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
Objects
1. FOR THE BENEFIT OF THE RESIDENTS IN THE ALMSHOUSES OF THE CHARITY OR ANY OF THEM IN SUCH MANNER AS THE TRUSTEES THINK FIT FROM TIME TO TIME. 2. FOR RELIEF IN NEED OF PERSONS RESIDENT IN THE AREA OF THE PARISHES HOLYBOURNE, NEATHAM AND ALTON AS CONSTITUTED ON THE 13 MAY 1932 WHO ARE IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS.
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
Policies the charity declares
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
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.