CREDITON RELIEF IN NEED CHARITY
Administers 8 almshouse properties and provides assistance and support to the inhabitants of Crediton Town and the Parish of Crediton Hamlets who are in need.
Financial health, per its FY2025 accounts
The accounts state that the Crediton Relief in Need Charity generated an excess of income over expenditure of £7,512.14, while the Charity of Humphrey Spurway reported total income of £41,666.26 from weekly maintenance contributions. Per the trustees' report, reserves are maintained through deposit accounts and unit trusts to cover day-to-day and cyclical maintenance, with no stated policy target for unrestricted reserves.
What the accounts disclose
“Total income from the Weekly Maintenance Contributions amounted to £41666.26 (last year £40396.36).” — page 5
Trustees
- ANDREW ALBERT WHITEchair
- ANDY COLE
- Hannah Zorlu
- JOYCE HARRIS
- James King
- Ruth Marie Vigers
- SARAH LOUISE TURNER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £68k | £18k |
| 31/08/2024 | £66k | £23k |
| 31/08/2023 | £61k | £20k |
| 31/08/2022 | £53k | £18k |
| 31/08/2021 | £51k | £17k |
Common questions
Is CREDITON RELIEF IN NEED CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the Crediton Relief in Need Charity generated an excess of income over expenditure of £7,512.14, while the Charity of Humphrey Spurway reported total income of £41,666.26 from weekly maintenance contributions. Per the trustees' report, reserves are maintained through deposit accounts and unit trusts to cover day-to-day and cyclical maintenance, with no stated policy target for unrestricted reserves. Its FY2025 accounts were independently examined.