Charity Accounts Intelreading the accounts so you don’t have to

POLESWORTH GROUP HOMES LIMITED

Registered charity 1003230 · accounts filings on the Charity Commission register · also known as POLESWORTH HOSTELS AND GROUP HOMES ASSOCIATION

Get email alerts for this charity

Latest income
£4.3m
Latest spending
£4.1m
Registered
1991
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the Charity made a surplus for the year and maintains a satisfactory financial position with no funds in deficit. Per the trustees' report, reserves at 31 March 2023 are within the level agreed by the Trustees, which is equivalent to the net book value of tangible fixed assets plus half the past year's expenditure. The Trustees acknowledge genuine concern regarding increasing pressure on budgets and recruitment markets but remain confident in their ability to meet future challenges.

What the accounts disclose

Reserves policy: net book value of tangible fixed assets plus half the past year's expenditure (held: £1.3m)
“the trustees agreed that it is appropriate to maintain a general reserve equivalent to the net book value of tangible fixed assets plus half the past year's expenditure. Reserves at 31" March 2023 are within this level.”
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Burgis & Bullock. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£4.3m
Total spending
£4.1m
Reserves (reported)
£5.4m
Employees
129

Reported reserves equal ~15.9 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Warwickshire

Income and spending

Financial year endIncomeSpending
31/03/2025£4.3m£4.1m
31/03/2024£4.0m£3.8m
31/03/2023£3.7m£3.6m
31/03/2022£3.6m£3.5m
31/03/2021£3.7m£3.5m

Common questions

Is POLESWORTH GROUP HOMES LIMITED financially healthy?

The accounts state that the Charity made a surplus for the year and maintains a satisfactory financial position with no funds in deficit. Per the trustees' report, reserves at 31 March 2023 are within the level agreed by the Trustees, which is equivalent to the net book value of tangible fixed assets plus half the past year's expenditure. The Trustees acknowledge genuine concern regarding increasing pressure on budgets and recruitment markets but remain confident in their ability to meet future challenges. Its FY2023 accounts were audited by Burgis & Bullock.