THE FREMANTLE TRUST
Latest income
£49.5m
Latest spending
£49.3m
Registered
1992
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the Trust reported an unrestricted operating surplus of £0.3m for the year ended 31 March 2025, with total net assets increasing to £2m. However, the Trustees identified a material uncertainty regarding going concern due to the Trust's dependence on non-legally binding financial support from its parent company, OSJCT.
What the accounts disclose
Reserves policy: minimum cash balance of £0.2m (held: £1.9m)
“The Board of Trustees believe that to allow appropriate future cover for continuing operating costs, the charity should maintain positive reserves and hold a minimum cash balance of £0.2m.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“The financial support from the parent Charitable Company is not legally binding and therefore may be withdrawn. The Trustees consider that this is a material uncertainty related to events or conditions that may cast significant doubt upon the Trust’s ability to continue as a going concern” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Management services provided by parent
“During the year, The Orders of St Johns Care Trust provided management services to the Trust equating to £982,000 (2024: In-kind services equated to £147,000). At 31 March 2025, £59,000 was outstanding.” — page 26
“During the year, The Orders of St Johns Care Trust procured good and services on behalf of the Trust amounting to £1,409,000 (2024: £Nil). At 31 March 2025, £93,000 was outstanding.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Procurement of goods/services by parent
“During the year, The Orders of St Johns Care Trust provided management services to the Trust equating to £982,000 (2024: In-kind services equated to £147,000). At 31 March 2025, £59,000 was outstanding.” — page 26
“During the year, The Orders of St Johns Care Trust procured good and services on behalf of the Trust amounting to £1,409,000 (2024: £Nil). At 31 March 2025, £93,000 was outstanding.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Project management services by parent
“During the year, The Orders of St Johns Care Trust provided management services to the Trust equating to £982,000 (2024: In-kind services equated to £147,000). At 31 March 2025, £59,000 was outstanding.” — page 26
“During the year, The Orders of St Johns Care Trust procured good and services on behalf of the Trust amounting to £1,409,000 (2024: £Nil). At 31 March 2025, £93,000 was outstanding.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Supplier rebates shared by parent
“During the year, The Orders of St Johns Care Trust provided management services to the Trust equating to £982,000 (2024: In-kind services equated to £147,000). At 31 March 2025, £59,000 was outstanding.” — page 26
“During the year, The Orders of St Johns Care Trust procured good and services on behalf of the Trust amounting to £1,409,000 (2024: £Nil). At 31 March 2025, £93,000 was outstanding.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Leonard Pulham Limited
“Since 12 May 2020, the Charity has been the Parent of Leonard Pulham Limited which is a registered society under the Co-operative and Community Benefit Societies Act 2014. The subsidiary was a former care home for old people until May 2020 when it closed and has not re-opened.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£49.5m
Total spending
£49.3m
Reserves (reported)
£2.0m
Employees
1,411
Care Quality Commission ratings
- Mulberry Court: Requires improvement
- Icknield Court: Requires improvement
- Sir Aubrey Ward House: Requires improvement
- Aylesbury Supported Living Service: Requires improvement
- Cherry Garth: Requires improvement
- Cotswold Cottage: Good
- The Gables: Good
- Lent Rise House: Good
- Chesham Supported Living: Good
- Milton Keynes Supported Living Service: Outstanding
Trustees
- Daniel Hayes
- Graham Stuart Hutton
- Michael Anthony Stredder
- Mildred Maria Elisabeth Wentworth-Stanley
- Tracey Wardle
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £49.5m | £49.3m |
| 31/03/2024 | £48.1m | £49.7m |
| 31/03/2023 | £44.3m | £44.4m |
| 31/03/2022 | £43.5m | £43.5m |
| 31/03/2021 | £45.2m | £46.6m |
Common questions
Is THE FREMANTLE TRUST financially healthy?
The accounts state that the Trust reported an unrestricted operating surplus of £0.3m for the year ended 31 March 2025, with total net assets increasing to £2m. However, the Trustees identified a material uncertainty regarding going concern due to the Trust's dependence on non-legally binding financial support from its parent company, OSJCT. Its FY2025 accounts were audited by BDO LLP.