The Greatham Foundation Ltd
The Greatham Foundation provides:Residential care for older people at Stichell House in Greatham near HartlepoolDay care and community services for people with dementia at its day centres in Hartlepool and County DurhamAlmshouses in Greatham, Stockton, Norton and the wider north eastGrants to charities
Financial health, per its FY2024 accounts
The accounts state that total funds increased by £6.0m to £52.0m, driven by a £5.9m gain on investments, despite an operating deficit of £0.4m on charitable activities. The charity holds £3.7m in unrestricted reserves, which is significantly higher than its stated policy target of three months of core operating costs (£1.3m). The pension scheme is in surplus, and the trustees report no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The principal source of funding for the charity's activities continues to be income received from fees, contract payments and grants for its care and community services. This income stream remained consistent at 73% (£3.0m) of total income during the year” — page 24
“The trustees have adopted a reserves policy to ensure operational continuity in the unlikely event of a sudden loss of income. The policy sets a target of holding unrestricted reserves equivalent to three months of core operating costs—currently estimated at £1.3m.” — page 27
“Robert Eden, who served as trustee during the year, was during the year an employer-nominated trustee of the Greatham Hospital Pension Scheme, of which the charity is the sponsoring employer.” — page 59
Corporate structure
- Registered company of the charity Companies House 06533385
Leadership, per the charity’s website
- Deborah Lewis-Bynoe — Chief Executive Officer
- Lawrence McAnelly — Director
- Margaret Bousfield — Chair of the Board of Trustees
Company officers (Companies House)
- BUTTERWORTH, Jacqueline on trustee list
- FENNY, Nigel Michael on trustee list
- WOOD, Rachel Astrid, Venerable on trustee list
- HANCOCK, Isla Patricia on trustee list
- EDEN, Robert John on trustee list
- BOUSFIELD, Margaret Elizabeth on trustee list
- SINCLAIR, Philippa Lucy on trustee list
- LEWIS-BYNOE, Deborah
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/10/2025)
Care Quality Commission ratings
- Stichell House: Good
Trustees
- Jacqueline Butterworth
- Margaret Bousfield
- Nigel Fenny
- PHILIPPA SINCLAIR
- Patricia Hancock
- Rev Rachel Wood
- Robert Eden
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £4.5m | £5.4m |
| 31/10/2024 | £4.1m | £4.5m |
| 31/10/2023 | £3.7m | £4.3m |
| 31/10/2022 | £3.9m | £5.1m |
| 31/10/2021 | £5.0m | £5.7m |
Common questions
Is The Greatham Foundation Ltd financially healthy?
Per its FY2024 accounts: The accounts state that total funds increased by £6.0m to £52.0m, driven by a £5.9m gain on investments, despite an operating deficit of £0.4m on charitable activities. The charity holds £3.7m in unrestricted reserves, which is significantly higher than its stated policy target of three months of core operating costs (£1.3m). The pension scheme is in surplus, and the trustees report no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by JBC Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| PINK RIBBON FOUNDATION | 1 | £418k |
| HEVENINGHAM HALL COUNTRY FAIR TRUST | 1 | £60k |
| SIR JOHN PRIESTMAN CHARITY TRUST | 1 | £21k |
| THE BALLINGER CHARITABLE TRUST | 1 | £20k |
| THE JGW PATTERSON FOUNDATION | 1 | £20k |
| HOSPICE AID UK | 1 | £10k |
| THE DUKE OF NORTHUMBERLAND'S CHARITY | 1 | £10k |
| THE GREEN HALL FOUNDATION | 1 | £9k |
Charities like this
- HARTLEPOOL NDC TRUST
- ST. JOHN'S FOUNDATION EST. 1174
- GREETHAM JUBILEE COMMUNITY CENTRE
- THE HARTLEPOOL HOSPICE LIMITED
- AGE UK EAST GRINSTEAD & DISTRICT
- NORTH TEES AND HARTLEPOOL NHS FOUNDATION TRUST GENERAL CHARITABLE FUND
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Greatham Foundation Ltd | £4.5m | — | — | unclear | — | no doubt |
| HARTLEPOOL NDC TRUST | £109k | — | 0 | below | — | no doubt |
| ST. JOHN'S FOUNDATION EST. 1174 | £5.4m | — | — | unclear | — | no doubt |
| GREETHAM JUBILEE COMMUNITY CENTRE | £109k | — | 0 | unclear | — | no doubt |
| THE HARTLEPOOL HOSPICE LIMITED | £3.8m | £70,001 - £80,000 | — | above | — | no doubt |
| AGE UK EAST GRINSTEAD & DISTRICT | £274k | — | 0 | unclear | — | no doubt |