The Greatham Foundation Ltd

Registered charity 1123540 · accounts filings on the Charity Commission register · also known as THE HOSPITAL OF GOD AT GREATHAM

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

Causes: Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£4.5m
Latest spending
£5.4m
Registered
2008
Accounts read
FY2024

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.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (73% of income)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three months of core operating costs (held: £3.7m)
“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
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Robert Eden, a trustee, was an employer-nominated trustee of the Greatham Hospital Pension Scheme.
“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
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by JBC Accountants. Discloses 4 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: The Greatham Foundation Ltd — Registered, 5 registered locations, 1 regulated activity, last inspected 21/04/2023.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/10/2025)

Total income
£4.5m
Total spending
£5.4m
Cost of raising funds
£1.1m
Reserves (reported)
£3.8m
Employees
101

Reported reserves equal ~8.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (71% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 23.8% of total income — in the top quarter for charities its size (median 5.2%) (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 networks

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

Operates in: Darlington · Durham · Gateshead · Hartlepool · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Stockton-on-tees · Sunderland

Income and spending

Financial year endIncomeSpending
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

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HARTLEPOOL NDC TRUST.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
The Greatham Foundation Ltd£4.5m——unclear—no doubt
HARTLEPOOL NDC TRUST FY2025£109k—0below—no doubt
ST. JOHN'S FOUNDATION EST. 1174 FY2025£5.4m——unclear—no doubt
GREETHAM JUBILEE COMMUNITY CENTRE FY2025£109k—0unclear—no doubt
THE HARTLEPOOL HOSPICE LIMITED FY2025£3.8m£70,001 - £80,000—above—no doubt
AGE UK EAST GRINSTEAD & DISTRICT FY2025£274k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.