NORTHAM TRUST

Registered charity 257214 · accounts filings on the Charity Commission register

Management of Almshouses known as Northam Court

Causes: Accommodation/housing · Get email alerts

Latest income

£39k

Latest spending

£41k

Registered

1968

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that free reserves were above the trustees' target level of approximately £25,000 to £35,000 at the year end, with unrestricted reserves totaling £179,764. The trustees consider that the Trust has adequate resources to continue meeting its obligations to residents in the short term, noting that all properties are now occupied and income has increased following the completion of building projects.

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

What the accounts disclose

Reserves policy: approximately equivalent to twelve months of expected annual expenditure (estimated at £25,000 to £35,000) (held: £180k)

“The trustees have previously adopted a policy of maintaining free resources not earmarked for long term investment at a level which is approximately equivalent to twelve months of expected annual expenditure. This is estimated to equate to approximately £25,000 to £35,000 at 5 April 2025.” — 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

MRS JANE BROWNchair · trustee of 2 other charities
Andrew Michael Munn
BRIAN JAMES REID
Malcolm William Owen Bolt
Paul Douglas Greenaway · trustee of 1 other charity
Rev Peter Douglas Strong · trustee of 2 other charities

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

Operates in: Northamptonshire

Income and spending

Financial year end	Income	Spending
05/04/2025	£39k	£41k
05/04/2024	£132k	£22k
05/04/2023	£94k	£35k
05/04/2022	£74k	£23k
05/04/2021	£24k	£42k

Common questions

Is NORTHAM TRUST financially healthy?

Per its FY2025 accounts: The accounts state that free reserves were above the trustees' target level of approximately £25,000 to £35,000 at the year end, with unrestricted reserves totaling £179,764. The trustees consider that the Trust has adequate resources to continue meeting its obligations to residents in the short term, noting that all properties are now occupied and income has increased following the completion of building projects. Its FY2025 accounts were independently examined.