LADY LUMLEY'S ALMSHOUSES
The charity is restricted to work within the Ecclesiastical Deanery of Pickering. Its main function is to provide housing accommodation for elderly people in housing need who are already resident in the area.
Financial health, per its FY2025 accounts
The accounts state that the charity reported an operating deficit of £23,738 and a net loss on investments of £13,836 for the year ended 31 March 2025. However, the charity achieved a surplus for the year of £11,011 due to significant interest and other income of £48,627. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Interest receivable and similar income Income from fixed assets and investments 48,627”
“None of the Trustees was paid any remuneration or expenses by the charity during the year (2024 - £Nil). At the date of these financial statements one Board member was a member of a related Local Parish Council. The Trustee concerned was not able to use his position to his commercial advantage. No Board members were tenants of the properties of the charity.” — page 18
Trustees
- Gill Garbuttchair
- Adrian Hamilton
- Christine Baxter
- DR JIM COPPACK
- JANIE DUDLEY SMITH
- Philip Asquith Cllr
- Rebecca Hetherton Cllr
- Rev David Barf
- Rev Robert G Barker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £93k | £68k |
| 31/03/2024 | £92k | £67k |
| 31/03/2023 | £91k | £74k |
| 31/03/2022 | £91k | £70k |
| 31/03/2021 | £87k | £71k |
Common questions
Is LADY LUMLEY'S ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported an operating deficit of £23,738 and a net loss on investments of £13,836 for the year ended 31 March 2025. However, the charity achieved a surplus for the year of £11,011 due to significant interest and other income of £48,627. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.