THE JAMES TOMKINSON MEMORIAL COTTAGES TRUST
PROVISION OF SOCIAL HOUSING
Objects
THE TRUSTEE SHALL FIRST DEFRAY OUT OF THE INCOME OF THE CHARITY THE COST OF MAINTAINING THE PROPERTY OF THE CHARITY (INCLUDING THE REPAIR AND INSURANCE OF ANY BUILDINGS THEREON) AND ALL OTHER CHARGES AND OUTGOINGS PAYABLE IN RESPECT THEREOF AND ALL THE PROPER COSTS, CHARGES AND EXPENSES OF AND INCIDENTAL TO THE ADMINISTRATION AND MANAGEMENT OF THE CHARITY. :- FOR FURTHER DETAILS SEE SCHEME
Financial health, per its FY2025 accounts
The accounts state that the charity achieved an operating surplus of £18,173, driven by increased rental income and reduced maintenance costs. Per the trustees' report, total unrestricted reserves stood at £227,967, comprising £202,807 in fixed assets and £25,162 in free reserves. The trustees confirmed adequate resources to continue operations on a going concern basis.
What the accounts disclose
“Jigsaw Homes North is the corporate trustee of The James Tomkinson Memorial Cottages Trust. During the year the charity paid management fees of £2,600 (2024: £2,600) to Jigsaw Homes North. At the year end the balance owed to Jigsaw Homes North was £125 (2024: £Nil) and balance owed to Jigsaw Homes Group was £1,406 (2024: £Nil)” — page 14
Policies the charity declares
- Complaints handling
- Conflicting interests
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
Funders the charity credits
- Homes England
Trustees
- Jigsaw Homes North
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £29k | £18k |
| 31/03/2024 | £26k | £13k |
| 31/03/2023 | £25k | £16k |
| 31/03/2022 | £24k | £7k |
| 31/03/2021 | £24k | £7k |
Common questions
Is THE JAMES TOMKINSON MEMORIAL COTTAGES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved an operating surplus of £18,173, driven by increased rental income and reduced maintenance costs. Per the trustees' report, total unrestricted reserves stood at £227,967, comprising £202,807 in fixed assets and £25,162 in free reserves. The trustees confirmed adequate resources to continue operations on a going concern basis. Its FY2025 accounts were independently examined.