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THE SANDWELL COMMUNITY CARING TRUST

Registered charity 1086162 · accounts filings on the Charity Commission register

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Latest income
£16.6m
Latest spending
£16.5m
Registered
2001
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a net expenditure of £888,442 for the year, driven by cost pressures, minimum wage increases, and pandemic-related occupancy issues. Although the charity had net current liabilities of £741,563 due to loan covenant breaches, the trustees and auditors confirmed the going concern basis is appropriate, citing improved performance in the subsequent year and bank acknowledgment of the breaches.

What the accounts disclose

Reserves policy: 10% of incoming resources from charitable activities (held: £8.2m)
“It is the policy of the Charity that unrestricted funds before the defined pension scheme liability, which have not been designated for a specific use, should be maintained at a level equivalent to 10% of incoming resources from charitable activities.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“As detailed in the Trustees' Report, the year ended 31st March 2023 was a difficult year which was reflected in the financial performance of the Charity. However financial performance in the current financial year has significantly improved. This together with the reasons outlined in the Trustees' Report has informed the Trustees' position in respect of going concern” — page 17
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by CK Audit. Discloses 4 of 6 completeness components.

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

Total income
£16.6m
Total spending
£16.5m
Reserves (reported)
£8.4m
Employees
521

Reported reserves equal ~6.1 months of spending — above the median for charities its size (median 4.6 months; 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).

Trustees

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

Operates in: Sandwell · Torbay

Income and spending

Financial year endIncomeSpending
31/03/2025£16.6m£16.5m
31/03/2024£16.2m£15.7m
31/03/2023£14.2m£15.1m
31/03/2022£14.0m£14.1m
31/03/2021£14.6m£14.7m

Common questions

Is THE SANDWELL COMMUNITY CARING TRUST financially healthy?

The accounts state that the charity reported a net expenditure of £888,442 for the year, driven by cost pressures, minimum wage increases, and pandemic-related occupancy issues. Although the charity had net current liabilities of £741,563 due to loan covenant breaches, the trustees and auditors confirmed the going concern basis is appropriate, citing improved performance in the subsequent year and bank acknowledgment of the breaches. Its FY2023 accounts were audited by CK Audit.