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BETHSHAN SHELTERED HOUSING ASSOCIATION

Registered charity 1064373 · accounts filings on the Charity Commission register · also known as BETHSHAN NURSING HOME & HOUSING PROJECT

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Latest income
£2.7m
Latest spending
£2.7m
Registered
1997
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net expenditure deficit of £26,466 for the year ended 31 March 2025, a significant improvement from the previous year's deficit of £171,243. Total funds carried forward stood at £1,827,020, with free reserves of £468,243 falling below the stated policy target of approximately £650,000. The trustees identified material uncertainties regarding the charity's ability to continue as a going concern due to reserves no longer meeting policy targets and reliance on securing future funding stability.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The level of reserves was set at 3 months operating costs several years ago - this currently equates to approximately £650,000, however, we have been unable to maintain sufficient funds to meet this policy.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“The assessment of the trustees is that the charity is a going concern, but there are material uncertainties relating to its ability to continue as a going concern.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Payments to trustees: Mr. L Allen received remuneration of £7,195.
“The remuneration paid to Mr. L Allen for the year ended 31st March 2025 amounted to £7,195 (2024 £7,422) and is included in governance wages.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Hope Church (Newtown) provided chaplaincy services amounting to £2,223 (2024 £1,307). No amounts were outstanding at the year end (2024 nil). Hope Church (Newtown) has directors/trustees in common.
“During this year Hope Church (Newtown) provided chaplaincy services amounting to £2,223 (2024 £1,307). No amounts were outstanding at the year end (2024 nil). Hope Church (Newtown) has directors/trustees in common.” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by D.R.E. & Co. (Audit) Limited. Discloses 5 of 6 completeness components.

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

Total income
£2.7m
Total spending
£2.7m
Cost of raising funds
£2k
Reserves (reported)
£468k
Employees
46

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Powys

Income and spending

Financial year endIncomeSpending
31/03/2025£2.7m£2.7m
31/03/2024£2.4m£2.6m
31/03/2023£2.0m£2.2m
31/03/2022£1.9m£1.8m
31/03/2021£1.8m£1.8m

Common questions

Is BETHSHAN SHELTERED HOUSING ASSOCIATION financially healthy?

The accounts state that the charity reported a net expenditure deficit of £26,466 for the year ended 31 March 2025, a significant improvement from the previous year's deficit of £171,243. Total funds carried forward stood at £1,827,020, with free reserves of £468,243 falling below the stated policy target of approximately £650,000. The trustees identified material uncertainties regarding the charity's ability to continue as a going concern due to reserves no longer meeting policy targets and reliance on securing future funding stability. Its FY2025 accounts were audited by D.R.E. & Co. (Audit) Limited.