HOUSE OF INDUSTRY ESTATE
Relief generally or individually person resident in the Bedford Borough who are in conditions of need, hardship or distress .
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £61,950 for the year ended 31 March 2024, resulting in total unrestricted and restricted funds of £5,447,262. The trustees note that the level of risk regarding reserves is considered very low because the charity does not directly employ staff and its activities are exclusively the awarding of grants.
What the accounts disclose
“The Trustees at the meeting of 13 June 2023 agreed as part of the process of setting the annual budget to continue the existing practice of releasing £91,200 from the grant reserve to supplement the funds available for the award of grants.” — page 7
“Bedford and District Citizens Advice Bureau Limited, to whom a grant of £66,134 was made in 2023/24.” — page 28
Register events
- Received assets from another charity (14/04/2018)
Trustees
- Councillor Henry Vannchair
- Councillor Andrea Spice
- Councillor Ben Foley
- Councillor Dylan Simmons
- Councillor Hilde Hendrickx
- Councillor Sue Oliver
- Councillor Zara Layne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £276k | £265k |
| 31/03/2024 | £269k | £207k |
| 31/03/2023 | £249k | £340k |
| 31/03/2022 | £251k | £358k |
| 31/03/2021 | £228k | £287k |
Common questions
Is HOUSE OF INDUSTRY ESTATE financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £61,950 for the year ended 31 March 2024, resulting in total unrestricted and restricted funds of £5,447,262. The trustees note that the level of risk regarding reserves is considered very low because the charity does not directly employ staff and its activities are exclusively the awarding of grants. Its FY2024 accounts were audited by Ellacotts Audit Services Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE JOHN R. MURRAY CHARITABLE TRUST | 1 | £120k |
| THE HARAMEAD TRUST | 1 | £115k |
| THE STEVEN BLOCH IMAGE OF DISABILITY CHARITABLE TRUST | 1 | £102k |
| UNITED ST SAVIOUR'S CHARITY | 1 | £50k |
| THE HEADLEY TRUST | 1 | £45k |
| THE DAVID ISAACS FUND | 1 | £38k |
| THE COOKS CHARITY | 1 | £20k |
| THE JOHN SCOTT CHARITABLE TRUST | 1 | £15k |
Charities like this
- BEDFORD HOUSE COMMUNITY ASSOCIATION
- THE HOSPITAL OF ST JOHN THE BAPTIST
- THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY
- Home-Start Bedfordshire
- BEDE HOUSE ASSOCIATION
- THE ANNIE MACPHERSON HOME OF INDUSTRY (INCORPORATED)
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOUSE OF INDUSTRY ESTATE | £276k | — | 0 | unclear | — | no doubt |
| BEDFORD HOUSE COMMUNITY ASSOCIATION | £295k | — | 0 | unclear | — | no doubt |
| THE HOSPITAL OF ST JOHN THE BAPTIST | £271k | — | 0 | above | — | no doubt |
| THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY | £274k | — | 0 | above | — | no doubt |
| Home-Start Bedfordshire | £213k | — | 0 | unclear | — | noted |
| BEDE HOUSE ASSOCIATION | £1.6m | £60,001 - £70,000 | 1 | above | — | no doubt |