LINCOLN ALMSHOUSES CHARITY
Provides almshouse accommodation for people in need of housing. Preference given to the poor of Loughton and those who have been members of Loughton Union Church for a period of ten years.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £17,644 for the year ended 31 March 2025, with total income of £26,933 and total expenditure of £24,371. Per the trustees' report, the charity maintains a working capital in an HSBC current account and holds over £100,000 in deposit accounts and investments to cover significant building repairs. The Almshouse Association issued a 'Good' health check for the properties during the year.
What the accounts disclose
Trustees
- Alan Beavis
- Kevin Campbell
- Lesley Wilson
- Linda Campbell
- Ramesh Modasia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £27k | £9k |
| 31/03/2024 | £26k | £24k |
| 31/03/2023 | £23k | £6k |
| 31/03/2022 | £23k | £4k |
| 31/03/2021 | £23k | £8k |
Common questions
Is LINCOLN ALMSHOUSES CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £17,644 for the year ended 31 March 2025, with total income of £26,933 and total expenditure of £24,371. Per the trustees' report, the charity maintains a working capital in an HSBC current account and holds over £100,000 in deposit accounts and investments to cover significant building repairs. The Almshouse Association issued a 'Good' health check for the properties during the year.