FLORENCE ELLISON TRUST
Provision of homes for old persons of small means who have need of such facilities by reason of age or infirmity
Objects
THE PROVISION OF HOMES FOR OLD PERSONS OF SMALL MEANS WHO HAVE NEED OF SUCH FACILITIES BY REASON OF THEIR AGE OR INFIRMITY.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £52,646 for the year ended 31 December 2024, with unrestricted funds totaling £1,409,423. The trustees confirm that the charity has ample finance for its regular expenses and adequate resources to continue in operational existence for the foreseeable future. The charity's reserves policy is to accumulate surplus income until sufficient funds are available to acquire and refurbish additional letting units.
What the accounts disclose
“The charity's policy, which has not changed since inception, is that surplus income shall be accumulated in interest-bearing deposits until there is sufficient, having regard to the funding requirements of regular operating expenses and in conjunction with external loan funding if appropriate, to acquire, adapt and refurbish an additional letting unit.” — page 5
Policies the charity declares
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
Trustees
- GRAHAM GEALchair
- PAM BLANN
- PAULINE RICHARDS
- Sean Michael Carter Rev
- WAYNE GANDER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £133k | £105k |
| 31/12/2023 | £133k | £28k |
| 31/12/2022 | £194k | £26k |
| 31/12/2021 | £64k | £34k |
| 31/12/2020 | £64k | £34k |
Common questions
Is FLORENCE ELLISON TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a surplus of £52,646 for the year ended 31 December 2024, with unrestricted funds totaling £1,409,423. The trustees confirm that the charity has ample finance for its regular expenses and adequate resources to continue in operational existence for the foreseeable future. The charity's reserves policy is to accumulate surplus income until sufficient funds are available to acquire and refurbish additional letting units. Its FY2024 accounts were independently examined.