Finance Score: -1
Governance Score: -6
Support Score: 0
  • Reasonable growth: +1
  • Deficit latest year: -2
  • 2 Trustees: -2
  • Static board: -3
  • No supporters identified
Overall GiG Score: -7 ?

TIVERTON ALMSHOUSE TRUST

Provision of housing for local people over 60 years old and in financial need
Analysis by Giving is Great

Positives:

  • This charity has an endowment fund which generates most of its income
  • There has been reasonable growth in spending over the last 3 years relative to the previous period

Regulatory & Governance issues to consider:

  • There are only 2 trustees
  • The Board composition appears to be rather static

Financial issues to consider:

  • Income was significantly lower than spending in the latest year

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit £k
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/12/23£865£1,131£-266£0£10,947£1,26913.590
31/12/22£822£1,038£-215£0£11,017£1,41816.41011
31/12/21£860£776£84£0£11,546£1,75827.290
31/12/20£814£799£15£9£11,019£1,50622.690
31/12/19£969£816£153£0£10,822£1,4282190
31/12/18£855£745£110£0£10,298£1,33221.580
31/12/17£853£644£209£0£10,279£1,28223.980
31/12/16£831£639£191£0£9,847£4418.380
31/12/15£834£586£248£367£9,475£2394.980
31/12/14£804£517£287£309£9,270£811.960
31/12/13£789£560£229£184£9,047£-121-2.660
31/12/12£756£533£222£138£7,517£-328-7.460
31/12/11£723£614£109£132£7,220£-294-5.750
31/12/10£671£506£165£130£7,170£-377-950
31/12/09£696£553£143£125£6,841£-561-12.250
31/12/08£525£435£90£72£2,958£2,95881.660
31/12/07£500£643£-143£5£3,654£3,65468.250
31/12/06£945£503£442n/an/an/an/an/an/a
31/12/05£452£480£-28n/an/an/an/an/an/a
31/12/04£435£454£-18n/an/an/an/an/an/a

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 5%
Liabilities/Income: 69%
Unrestricted Funds/Total Funds: 12%
Reserves/Spending: 13.5 months
Net Current Assets/Spending: 6 months
Quick Ratio: 6.3
Asset Split ?
Balance Sheet History
Established: 62 years

www.tivertonalmshouse.org.uk

trust@tivertonalmshouse.org.uk

01884251444

Charity Commission for England and WalesFacebookInstagramX
UN SDGs
?
Listed activities
  • Accommodation/Housing
GiG Classification
  • Shelter for homeless, vulnerable & excluded people
How it operates
  • Provides buildings/facilities/open space
Where it operates
  • Devon,
Who it helps
  • Elderly/Old People

Who supports them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (2)
Current Trustees appointed

  • JOHN PULFORD (Chair) Appointed: 2019
  • TIVERTON ALMSHOUSE TRUSTEE LIMITED Appointed: 2014
Legal constitution
  • Charity registered in England & Wales on 18/07/1962, number: 206984
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Homes England
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • 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
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
20 returns made; all on time
Main office

THE MARKET HOUSE
18 BAMPTON STREET
TIVERTON
DEVON
EX16 6AA

Objectives

(A) PROVISION OF HOUSING ACCOMMODATION FOR POOR PERSONS NOT LESS THAN 60 YEARS OLD WHO HAVE LIVED IN AREA OF BENEFIT FOR NOT LESS THAN 2 YEARS PRIOR TO APPOINTMENT (B) SUCH CHARITABLE PURPOSES FOR BENEFIT OF RESIDENTS (C) RELIEF OF PERSONS RESIDENT IN AREA OF BENEFIT WHO ARE IN FINANCIAL HARDSHIP.

Defined Area of Benefit:

PARISH OF TIVERTON

Data Sources

Charity Commission for England and Wales

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