ST JOSEPH'S ALMSHOUSES
The Charity exists to maintain and manage 10 almshouses in its ownership for poor persons of good character who are members of the Roman Catholic Church.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus for the year with unrestricted reserves totaling £877,002. The trustees consider these reserves adequate to maintain the almshouses and meet future building costs. The going concern basis was adopted as the board is content that a robust budget provides assurance for continuing operations.
What the accounts disclose
“The emoluments of the Clerk to the Trustees, who was also the highest paid member of key management, was as follows £6,000” — page 16
“Gross maintenance contributions from residents 77,280” — page 14
“Reserves are essential to maintain the fabric and services of the almshouses and will be related to the five-year surveys that will be carried out in future, as well as allowing for extraordinary expenses that could arise in future, given the age of the buildings. The Trustees consider the present reserves are adequate and will maintain the present reserves with an addition to meet building costs’ inflation. Setting aside annually the amounts greater than those advised by the National Association of Almshouses for Extraordinary Repairs, and Cyclical Maintenance will do this.” — page 5
Trustees
- Rev Shaun Middletonchair
- Mary Louise Benton
- Peter Abdo
- Richard Peter Harries
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £96k | £91k |
| 31/12/2024 | £91k | £82k |
| 31/12/2023 | £87k | £70k |
| 31/12/2022 | £78k | £60k |
| 31/12/2021 | £72k | £54k |
Common questions
Is ST JOSEPH'S ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus for the year with unrestricted reserves totaling £877,002. The trustees consider these reserves adequate to maintain the almshouses and meet future building costs. The going concern basis was adopted as the board is content that a robust budget provides assurance for continuing operations. Its FY2025 accounts were independently examined.
What does the highest-paid employee of ST JOSEPH'S ALMSHOUSES earn?
Per its FY2025 accounts, the highest-paid employee was in the £6,000 band.