THE MUSGRAVE HOMES
Provision of housing for poor persons over the age of 65.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased slightly to £77,080, supported by tangible fixed assets of £13,597 and cash reserves of £68,104. The trustees confirm the charity is prepared on a going concern basis, citing confidence in its net asset position to continue operations for at least twelve months. No employees were present during the year, and all trustees served without remuneration.
What the accounts disclose
“Charitable rental income 46,745” — page 10
“The policy on reserves is to retain sufficient funds to meet likely maintenance and repair costs.” — page 3
Trustees
- CHRISTOPHER JOHN MASLEN
- LORD MAYOR OF THE CITY OF BRADFORD
- PETER G MEREDITH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £47k | £46k |
| 05/04/2024 | £45k | £36k |
| 05/04/2023 | £48k | £51k |
| 05/04/2022 | £44k | £27k |
| 05/04/2021 | £46k | £16k |
Common questions
Is THE MUSGRAVE HOMES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased slightly to £77,080, supported by tangible fixed assets of £13,597 and cash reserves of £68,104. The trustees confirm the charity is prepared on a going concern basis, citing confidence in its net asset position to continue operations for at least twelve months. No employees were present during the year, and all trustees served without remuneration. Its FY2025 accounts were independently examined.