CHARITY OF ANN EDWARDS
The Charity of Ann Edwards was est by a bequest of Ann Edwards, for the building of almshouses to house clergy widows & female dependants of clergymen who had served in the Diocese of Gloucester. The almshouses were sold, & a new development of 8 housing units at Abbeydale was completed in 1994. The 1993 CC Scheme widened the qualification for residence to any poor single lady members of the CofE
Financial health, per its FY2024 accounts
The accounts state that unrestricted free reserves were £98,000 at the year-end, which is above the trustee's calculated minimum requirement of £60,000 needed to operate for six months without income. Total funds stood at just under £2.68 million, with the trustee considering designated repair funds sufficient to cover future maintenance costs.
What the accounts disclose
“The Trustee reviewed the Reserves policy during 2024 and calculated that free reserves of £60,000 would be needed to allow the Charity to operate for at least six months without income from Monthly Maintenance Contributions (MMC).” — page 4
Property (HM Land Registry)
Trustees
- GLOUCESTER DIOCESAN BOARD OF FINANCE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £111k | £91k |
| 31/12/2023 | £109k | £115k |
| 31/12/2022 | £91k | £91k |
| 31/12/2021 | £87k | £84k |
| 31/12/2020 | £87k | £70k |
Common questions
Is CHARITY OF ANN EDWARDS financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted free reserves were £98,000 at the year-end, which is above the trustee's calculated minimum requirement of £60,000 needed to operate for six months without income. Total funds stood at just under £2.68 million, with the trustee considering designated repair funds sufficient to cover future maintenance costs. Its FY2024 accounts were audited by HaysMac LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
Charities like this
- W G EDWARDS CHARITABLE FOUNDATION
- THE ABERFORD ALMSHOUSES
- SIR EDMUND DE MOUNDEFORD CHARITY
- ANNIE SUTTON AND HOULT MEMORIAL HOUSES
- ST JOHN'S LICHFIELD
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CHARITY OF ANN EDWARDS | £111k | — | 0 | unclear | — | no doubt |
| W G EDWARDS CHARITABLE FOUNDATION | £155k | — | 0 | within | — | no doubt |
| THE ABERFORD ALMSHOUSES | £177k | — | 0 | above | — | no doubt |
| SIR EDMUND DE MOUNDEFORD CHARITY | £212k | — | 0 | unclear | — | no doubt |
| ANNIE SUTTON AND HOULT MEMORIAL HOUSES | £173k | — | 0 | unclear | — | no doubt |
| ST JOHN'S LICHFIELD | £538k | — | 0 | unclear | — | no doubt |