THE WHITELEY HOMES TRUST
Provision of housing and related services (including, extra-care, residential care and nursing care) to older people of limited means.
Financial health, per its FY2024 accounts
The accounts state that the charity reported an operating deficit of £317k for the year, primarily due to the sale of its care home and reduced income. However, the trustees consider the financial position prudent, noting that free cash reserves of £2.0m equate to 4.4 months of expenditure, exceeding their policy target of three months. The charity also successfully reduced its loan borrowing by approximately one-third following the sale of the Eliza Palmer Hub.
What the accounts disclose
“£120,000 - £129,999 1”
“Four employees earned more than £60,000 in the year” — page 45
“Charitable activities 5,565 80.5%”
“The Trustees consider it desirable to have free cash reserves equating to at least three months’ expenditure as an operating contingency balance.”
“The Trust has one active trading subsidiary: Whiteley Village Services Limited (company number 6760134).”
Corporate structure
- Registered company of the charity Companies House 04957706
Company officers (Companies House)
- MORRIS, Carol on trustee list
- BEK, Reginald David Philip on trustee list
- JENKINS, David on trustee list
- JOSHI, Jaswant Rai on trustee list
- HAUXWELL, Elizabeth Anne on trustee list
- GULATI, Sanjay on trustee list
- REES, Nathan Michael on trustee list
- BRYANT, Craig on trustee list
- HENDERSON, Mark Gideon on trustee list
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- Huntley House Extra Care: Requires improvement
Register events
- Received assets from another charity (28/06/2019)
- Received assets from another charity (04/08/2017)
Trustees
- Carol Morris
- Craig Bryant
- David Jenkins
- Elizabeth Anne Hauxwell
- Elli Vlavianou
- Jaswant Joshi
- Mark Henderson
- Nathan Rees
- Reginald Bek
- Sanjay Gulati
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £6.9m | £7.2m |
| 31/12/2023 | £8.0m | £12.4m |
| 31/12/2022 | £8.8m | £9.0m |
| 31/12/2021 | £8.7m | £8.9m |
| 31/12/2020 | £8.6m | £12.8m |
Common questions
Is THE WHITELEY HOMES TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported an operating deficit of £317k for the year, primarily due to the sale of its care home and reduced income. However, the trustees consider the financial position prudent, noting that free cash reserves of £2.0m equate to 4.4 months of expenditure, exceeding their policy target of three months. The charity also successfully reduced its loan borrowing by approximately one-third following the sale of the Eliza Palmer Hub. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
What does the highest-paid employee of THE WHITELEY HOMES TRUST earn?
Per its FY2024 accounts, the highest-paid employee was in the £120,000 - £129,999 band, and 4 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 29/09/2016 | £10k | Celebrating 100 years of Whiteley Village |
| The National Lottery Community Fund | 15/11/2012 | £10k | Internal sensory courtyard garden for care centre residents |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MASONIC SAMARITAN FUND | 1 | £6.9m |
Charities like this
- ST CHRISTOPHER'S HOMES
- Beaconwild Ltd
- CALICO HOMES LIMITED
- SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION
- THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY
- EOTHEN HOMES LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE WHITELEY HOMES TRUST | £6.9m | £120,000 - £129,999 | 4 | above | — | no doubt |
| ST CHRISTOPHER'S HOMES | £3.3m | — | 0 | unclear | — | no doubt |
| Beaconwild Ltd | £2.2m | — | — | unclear | — | no doubt |
| CALICO HOMES LIMITED | £35.2m | — | — | unclear | — | no doubt |
| SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION | £1.5m | — | 0 | above | — | no doubt |
| THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY | £64.6m | — | — | unclear | — | no doubt |