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THE WHITELEY HOMES TRUST

Registered charity 1103056 · accounts filings on the Charity Commission register · also known as WHITELEY VILLAGE

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Latest income
£6.9m
Latest spending
£7.2m
Registered
2004
Accounts read
FY2024

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

Highest-paid employee band: £120,000 - £129,999 — in the top quarter for charities its size (median £70k)
“£120,000 - £129,999 1”
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 4
“Four employees earned more than £60,000 in the year” — page 45
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of expenditure (held: £2.5m)
“The Trustees consider it desirable to have free cash reserves equating to at least three months’ expenditure as an operating contingency balance.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Whiteley Village Services Limited
“The Trust has one active trading subsidiary: Whiteley Village Services Limited (company number 6760134).”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 6 of 6 completeness components.

Public fundraising profile: JustGiving — The Whiteley Homes Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£6.9m
Total spending
£7.2m
Cost of raising funds
£10k
Reserves (reported)
£2.5m
Employees
76

Reported reserves equal ~4.1 months of spending — below the median for charities its size (median 4.8 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).

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Trustees

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

Operates in: Surrey

Income and spending

Financial year endIncomeSpending
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?

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.