DOWNHURST RESIDENTIAL HOME LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity incurred a net expenditure of £270,312 for the year, resulting in unrestricted funds decreasing from £460,261 to £189,947. The trustees report that expenditure exceeded income due to lower occupancy rates and excessive legal fees, requiring reliance on savings and proceeds from the sale of Louisa Chilton Court. Despite these financial pressures, the trustees maintain that the charity has adequate resources to continue as a going concern.
What the accounts disclose
“One employee received emoluments of more than £60,000 (2021 : Nil ).” — page 20
“One employee received emoluments of more than £60,000 (2021 : Nil ).” — page 20
“Elisabeta Pashaj who is a trustee/director is being paid as the CEO employee of the company from February 2022.” — page 6
“Elisabeta Pashaj who is a trustee/director is being paid as the CEO employee of the company from February 2022.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Downhurst Residential Home Limited: Good
Trustees
- ELISABETA PASHAJ
- ELISABETA PASHAJ
- Elisabeta Pashaj
- Leila Kathleen Farag
- Leo William Matlock
- Michael Owen Daly
- Paul Michael Myrie Foster
- Peter Terence O'Neil
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.3m |
| 31/03/2024 | £2.9m | £1.3m |
| 31/03/2023 | £890k | £1.2m |
| 31/03/2022 | £1.0m | £1.3m |
| 31/03/2021 | £1.1m | £934k |
Common questions
Is DOWNHURST RESIDENTIAL HOME LIMITED financially healthy?
The accounts state that the charity incurred a net expenditure of £270,312 for the year, resulting in unrestricted funds decreasing from £460,261 to £189,947. The trustees report that expenditure exceeded income due to lower occupancy rates and excessive legal fees, requiring reliance on savings and proceeds from the sale of Louisa Chilton Court. Despite these financial pressures, the trustees maintain that the charity has adequate resources to continue as a going concern. Its FY2023 accounts were audited by Levy + Partners Limited.
What does the highest-paid employee of DOWNHURST RESIDENTIAL HOME LIMITED earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.