CHESCOMBE TRUST LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a total surplus of £104,992 for the year ended 31 March 2023, with unrestricted free reserves of £536,793. The trustees confirm the financial position is reasonable and that the charity is fully occupied with 19 residents, maintaining a healthy working capital position to manage potential income declines.
What the accounts disclose
“The Trust has a cash reserve policy to six months of reduced income (£306,000) with a variance of +/ £20,000, giving a total reserve of £286,000 to £326,000.”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Chescombe: Good
Trustees
- Aidan John Christopher Healy
- DAVID JONES
- Dominic Anderson
- Donna Tremayne
- Geoffrey Silver
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.4m | £2.2m |
| 31/03/2024 | £2.3m | £2.0m |
| 31/03/2023 | £1.9m | £1.8m |
| 31/03/2022 | £1.8m | £1.7m |
| 31/03/2021 | £1.8m | £1.6m |
Common questions
Is CHESCOMBE TRUST LIMITED financially healthy?
The accounts state that the charity reported a total surplus of £104,992 for the year ended 31 March 2023, with unrestricted free reserves of £536,793. The trustees confirm the financial position is reasonable and that the charity is fully occupied with 19 residents, maintaining a healthy working capital position to manage potential income declines. Its FY2023 accounts were audited by Corrigan Accountants Limited.