THE ARTHUR TOWNROW PENSIONS FUND
Provides pensions to widows and spinsters living in Chesterfield and spinsters living out of the area who are dependent on State benefits or who only have a small income.
Objects
THE PAYMENT OF ANNUITIES TO SPINSTERS, OVER THE AGE OF 40, WHO RESIDE OUTSIDE THE PRINCIPAL AREA OF BENEFIT AND TO UNMARRIED WOMEN, OVER SUCH AGE, AND WIDOWS WITH CHILDREN, IRRESPECTIVE OF AGE, WHO RESIDE WITHIN SUCH AREA.THE PRINCIPAL AREA BEING THE BOROUGH OF CHESTERFIELD AND THE DISTRICTS OF BOLSOVER AND NORTH EAST DERBYSHIRE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net loss of £21,341 for the year, resulting in unrestricted reserves of £212,900. The trustees consider the charity's resources adequate to meet obligations and deem it prudent to maintain reserves equal to approximately three years' projected expenditure. Investment income was £130,699, while total expenditure including annuities and administration costs was £154,784.
What the accounts disclose
“Investment income totalled £130,699 this year” — page 4
“The trustees deem it prudent to maintain reserves equal to approximately three years’ projected expenditure.” — page 5
Policies the charity declares
- Conflicting interests
- Internal charity financial controls policy and procedures
- Investment
- Risk management
- Safeguarding vulnerable beneficiaries
Trustees
- Andrew nicholas Hay
- Chesterfield borough council mayor
- Elisabeth jean Froggatt
- Ian Newbury Milton Scott
- Jenny Wilson
- Keran Gladders
- Rev Mark Carrick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £133k | £155k |
| 31/03/2024 | £137k | £159k |
| 31/03/2023 | £147k | £155k |
| 31/03/2022 | £169k | £152k |
| 31/03/2021 | £121k | £147k |
Common questions
Is THE ARTHUR TOWNROW PENSIONS FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net loss of £21,341 for the year, resulting in unrestricted reserves of £212,900. The trustees consider the charity's resources adequate to meet obligations and deem it prudent to maintain reserves equal to approximately three years' projected expenditure. Investment income was £130,699, while total expenditure including annuities and administration costs was £154,784. Its FY2025 accounts were independently examined.