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.
Objects
ALMSHOUSES FOR POOR PERSONS IN LOUGHTON OR NEIGHBOURING DISTRICTS OF 50 YEARS AND OVER, PREFERENCE BEING GIVEN TO PERSONS WHO HAVE ATTENDED THE LOUGHTON UNION CHURCH FOR 10 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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
Trustees
- Alan Beavis
- Kevin Campbell
- Lesley Wilson
- Linda Campbell
- Ramesh Modasia
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £27k | £20k |
| 31/03/2025 | £27k | £9k |
| 31/03/2024 | £26k | £24k |
| 31/03/2023 | £23k | £6k |
| 31/03/2022 | £23k | £4k |
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.