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CORNWALL CARE LIMITED

Registered charity 1053486 · accounts filings on the Charity Commission register · also known as CORNWALL CARE, CORNWALL COUNTY CARE LIMITED

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Latest income
£34.6m
Latest spending
£33.8m
Registered
1996
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income surplus of £781,000 for the year ended 31 March 2025, with total unrestricted funds of £9,963,000. However, the trustees have concluded that it is not appropriate to adopt a going concern basis of preparation because the trade and assets are intended to be transferred to a fellow subsidiary within the Sanctuary Group within twelve months.

What the accounts disclose

Going concern: noted by the trustees or auditor
“As a result, the Trustees have concluded that it is not appropriate to adopt a going concern basis of preparation in these financial statements.” — page 10
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with parent entity
“During the year, the charitable company entered into transactions totalling £4,304,135 with Sanctuary Housing Association. At the balance sheet date, the amount due from Sanctuary Housing Association was £2,664,600.” — page 37
“During the year, the charitable company entered into transactions totalling £819,256 with Sanctuary Affordable Housing Limited. At the balance sheet date, the amount due to Sanctuary Affordable Housing Limited was £12,398,497. This includes a loan balance and a revolving loan facility balance.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan and transactions with fellow subsidiary
“During the year, the charitable company entered into transactions totalling £4,304,135 with Sanctuary Housing Association. At the balance sheet date, the amount due from Sanctuary Housing Association was £2,664,600.” — page 37
“During the year, the charitable company entered into transactions totalling £819,256 with Sanctuary Affordable Housing Limited. At the balance sheet date, the amount due to Sanctuary Affordable Housing Limited was £12,398,497. This includes a loan balance and a revolving loan facility balance.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with fellow subsidiary
“During the year, the charitable company entered into transactions totalling £4,304,135 with Sanctuary Housing Association. At the balance sheet date, the amount due from Sanctuary Housing Association was £2,664,600.” — page 37
“During the year, the charitable company entered into transactions totalling £819,256 with Sanctuary Affordable Housing Limited. At the balance sheet date, the amount due to Sanctuary Affordable Housing Limited was £12,398,497. This includes a loan balance and a revolving loan facility balance.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Transactions with fellow subsidiary
“During the year, the charitable company entered into transactions totalling £4,304,135 with Sanctuary Housing Association. At the balance sheet date, the amount due from Sanctuary Housing Association was £2,664,600.” — page 37
“During the year, the charitable company entered into transactions totalling £819,256 with Sanctuary Affordable Housing Limited. At the balance sheet date, the amount due to Sanctuary Affordable Housing Limited was £12,398,497. This includes a loan balance and a revolving loan facility balance.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Amount due from subsidiary
“During the year, the charitable company entered into transactions totalling £4,304,135 with Sanctuary Housing Association. At the balance sheet date, the amount due from Sanctuary Housing Association was £2,664,600.” — page 37
“During the year, the charitable company entered into transactions totalling £819,256 with Sanctuary Affordable Housing Limited. At the balance sheet date, the amount due to Sanctuary Affordable Housing Limited was £12,398,497. This includes a loan balance and a revolving loan facility balance.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Francis Clark. Discloses 4 of 6 completeness components.

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

Total income
£34.6m
Total spending
£33.8m
Reserves (reported)
£0
Employees
843

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Cornwall · Devon · Isles Of Scilly

Income and spending

Financial year endIncomeSpending
31/03/2025£34.6m£33.8m
31/03/2024£32.4m£35.4m
31/03/2023£46.5m£47.5m
31/12/2021£40.4m£40.2m
31/12/2020£39.4m£38.0m

Common questions

Is CORNWALL CARE LIMITED financially healthy?

The accounts state that the charity reported a net income surplus of £781,000 for the year ended 31 March 2025, with total unrestricted funds of £9,963,000. However, the trustees have concluded that it is not appropriate to adopt a going concern basis of preparation because the trade and assets are intended to be transferred to a fellow subsidiary within the Sanctuary Group within twelve months. Its FY2025 accounts were audited by PKF Francis Clark.