FIELD HOUSE CHARITY
To benefit elderly people resident in Somerset with preference for elderly persons resident in the Shepton Mallet area
Objects
RELIEVING ELDERLY PERSONS RESIDENT IN SOMERSET, WITH A PREFERENCE FOR ELDERLY PERSONS RESIDENT IN SHEPTON MALLETT AND THE NEIGHBOURHOOD THEREOF.
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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
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.