THE ORMESBY ST MICHAEL TOWN LANDS
To support the needy of the Parish of Ormesby St. Michael, to maintain the fabric of the Church of Ormesby St. Michael and for general charitable purposes in the Parish.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus for the year, with total income exceeding total expenditure. Free reserves are held in investment funds and cash accounts, totaling approximately £197,835 at the end of the financial year. The trustees identified risks regarding tenant retention and coastal erosion but did not disclose any material uncertainties affecting going concern.
What the accounts disclose
“Our reserves are being mostly held in an investment fund with NFU Mutual over a 5 year return term, and transfer the remainder is held with COIF.” — page 1
“Trustee’s were informed that the title register to lands held by the trust are not entirely accurate.” — page 2
Trustees
- ALAN LANHAM
- EVELYN COOPER
- JOHN HIRST
- MARTIN HARPER
- RICHARD HIRST
- Victoria Allen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £57k | £46k |
| 31/10/2024 | £61k | £32k |
| 31/10/2023 | £93k | £46k |
| 31/10/2022 | £30k | £23k |
| 31/10/2021 | £34k | £10k |
Common questions
Is THE ORMESBY ST MICHAEL TOWN LANDS financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a surplus for the year, with total income exceeding total expenditure. Free reserves are held in investment funds and cash accounts, totaling approximately £197,835 at the end of the financial year. The trustees identified risks regarding tenant retention and coastal erosion but did not disclose any material uncertainties affecting going concern.