DR AND MRS CHADWICK'S CHARITY

Registered charity 254012 · accounts filings on the Charity Commission register

The object of the Trust is the provision of housing for letting on weekly tenancies to persons of good character who are in conditions of need, hardship or distress. Applicants must be resident in Bolton.

Causes: Accommodation/housing · Get email alerts

Latest income
£688k
Latest spending
£697k
Registered
1967
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that free reserves were £883,636 at year-end, with a stated reserves policy to maintain funds for 12 months of recurring expenditure, non-recurring expenditure for the next two years, and a contingency equal to three rent periods. The charity holds significant unrestricted and endowment assets, including property valued at over £15 million, and reports controlled rental arrears at 2.97% of collectable rents.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The Trustees of Dr & Mrs Chadwick’s Registered Charity are also Co-optative Trustees of The Chadwick Educational Foundation. Due to the extensive renovation program, the Trustees decided not to give a donation to Chadwick Educational Foundation in 2024.
“All the Trustees of Dr & Mrs Chadwick’s Registered Charity are also Co-optative Trustees of The Chadwick Educational Foundation, a grant making charity for the benefit of Bolton schools, school children and students. Due to the extensive renovation program which started in 2023, the Trustees of Dr & Mrs Chadwick's Registered Charity decided not to give a donation to Chadwick Educational Foundation in 2024.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Barlow Andrews LLP. Discloses 3 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£688k
Total spending
£697k
Reserves (reported)
£884k
Employees
0

Reported reserves equal ~15.2 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (99% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Bolton

Income and spending

Financial year endIncomeSpending
31/12/2024£688k£697k
31/12/2023£674k£720k
31/12/2022£566k£319k
31/12/2021£521k£564k
31/12/2020£510k£422k

Common questions

Is DR AND MRS CHADWICK'S CHARITY financially healthy?

Per its FY2024 accounts: The accounts state that free reserves were £883,636 at year-end, with a stated reserves policy to maintain funds for 12 months of recurring expenditure, non-recurring expenditure for the next two years, and a contingency equal to three rent periods. The charity holds significant unrestricted and endowment assets, including property valued at over £15 million, and reports controlled rental arrears at 2.97% of collectable rents. Its FY2024 accounts were audited by Barlow Andrews LLP.