MEGGS' ALMSHOUSE CHARITY

Registered charity 234706 · accounts filings on the Charity Commission register

The Charity provides housing and support services to the elderly in almshouses in Upton Lane, east London.

Objects

1. ALMSHOUSES FOR POOR PERSONS WHO ARE INHABITANTS OF THE LONDON BOROUGH OF NEWHAM OR TOWER HAMLETS WITH A PREFERENCE FOR PERSONS QUALIFIED AS AFORESAID RESIDENT IN THE FORMER METROPOLITAN BOROUGH OF STEPNEY. 2. FOR THE BENEFIT OF THE RESIDENTS IN THE ALMSHOUSES.

Area of benefit: SEE OBJECTS.

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

Causes: Accommodation/housing · Get email alerts

Latest income
£99k
Latest spending
£202k
Registered
1964
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net deficit of £103,079 for the year ended 31 March 2025, resulting in total funds decreasing to £27,899. The trustees note that current reserves remain below their stated policy target of 12 months' operating costs, although they expect improvement following the completion of major fire alarm maintenance works. The charity also holds a significant cumulative debt of £312,178 owed to its managing agent, L&Q, which is to be repaid through future rental income deductions.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £28k; policy: 12 months' operating costs)
“Current reserves remain below this target” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 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: Newham

Income and spending

Financial year endIncomeSpending
31/03/2025£99k£202k
31/03/2024£70k£253k
30/06/2023£79k£52k
30/06/2022£78k£52k
30/06/2021£67k£51k

Common questions

Is MEGGS' ALMSHOUSE CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £103,079 for the year ended 31 March 2025, resulting in total funds decreasing to £27,899. The trustees note that current reserves remain below their stated policy target of 12 months' operating costs, although they expect improvement following the completion of major fire alarm maintenance works. The charity also holds a significant cumulative debt of £312,178 owed to its managing agent, L&Q, which is to be repaid through future rental income deductions. Its FY2025 accounts were independently examined.

Who funds MEGGS' ALMSHOUSE CHARITY?

Funders whose own accounts filings name MEGGS' ALMSHOUSE CHARITY as a grant recipient include THE WHITECHAPEL EDUCATIONAL FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE WHITECHAPEL EDUCATIONAL FOUNDATIONFY2024£300Governance cost / Statutory payment
THE WHITECHAPEL EDUCATIONAL FOUNDATIONFY2023£250Governance costs / Statutory payment