FLORENCE ELLISON TRUST

Registered charity 280824 · accounts filings on the Charity Commission register

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.

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Accommodation/housing · website · Get email alerts

Latest income
£133k
Latest spending
£105k
Registered
1980
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 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 (held: £1.4m)
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
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.