MR AND MRS GROVES DAMES' HOMES
The charity provides housing and facilities for up to 12 elderly ladies in 12 flats at 58-80 Mill Road, Deal. They pay the Trust towards the costs of repairs and maintenance and towards the heating costs. The charity's outgoings include heating (gas), repairs and maintenance, insurance, water rate and any necessary refurbishment costs when a flat is vacated.
Financial health, per its FY2024 accounts
The accounts state that the charity holds total assets of £64,297.20 as of the year ended 31 December 2024, with cash at bank and CCLA accounts comprising these funds. The treasurer reports that the charity is financially okay and expects funds to grow as new residents contribute. No specific reserves policy or target is stated in the document.
What the accounts disclose
Trustees
- Rev CHRISTOPHER CHARLES HAYWARDchair
- ERIC MUSSON
- Howard Roger Binsted
- John Utting
- Rev JOHN LINES MBE
- Susan Moore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £25k | £23k |
| 31/12/2023 | £24k | £23k |
| 31/12/2022 | £23k | £18k |
| 31/12/2021 | £20k | £20k |
| 31/12/2020 | £25k | £17k |
Common questions
Is MR AND MRS GROVES DAMES' HOMES financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds total assets of £64,297.20 as of the year ended 31 December 2024, with cash at bank and CCLA accounts comprising these funds. The treasurer reports that the charity is financially okay and expects funds to grow as new residents contribute. No specific reserves policy or target is stated in the document.