PETWORTH COTTAGE NURSING HOME

Registered charity 1058769 · accounts filings on the Charity Commission register

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Latest income
£1.9m
Latest spending
£2.1m
Registered
1996
Accounts read
FY2022

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

Accounts audited by Matthew Cleghorn FCA BSc (Hone), Anova. Discloses 3 of 6 completeness components.

Public fundraising profile: JustGiving — Petworth Cottage Nursing Home (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£1.9m
Total spending
£2.1m
Cost of raising funds
£14k
Reserves (reported)
£1.0m
Employees
54

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: West Sussex

Income and spending

Financial year endIncomeSpending
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.