FIELD HOUSE CHARITY
To benefit elderly people resident in Somerset with preference for elderly persons resident in the Shepton Mallet area
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £167,305, which exceeds the trustee's stated minimum policy target of £100,000. Per the financial review, the charity generated a surplus of £56,675 for the year, supported by lease and investment income, with no staff employed and minimal administrative costs.
What the accounts disclose
“Income in 2024/25 comprised of financing income from the lease of Field House of £53,278 and investment income of £5,461.” — page 6
“This level of unrestricted reserve exceeds the minimum level of £100,000 set by the Trustee to ensure the Trusts financial stability moving forward and to help negate the impact of reduced income or increasing costs in future years.” — page 6
Trustees
- SOMERSET COUNTY COUNCIL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £59k | £2k |
| 31/03/2024 | £59k | £55k |
| 31/03/2023 | £56k | £55k |
| 31/03/2022 | £54k | £55k |
| 31/03/2021 | £53k | £55k |
Common questions
Is FIELD HOUSE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £167,305, which exceeds the trustee's stated minimum policy target of £100,000. Per the financial review, the charity generated a surplus of £56,675 for the year, supported by lease and investment income, with no staff employed and minimal administrative costs. Its FY2025 accounts were independently examined.