THE FISHERMEN'S HOSPITAL CHARITY
Almshouse accommodation for retired fishermen.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £12,957 for the year ended 31 March 2025, with total net assets amounting to £354,527. The Trustees report that free reserves (unrestricted fund) stood at £133,368, which they consider sufficient to continue as a going concern without material uncertainties. The charity explicitly states it has no intention to build up a significant level of free reserves, preferring to spend available funds on the maintenance and repair of its Almshouse Cottages.
What the accounts disclose
“Turnover represents rental and service charges income receivable in the year net of rent and service charge losses from voids, revenue grants from the government (local authorities).” — page 13
“It is the policy of the Trustees to spend available funds on the maintenance and repair of the Almshouse Cottages and they have no intention to build up a significant level of free reserves.”
Trustees
- PATRICIA HOLLISchair
- Cllr Kerry Robinson - Payne
- Donna Kay Hammond Cllr
- JOHN ALFRED HOLMES
- MICHAEL JEAL
- Patricia Ashbourne
- Paula Nardine Waters-Bunn Cllr
- Pauline Ann Levers
- Rev PETER PAINE
- Rev Simon William James Ward
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £63k | £44k |
| 31/03/2024 | £73k | £36k |
| 31/03/2023 | £51k | £34k |
| 31/03/2022 | £40k | £30k |
| 31/03/2021 | £39k | £20k |
Common questions
Is THE FISHERMEN'S HOSPITAL CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £12,957 for the year ended 31 March 2025, with total net assets amounting to £354,527. The Trustees report that free reserves (unrestricted fund) stood at £133,368, which they consider sufficient to continue as a going concern without material uncertainties. The charity explicitly states it has no intention to build up a significant level of free reserves, preferring to spend available funds on the maintenance and repair of its Almshouse Cottages. Its FY2025 accounts were independently examined.