POOR'S AND TOWNS' CHARITIES
The object of the Poors Branch is the relief of persons in the area of benefit who are in need hardship or distress.The object of the Town Branch is a contribution to the church charity and the general benefit of the inhabitants of the area of benefit in such charitable ways as the trustees think fit.
Financial health, per its FY2024 accounts
The accounts state that total receipts increased significantly to £91,922 from £16,457 in the prior year, resulting in net receipts of £78,689. The trustees consider the financial position satisfactory and confirm the charity can meet all known obligations. Reserves stood at £130,761, with a policy of accumulating surplus revenue to provide greater benefit to beneficiaries.
What the accounts disclose
“The charity is funded by rental income and investment income.” — page 4
“The Trustees have agreed that they will seek beneficiaries, but that in the absence of suitable ones, surplus revenue may be retained as long as it is invested in accordance with recommendations how to ensure retention of the balance and protection against inflation as far as possible.” — page 5
Trustees
- JACKIE HOWARD
- Keith Arthurton
- OLIVER BERNEY
- ROSEMARY NEAVE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £92k | £13k |
| 31/12/2023 | £21k | £16k |
| 31/12/2022 | £17k | £28k |
| 31/12/2021 | £28k | £21k |
| 31/12/2020 | £17k | £12k |
Common questions
Is POOR'S AND TOWNS' CHARITIES financially healthy?
Per its FY2024 accounts: The accounts state that total receipts increased significantly to £91,922 from £16,457 in the prior year, resulting in net receipts of £78,689. The trustees consider the financial position satisfactory and confirm the charity can meet all known obligations. Reserves stood at £130,761, with a policy of accumulating surplus revenue to provide greater benefit to beneficiaries. Its FY2024 accounts were independently examined.