HOMES OF BISHOP ROWLANDS

Registered charity 229443 · accounts filings on the Charity Commission register

Provision of housing for (i) the elderly (ii) the poor who live within the Diocese of Bangor. 4 flats are available.

Objects

ALMSHOUSES FOR POOR PERSONS RESIDENT IN THE AREA THE DIOCESE OF BANGOR PROVIDED THAT ON THE APPOINTMENT OF ALMSPEOPLE PREFERENCE SHALL BE GIVEN TO THE POOR MEN RESIDENT IN THE SAID AREA.

Area of benefit: DIOCESE OF BANGOR

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · website · Get email alerts

Latest income
£57k
Latest spending
£36k
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity holds unrestricted funds of £2,077,099 and total funds of £2,252,493, with cash at bank of £111,966. The trustees consider the financial position to be satisfactory, noting that income from rents and investments exceeded expenditure for the year. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: none
“Income received from rents and investments was £56,732 compared to £53,159 last year.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: the value of Fixed Assets plus a year's expenditure (held: £2.1m)
“The Trustees' objective is to maintain the equivalent of the value of Fixed Assets plus a year's expenditure as a general reserve.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Shared administration costs invoiced from Bangor Diocesan Board of Finance.
“During the year, £25,435 (2023 - £24,224) was invoiced from Bangor Diocesan Board of Finance to cover shared administration costs. At the year end £25,435 (2023 - £24,224) was still outstanding.” — page 15
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Gwynedd

Income and spending

Financial year endIncomeSpending
31/12/2024£57k£36k
31/12/2023£53k£36k
31/12/2022£50k£39k
31/12/2021£49k£34k
31/12/2020£46k£39k

Common questions

Is HOMES OF BISHOP ROWLANDS financially healthy?

Per its FY2024 accounts: The accounts state that the charity holds unrestricted funds of £2,077,099 and total funds of £2,252,493, with cash at bank of £111,966. The trustees consider the financial position to be satisfactory, noting that income from rents and investments exceeded expenditure for the year. The filing confirms there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.