ALMSHOUSES OF MISS ANN HOPKINS SMITH

Registered charity 235609 · accounts filings on the Charity Commission register · also known as OLNEY ALMSHOUSES

Housing for elderly single females

Objects

PROVISION OF ALMSHOUSE FOR POOR AGED WIDOWS OR SPINSTERS PREFERENCE BEING GIVEN TO INHABITANTS OF THE PARISH OF OLNEY

Area of benefit: PARISH OF OLNEY

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
£71k
Latest spending
£39k
Registered
1964
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity's unrestricted reserves were £181,951 at the end of the year, with total net assets of £2,251,948. The trustees consider these reserves sufficient to sustain operations and have confirmed the financial statements are prepared on a going concern basis with adequate resources for the foreseeable future.

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

What the accounts disclose

Reserves policy: sufficient to sustain its operations should income-generating activities be curtailed unexpectedly over the forthcoming year (held: £182k)
“The trustees consider that the unrestricted reserves, at 31st December 2024 are sufficient to sustain its operations should income-generating activities be curtailed unexpectedly over the forthcoming year.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Clifford Roberts, Chartered Accountants. Discloses 4 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Homes England. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

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: Milton Keynes

Income and spending

Financial year endIncomeSpending
31/12/2024£71k£39k
31/12/2023£72k£48k
31/12/2022£66k£23k
31/12/2021£62k£25k
31/12/2020£59k£52k

Common questions

Is ALMSHOUSES OF MISS ANN HOPKINS SMITH financially healthy?

Per its FY2024 accounts: The accounts state that the charity's unrestricted reserves were £181,951 at the end of the year, with total net assets of £2,251,948. The trustees consider these reserves sufficient to sustain operations and have confirmed the financial statements are prepared on a going concern basis with adequate resources for the foreseeable future. Its FY2024 accounts were audited by Clifford Roberts, Chartered Accountants.