrey
- Stephen Harry Guy Bennett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £26k | £27k |
| 31/12/2024 | £26k | £7k |
| 31/12/2023 | £24k | £7k |
| 31/12/2022 | £22k | £42k |
| 31/12/2021 | £20k | £3k |
Common questions
Is OVING ALMSHOUSE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an excess of expenditure over income of £298 for the year ended 31 December 2025. Total net assets stood at £89,341, which is above the stated financial reserve target of £40,000. The filing confirms that resources are adequate to continue operations without material uncertainty. Its FY2025 accounts were independently examined.