THE HOLYBOURNE COMPLIN TRUST
Provision of three almshouses for poor aged persons of good character living in Holybourne and Neatham. Residents contribute a weekly sum towards maintenance of the almshouses, without causing hardship. Vacancies are advertised and applications for appointment are made to trustees. Each year the trustees make gifts of money to people in Holybourne and Neatham who are elderly or in need or hardship
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased significantly to £1,511,626, driven largely by net gains on investments of £379,589. The trustees report that resources are adequate to meet liabilities as they fall due, with no material uncertainties identified regarding the charity's ability to continue as a going concern.
What the accounts disclose
“It is the trustees policy to maintain a balance of unrestricted funds to cover the provision of emergency funding for the residents of Holybourne and Neatham who are elderly or in need. A reserve fund is also maintained to carry out major repairs or improvements to the charity's properties.” — page 3
Trustees
- Cllr James Vollerchair
- Caroline Wallis
- Cherry Elizabeth Dowsett
- PHILIP JAMES SHARPE
- Rev David Chattell
- Sarah Bennett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £26k | £21k |
| 31/12/2023 | £26k | £17k |
| 31/12/2022 | £22k | £18k |
| 31/12/2021 | £22k | £29k |
| 31/12/2020 | £18k | £18k |
Common questions
Is THE HOLYBOURNE COMPLIN TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased significantly to £1,511,626, driven largely by net gains on investments of £379,589. The trustees report that resources are adequate to meet liabilities as they fall due, with no material uncertainties identified regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.