PETWORTH COTTAGE NURSING HOME
Financial health, per its FY2022 accounts
The accounts state that the charity reported an operating deficit of £265,571 and an overall deficit of £40,377 for the year ended 31 December 2022, leading to a decrease in total reserves. Despite these losses, the trustees report that unrestricted funds remained at £2,948,262, which is above their stated policy target of £800,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- CHRISTOPHER RICHARD HUBBARDchair
- ANDREW WILLIAM BROOKE
- Allan M Hepworth
- DAVID HEATH MATHIESON BURRELL
- Dr Anthony John Smoker
- Dr GRAHAM MARK LYONS
- Dr SIMON PETT
- John Atkins
- Phillipa Barton
- Timothy John Barrington
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.9m | £2.1m |
| 31/12/2023 | £1.9m | £1.9m |
| 31/12/2022 | £1.9m | £1.9m |
| 31/12/2021 | £1.6m | £1.6m |
| 31/12/2020 | £1.7m | £1.6m |
Common questions
Is PETWORTH COTTAGE NURSING HOME financially healthy?
The accounts state that the charity reported an operating deficit of £265,571 and an overall deficit of £40,377 for the year ended 31 December 2022, leading to a decrease in total reserves. Despite these losses, the trustees report that unrestricted funds remained at £2,948,262, which is above their stated policy target of £800,000, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2022 accounts were audited by Matthew Cleghorn FCA BSc (Hone), Anova.