CEDARS CASTLE HILL
The provision of sheltered residential accomodation and care for the benefit of aged persons who are in need in Shaftesbury and the surrounding area
Financial health, per its FY2025 accounts
The accounts state that the charity suffered a deficit of £382,275 for the year ended 31 March 2025, primarily due to the sale of its care homes and associated impairment losses. Per the trustees' report, unrestricted reserves stood at £928,983, which comfortably exceeds the stated policy target of three months' running costs, and the going concern basis is supported by these strengthened reserves.
What the accounts disclose
“Prior to the sale of The Cedars, we aimed to maintain reserve levels that were broadly equivalent to three months’ running costs.” — page 4
Corporate structure
- Registered company of the charity Companies House 03913377
Structured financials (annual return, FY ending 31/03/2024)
Trustees
- Caroline Victoria Hamblett
- David Charles Healey
- Davina Lynn Smith
- Martin Thomas
- Matthew John Smith
- Michael Hall
- Stephen Baynard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £70k | £108k |
| 31/03/2024 | £1.5m | £1.8m |
| 31/03/2023 | £1.9m | £2.4m |
| 31/03/2022 | £2.5m | £2.3m |
| 31/03/2021 | £2.6m | £2.3m |
Common questions
Is CEDARS CASTLE HILL financially healthy?
Per its FY2025 accounts: The accounts state that the charity suffered a deficit of £382,275 for the year ended 31 March 2025, primarily due to the sale of its care homes and associated impairment losses. Per the trustees' report, unrestricted reserves stood at £928,983, which comfortably exceeds the stated policy target of three months' running costs, and the going concern basis is supported by these strengthened reserves. Its FY2025 accounts were independently examined.