GREENSLEEVES HOMES TRUST
Registered charity 1060478 · accounts filings on the Charity Commission register
The provision of nursing and residential care, comfort and security to elderly men and women, at an economic price that reflects our charitable status.
Causes: Accommodation/housing · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £4.86m, driven by a £10.79m gain on the revaluation of freehold assets, despite an operating deficit. However, the trustees report that free/unrestricted reserves were £2.4m below the stated policy target of £2.2m (representing three months of ordinary costs) due to lower-than-budgeted occupancy and higher agency staff spending. The charity relies on a £4m bridging loan facility and expected property sales to maintain cash flow and restore reserves to policy levels.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Largest income source: Residents' care fees
“Residents’ care fees 87,903,124” — page 20
Per its FY2025 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £2.5m; policy: 10% of three-month ordinary costs (£2.2m))
“At the end of the financial year, the Trust was £2.4m short of this target due to difficulties in increasing occupancy levels, higher than budgeted spending on agency staff, and delayed property sales.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.
Audit opinion: qualified
“The trustees have been unable to identify all related parties and so we were unable to obtain sufficient and appropriate audit evidence about the completeness of this disclosure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loans to subsidiary Broadacres Care Home Trading Limited
“During the year, Greensleeves Homes Trust received income and made payments on behalf of Broadacres Care Home Trading Limited, equating to a net loan to Broadacres Care Home Trading Limited of £423,120.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Governance: Qualified opinion due to inability to verify related party disclosures
“The trustees have been unable to identify all related parties and so we were unable to obtain sufficient and appropriate audit evidence about the completeness of this disclosure.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Broadacres Care Home Trading Limited
“Broadacres Care Home Trading Limited (company number 09185042)” — page 38
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Grant Thornton UK LLP. Discloses 4 of 6 completeness components.
Year-over-year changes
- Reserves position vs the charity's own policy moved from "above" (FY2024) to "below" (FY2025).
Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.
In the news
Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).
Corporate structure
Public fundraising profile: JustGiving — Greensleeves Homes Trust (matched by registered charity number).
Company officers (Companies House)
Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.
- RICHMOND, Kevin Andrew — director, appointed 28/11/2024on trustee list
- CHRISTIE, Antony — director, appointed 16/05/2024on trustee list
- TOWNSON, Maria Brigid — director, appointed 21/11/2018on trustee list
- SPENCE, Patrick Charles Gordon — director, appointed 17/05/2018on trustee list
- OMOMA, Toma — secretary, appointed 01/07/2021
Official officers record.
Property (HM Land Registry)
42 registered titles in England and Wales held by the charity’s company or corporate body (29 freehold); recorded price paid £14.2m. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
CQC provider record: Greensleeves Homes Trust — Registered, 32 registered locations, 2 regulated activities, last inspected 21/01/2024.charity number confirmed by CQC CQC record
Public profiles (found on the charity’s own website): facebook (1,086 likes)
Structured financials (annual return, FY ending 31/03/2025)
Cost of raising funds
£169k
Reserves (reported)
£39.4m
Reported reserves equal ~5.0 months of spending — above the median for charities its size (median 4.6 months; benchmarks).
Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.2% of total income — below the median for charities its size (3.8%) (benchmarks).
Care Quality Commission ratings
CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).
- Lavender Fields: Inadequate (16/10/2025) · CQC record
- The Manor Care Home: Requires improvement (08/07/2026) · CQC record
- The Meadowcroft Care Home: Requires improvement (07/10/2025) · CQC record
- Mount Ephraim House: Requires improvement (25/11/2025) · CQC record
- The Orchards: Requires improvement (05/12/2025) · CQC record
- Queen Elizabeth House: Requires improvement (26/02/2026) · CQC record
- Arden House: Requires improvement (26/02/2026) · CQC record
- Buckler's Lodge Care Home: Requires improvement (09/09/2025) · CQC record
- Pelsall Hall: Good (06/08/2019) · CQC record
- Tickford Abbey: Good (04/11/2022) · CQC record
Register events
- Received assets from another charity (13/02/2023) — per the register’s event history; asset transfers typically record mergers or reorganisations.
Trustee list from the Charity Commission register (current, not historical).
Operates in: Throughout England
Income and spending
Common questions
Is GREENSLEEVES HOMES TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £4.86m, driven by a £10.79m gain on the revaluation of freehold assets, despite an operating deficit. However, the trustees report that free/unrestricted reserves were £2.4m below the stated policy target of £2.2m (representing three months of ordinary costs) due to lower-than-budgeted occupancy and higher agency staff spending. The charity relies on a £4m bridging loan facility and expected property sales to maintain cash flow and restore reserves to policy levels. Its FY2025 accounts were audited by Grant Thornton UK LLP.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with THE BROOMGROVE TRUST.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.