THE WILLIAM AND SARAH MIDGLEY ALMSHOUSES
The charity was established to provide almshouses for persons resident in the neighbourhood of Lees Cum Cross Roads, Keighley, West Yorkshire.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £30,070, which is within the trustees' stated policy target range of £30,000 to £35,000. The charity reported a net deficit for the year of £14,775, primarily due to significant repair and refurbishment costs, but maintains sufficient funds to continue as a going concern.
What the accounts disclose
“The trustees have decided that reserves in the range of £30,000 to £35,000 are required by the Charity. This level has been set to cover nine months of recurring expenditure”
“The trustees consider The William and Sarah Midgley Charity to be a related party due to it being controlled by the same trustees as the Almshouses.” — page 4
Trustees
- Heidi Barnard
- Maralyn Becker
- Michael Bottomley
- Patricia Laycock
- REVD LIZ MOY
- Rev PETER STUART WILSON
- david richardson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £37k | £52k |
| 05/04/2024 | £34k | £61k |
| 05/04/2023 | £32k | £20k |
| 05/04/2022 | £28k | £37k |
| 05/04/2021 | £28k | £23k |
Common questions
Is THE WILLIAM AND SARAH MIDGLEY ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £30,070, which is within the trustees' stated policy target range of £30,000 to £35,000. The charity reported a net deficit for the year of £14,775, primarily due to significant repair and refurbishment costs, but maintains sufficient funds to continue as a going concern. Its FY2025 accounts were independently examined.