Registered charities in England and Wales
Data for financial year ending 31 December 2018
The Finchley Charities
- 41A Wilmot Close, London, N2 8HP
Aims & activities
The Finchley Charities, established in 1488, administer 172 flats for older persons on three estates in the Finchley area. Applicants should be over 55, in housing need, have limited means and have lived in the London Borough of Barnet for at least five years. Financial assistance may be granted to individuals or organisations in relieving persons in the area of benefit in need or hardship.
What the charity does
- The prevention or relief of poverty
Who the charity helps
- Elderly/old people
- Other charities or voluntary bodies
How the charity works
- Makes grants to individuals
- Makes grants to organisations
- Provides human resources
- Provides buildings/facilities/open space
Income and Endowments:
* £-0.2M investment gains(losses)
Assets and liabilities
- £12.2M Own use assets
- £6.6M Long term investments
- £0.0K Defined benefit pension scheme asset or liability
- £288.9K Other assets
- £4.1M Total liabilities
Charitable spending ratios
Ratios have to be put in context. They should be read in conjunction with the charity’s financial statements on which they’re based if they are to be interpreted correctly and sound conclusions drawn. For example the accounting rules affect what can be classed as income or expenditure. Where a charity which purchases land to further its objects the accounting rules do not permit including the purchase cost as charitable spending in its accounts. Instead it is ‘capitalised’ and shown on the balance sheet. Similarly a charity that receives an endowment it can’t spend may have a lower percentage of charitable spending as a proportion of income in the year of receipt as compared to the previous year as a result. Ratios may also be affected by the way a charity operates. For example, a charity which primarily generates income from investments may have lower cost of raising funds than one which employs fundraisers. A grant-making charity funding other charities to undertake an activity will have much lower staffing costs compared to a charity employing staff to perform that activity.
Charitable spending (including governance costs) as a percentage of income and endowments received by the charity in the reporting period. Does not include planned future spending.
Costs incurred in generating income as a proportion of total income and endowments received in the reporting period. May include spending to secure future funding.
The percentage of the charity’s total income retained for future use.
Accounts and trustees' annual report
1) THE PROVISION OF ACCOMMODATION FOR BENEFICIARIES, AND ALLOTMENTS FOR THE BENEFIT OF PERSONS OF LIMITED MEANS IN THE AREA OF BENEFIT;AND 2)SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF THE RESIDENTS AS THE TRUSTEES DECIDE. 3)RELIEF IN NEED FOR PERSONS IN THE AREA OF BENEFIT WHO ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY OR PROVIDING OR PAYING FOR ITEMS, SERVICES OR FACILITIES CALCULATED TO REDUCE THE NEED, HARDSHIP OR DISTRESS OF SUCH PERSONS. 4)PAYMENTS TO PARISH CHURCHES SITUATED IN THE ANCIENT PARISH OF FINCHLEY.
Governing documentSCHEME OF THE COMMISSION DATED 3 MARCH 2011
Area of benefit
Borough Of Finchley
Other RegulatorsHomes England
Safeguarding vulnerable beneficiaries
Conflicts of interest
Land And Property
This charity owns and/or leases land or property.
- 7 Trustees
- 13 Employees
- 0 Volunteers
|Trustee||Other trusteeships||Charity status|
|Ian Anderson||None on record|
|Rev Philip Davison||None on record|
|Christopher John Huckstep||None on record|
|Cllr Daniel Thomas||None on record|
|Roger William Chapman (Chair)||Abney Park Trust||Up-to-date|
|Friends Of Finchley Youth Theatre||Up-to-date|
|Hendon And District Archaeological Society||Up-to-date|
|Graham Old||None on record|
|Toni Louise Morgan||None on record|
Areas of operation
List of regions