The numbers: Richard Watts and the City of Rochester Almshouse Charities

The figures behind the charity that provides almshouses and makes grants to relieve sickness and need in the city of Rochester, Kent

£1.69m - The charity's income for the year ending December 2011, compared with £1.66m in the previous year

£651k - The charity's income from rents on property it owns. Its other main source of income was listed investments, which brought in £312,000

£436k - Free reserves at year-end. This was in line with the charity's target to hold reserves of between £250,000 and £500,000

£60k - No employee was paid more than this

98% - The occupancy rate in the charity's almshouses, which provides accommodation to 77 people

75 - The number of grants given by the charity to people in need during the year.

Topics:
Finance

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