Rye Health and Care

Registered charity 1014232 · accounts filings on the Charity Commission register · also known as RYE HEALTH & CARE LTD, RYE HEALTH AND CARE LIMITED, RYE MEMORIAL CARE CENTRE, RYE, WINCHELSEA AND DISTRICT MEMORIAL HOSPITAL LIMITED

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Latest income
£3.0m
Latest spending
£853k
Registered
1992
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £49,608 for the year ended 31 March 2024, resulting in unrestricted general reserves of £4,553,488. The trustees consider the liquid free reserves of £692,037 to be in line with their stated policy target range of £0.5m to £1.2m. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: between £0.5m and £1.2m (held: £692k)
Our reserves policy, which is reviewed annually, identifies an appropriate range for free reserves (defined as unrestricted funds excluding fixed assets) of between £0.5m and £1.2m. — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Donation to charity chaired by trustee
Mr B Nealon, a trustee, is the chairman of Rye & District Community Transport, a charity that Rye, Winchelsea And District Memorial Hospital donated £10,000 (2023: £10,000) to in the year. — page 31
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by GMP Audit Limited. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Rye Health and Care (matched by registered charity number).

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

Total income
£3.0m
Total spending
£853k
Cost of raising funds
£37k
Reserves (reported)
£4.9m
Employees
9

Reported reserves equal ~68.8 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

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

Operates in: East Sussex · Kent

Income and spending

Financial year endIncomeSpending
31/03/2025£3.0m£853k
31/03/2024£679k£753k
31/03/2023£682k£605k
31/03/2022£783k£636k
31/03/2021£600k£503k

Common questions

Is Rye Health and Care financially healthy?

The accounts state that the charity reported a net expenditure of £49,608 for the year ended 31 March 2024, resulting in unrestricted general reserves of £4,553,488. The trustees consider the liquid free reserves of £692,037 to be in line with their stated policy target range of £0.5m to £1.2m. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2024 accounts were audited by GMP Audit Limited.