SALEM AND FREMINGTON ALMSHOUSE CHARITY

Registered charity 253191 · accounts filings on the Charity Commission register · also known as SALEM AND FREMINGTON ALMSHOUSES

Provision of housing for local people over 50 years of age. Capacity 12 single bedroom houses.

Objects

ALMSHOUSES FOR THE BENEFIT OF ALMSPEOPLE WHO SHALL BE POOR MARRIED COUPLES OR SINGLE PERSONS WHO ARE RESIDENT IN THE PARISH OF FREMINGTON AND THE BOROUGH OF BARNSTAPLE AT THE TIME OF APPOINTMENT. FOR DETAILS SEE CLAUSE 21 OF THE SCHEME OF 12TH NOVEMBER 1970

Area of benefit: 1) PARISH OF FREMINGTON 2) BOROUGH OF BARNSTAPLE

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Accommodation/housing · Other Charitable Purposes · Get email alerts

Latest income
£46k
Latest spending
£58k
Registered
1970
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity ended the year with a net payment of £11,884.42, reducing its cash and bank balances from £41,998.13 to £30,113.71. The trustees maintain a reserves policy aiming for a bank balance of at least £10,000 to meet unforeseen expenditure, which the current balance exceeds. The independent examiner confirmed that no material matters were found during the examination of the accounts.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: at least £10,000 (held: £30k)
“We aim to maintain a bank balance of at least £10,000 in order to be in a position to meet unforeseen expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£46k£58k
31/03/2024£44k£45k
31/03/2023£41k£39k
31/03/2022£46k£51k
31/03/2021£43k£23k

Common questions

Is SALEM AND FREMINGTON ALMSHOUSE CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity ended the year with a net payment of £11,884.42, reducing its cash and bank balances from £41,998.13 to £30,113.71. The trustees maintain a reserves policy aiming for a bank balance of at least £10,000 to meet unforeseen expenditure, which the current balance exceeds. The independent examiner confirmed that no material matters were found during the examination of the accounts. Its FY2025 accounts were independently examined.