FOTHERBY ALMSHOUSE CHARITIES
Provision of sheltered housing accommodation for those qualifying for the scheme
Financial health, per its FY2025 accounts
The accounts state that unrestricted free reserves stood at £268,938 at the end of the financial year, accumulated to provide working capital and a cushion for unexpected issues. The charity reported a net income of £22,430 for the year, driven by charitable activity contributions and investment gains, with total funds increasing to £703,938. No material uncertainties or risks to going concern were identified by the independent examiner.
What the accounts disclose
“The reason for reserves being accumulated is to provide sufficient working capital to cover delays between spending and receipt of monies and to provide a cushion to deal with unexpected issues such as urgent maintenance and renovation work, the cost of which can be significant.” — page 3
Trustees
- ANTHONY STEWART PRIDGEONchair
- CHRISTINA CHEN
- CHRISTINE LAKING
- Deborah Jane Ensell
- HELEN MARGARET STUBBS
- LOUISE THOMPSON
- MICHAEL THORNALLEY
- TIM HUNTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £31k | £8k |
| 30/06/2024 | £48k | £17k |
| 30/06/2023 | £26k | £21k |
| 30/06/2022 | £25k | £22k |
| 30/06/2021 | £24k | £13k |
Common questions
Is FOTHERBY ALMSHOUSE CHARITIES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted free reserves stood at £268,938 at the end of the financial year, accumulated to provide working capital and a cushion for unexpected issues. The charity reported a net income of £22,430 for the year, driven by charitable activity contributions and investment gains, with total funds increasing to £703,938. No material uncertainties or risks to going concern were identified by the independent examiner. Its FY2025 accounts were independently examined.