THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST
The charity provides accomodation and grants to elderly, infirm and retired persons in Northamptonshire. The charity works with East Midlands Housing Association to provide accomodation for such persons at Abington Lodge.
Objects
TO MAKE GRANTS OUT OF INCOME AND ACCUMULATED INCOME FROM THE TRUST PROPERTY TO THE DAVID TAYLOR HOUSING TRUST FOR ELDERLY AND RETIRED PERSONS AS THE TRUSTEES THINK FIT AND TO ASSIST THE CHARITY IN THE CARRYING OUT OF CAPITAL IMPROVEMENTS AND AMENITIES OF ABINGTON LODGE NORTHAMPTON TO ENABLE SUCH PREMISES TO BE USED AS A RESIDENTIAL HOME FOR ELDERLY AND RETIRED PERSONS WHO QUALIFY FOR BENEFIT UNDER THE TRUST DEED OF THE FIRST CHARITY.(SEE TRUST DEED FOR FURTHER DETAILS)
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £18,798 for the year ended 5th April 2025, driven by charitable expenditure exceeding income, although this included a surplus from investment gains. Per the trustees' report, unrestricted general reserves of £1,162,395 are considered sufficient to sustain operations should income-generating activities be curtailed. The charity holds significant unrestricted funds and restricted funds totaling £1,812,895, with no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
“The Trustees consider that the unrestricted general fund £1,162,395 at 5th April 2025 (2024 - £1,181,693) is sufficient to sustain its operations should income generating activities be curtailed unexpectedly over the forthcoming year.” — page 4
“Donations of £39,000 (2024 - £39,000) were made to this Charity during the year.” — page 12
“During the year, The David Taylor Educational and Aid for the Elderly Trust paid net expenses of £2,862 on behalf of The Norman Taylor Housing Trust” — page 12
“Donations of £39,000 (2024 - £39,000) were made to this Charity during the year.” — page 12
“During the year, The David Taylor Educational and Aid for the Elderly Trust paid net expenses of £2,862 on behalf of The Norman Taylor Housing Trust” — page 12
“Donations of £39,000 (2024 - £39,000) were made to this Charity during the year.” — page 12
“During the year, The David Taylor Educational and Aid for the Elderly Trust paid net expenses of £2,862 on behalf of The Norman Taylor Housing Trust” — page 12
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Trustee conflicts of interest policy and procedures
Trustees
- ANTONY DAVID MILES
- Catherine Elizabeth Allmark
- GILLIAN RUTH EVANS
- JOHN BARRY BROWN
- Mandy Kneeshaw
- STEPHEN VINCENT BILLINGS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £44k | £64k |
| 05/04/2024 | £36k | £64k |
| 05/04/2023 | £47k | £55k |
| 05/04/2022 | £51k | £58k |
| 05/04/2021 | £44k | £57k |
Common questions
Is THE NORMAN TAYLOR EDUCATIONAL AND AID FOR THE ELDERLY TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £18,798 for the year ended 5th April 2025, driven by charitable expenditure exceeding income, although this included a surplus from investment gains. Per the trustees' report, unrestricted general reserves of £1,162,395 are considered sufficient to sustain operations should income-generating activities be curtailed. The charity holds significant unrestricted funds and restricted funds totaling £1,812,895, with no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were independently examined.