GLEBE HOUSE (CHARNWOOD) LIMITED
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £1,210,733 against total expenditure of £1,162,412, resulting in a net surplus. The charity holds unrestricted reserves of £893,104, which the trustees consider to be slightly above their stated policy target of £186,642. However, the trustees note that increases in the National Living Wage and employer National Insurance are putting pressure on long-term finances.
What the accounts disclose
“The Trustees consider that the ideal level of reserves as at 31st March 2025 would be £186,642.”
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Glebe Cottage: Good
Register events
- Received assets from another charity (15/01/2025)
Trustees
- Hatel vanmali Mistry
- MARIE MOORE
- Sharon Dewsbury
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.2m |
| 31/03/2024 | £1.1m | £1.1m |
| 31/03/2023 | £968k | £1.0m |
| 31/03/2022 | £838k | £896k |
| 31/03/2021 | £1.0m | £903k |
Common questions
Is GLEBE HOUSE (CHARNWOOD) LIMITED financially healthy?
The accounts state that total income for the year was £1,210,733 against total expenditure of £1,162,412, resulting in a net surplus. The charity holds unrestricted reserves of £893,104, which the trustees consider to be slightly above their stated policy target of £186,642. However, the trustees note that increases in the National Living Wage and employer National Insurance are putting pressure on long-term finances. Its FY2025 accounts were audited by Newby Castleman LLP.