BROADENING CHOICES FOR OLDER PEOPLE
Financial health, per its FY2025 accounts
The accounts state that the charity reported a consolidated operating surplus of £173,317 and a total surplus for the year of £78,215, driven by strong occupancy and operational performance. The charity holds unrestricted reserves of £14,954,279, providing a significant buffer against identified risks such as a historic rent miscalculation requiring a £250,000 repayment. The trustees confirm the organization is a going concern with adequate resources to continue operations for at least twelve months.
What the accounts disclose
“One employee, other than the Chief Executive, received emoluments above £60,000 and is in the banding £60,000 - £70,000 (2024 - One).” — page 61
“One employee, other than the Chief Executive, received emoluments above £60,000 and is in the banding £60,000 - £70,000 (2024 - One).” — page 61
“The Charity had one (2024 - one) Board membes who acted as a Trustee to the charity Wiggin Cottage Homes for which the Charity acts as the managing agent. The management fee charged in the year was £6,391 (2024 £6,086). At the year end £200,233 (2024 - £209,081) was owed to Wiggin Cottage Homes. During the year, interest of £4,870 (2024 - £1,652) was paid on this loan.” — page 80
“The Charity pools surplus funds with its subsidiaries to easily manage the Group's investment portfolio. Interest is charged on the loans at the Group's deposit rate. At the year end the Charity has balances due to subsidiaries of £946,369 (2024 - £919,168).” — page 80
“The Charity had one (2024 - one) Board membes who acted as a Trustee to the charity Wiggin Cottage Homes for which the Charity acts as the managing agent. The management fee charged in the year was £6,391 (2024 £6,086). At the year end £200,233 (2024 - £209,081) was owed to Wiggin Cottage Homes. During the year, interest of £4,870 (2024 - £1,652) was paid on this loan.” — page 80
“The Charity pools surplus funds with its subsidiaries to easily manage the Group's investment portfolio. Interest is charged on the loans at the Group's deposit rate. At the year end the Charity has balances due to subsidiaries of £946,369 (2024 - £919,168).” — page 80
“The Group comprises two other smaller charities and BCOP Services Limited - a company incorporated in England and Wales which has been dormant since incorporation.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Neville Williams House: Good
- Robert Harvey House: Good
- Anita Stone Court: Good
Register events
- Received assets from another charity (17/10/2014)
Trustees
- Deborah Anne Sizerchair
- Graham Mark Hall
- HELEN LOUISE GORE
- Lydia Willetts
- Matthew Neville Willcox
- Nigel Wilson
- Oluwatosin Durojaiye
- Peta Susan Mandleberg
- Tapshum Pattni
- Zahid Sarfraz Bhatti
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.0m | £10.0m |
| 31/03/2024 | £9.0m | £8.8m |
| 31/03/2023 | £7.7m | £8.1m |
| 31/03/2022 | £7.7m | £7.5m |
| 31/03/2021 | £7.7m | £7.3m |
Common questions
Is BROADENING CHOICES FOR OLDER PEOPLE financially healthy?
The accounts state that the charity reported a consolidated operating surplus of £173,317 and a total surplus for the year of £78,215, driven by strong occupancy and operational performance. The charity holds unrestricted reserves of £14,954,279, providing a significant buffer against identified risks such as a historic rent miscalculation requiring a £250,000 repayment. The trustees confirm the organization is a going concern with adequate resources to continue operations for at least twelve months. Its FY2025 accounts were audited by Dains Audit Limited.
What does the highest-paid employee of BROADENING CHOICES FOR OLDER PEOPLE earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |