THE NANCY DERBYSHIRE TRUST
The trust owns six almshouses at St Silas Road, Blackburn, where it provides accommodation for the elderly residents. The trust has more recently acquired one additional property which is a flat at Fairhope Court Blackburn which was transferred to it from another Charity pursuant to an order of the Charity Commission and a resident has now been appointed to occupy this flat.
Objects
(1) ALMSHOUSES FOR POOR PERSONS OF GOOD CHARACTER WHO HAVE RESIDED WITHIN SEVEN MILES OF THE ALMSHOUSES BUILDINGS FOR AT LEAST FIVE YEARS. (2) ANY RESIDUE OF INCOME MAY BE DISTRIBUTED AMONGST POOR PERSONS HAVING QUALIFICATIONS SIMILAR TO THE ALMSPEOPLE.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds total £380,241, providing a significant buffer above the stated need to cover normal expenditure and maintain a contingency reserve. The charity reported a net incoming resource of £448 from charitable activities against £38,706 in expenditure, indicating that operational costs were largely covered by investment and rental income. The trustees confirmed adequate resources for the foreseeable future, with no material uncertainties identified.
What the accounts disclose
“Unrestricted funds are needed: © to produce investment income sufficient to cover the Trust’s normal level of expenditure and © to maintain a contingency reserve to safeguard the Trust in the event of unforeseen circumstances.”
Policies the charity declares
- Complaints handling
- 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
Register events
- Received assets from another charity (02/05/2014)
Trustees
- RICHARD BENTLEY PRESTchair
- ADAM JAMES BROMLEY
- David Wilson Kemp
- John Paul Dignan
- Sonya Ann Jolly
- Valerie Margaret Edge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £38k | £39k |
| 31/12/2023 | £38k | £12k |
| 31/12/2022 | £31k | £24k |
| 31/12/2021 | £26k | £14k |
| 31/12/2020 | £27k | £6k |
Common questions
Is THE NANCY DERBYSHIRE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds total £380,241, providing a significant buffer above the stated need to cover normal expenditure and maintain a contingency reserve. The charity reported a net incoming resource of £448 from charitable activities against £38,706 in expenditure, indicating that operational costs were largely covered by investment and rental income. The trustees confirmed adequate resources for the foreseeable future, with no material uncertainties identified. Its FY2024 accounts were independently examined.