The Greatham Foundation Ltd
Financial health, per its FY2022 accounts
The accounts state that the charity reported an operating deficit of £1.25m for the year ended 31 October 2022, which was funded from unrestricted reserves. Despite a significant reduction in total funds due to unrealised investment losses, the trustees confirm that unrestricted reserves of £2.5m remain sufficient to enable the charity to continue its operations and meet obligations as they fall due.
What the accounts disclose
“The number of employees, whose remuneration for the year fell within the following bands, was: 2022 No. 1 £70,000 to £79,999” — page 56
“The number of employees, whose remuneration for the year fell within the following bands, was: 2022 No. 1 £70,000 to £79,999” — page 56
“The trustees have established a reserves policy to ensure that in the unlikely event of all sources of income ceasing at once the charity could operate for a period of three months, which equates to approximately £965k.” — page 34
“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 67
Leadership, per the charity’s website
- Deborah Lewis-Bynoe — Chief Executive Officer
- Lawrence McAnelly — Director
- Margaret Bousfield — Chair of the Board of Trustees
Structured financials (annual return, FY ending 31/10/2024)
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 |
|---|---|---|
| 31/10/2024 | £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 |
| 31/10/2020 | £5.0m | £5.4m |
Common questions
Is The Greatham Foundation Ltd financially healthy?
The accounts state that the charity reported an operating deficit of £1.25m for the year ended 31 October 2022, which was funded from unrestricted reserves. Despite a significant reduction in total funds due to unrealised investment losses, the trustees confirm that unrestricted reserves of £2.5m remain sufficient to enable the charity to continue its operations and meet obligations as they fall due. Its FY2022 accounts were audited by Wm Fortune & Son.
What does the highest-paid employee of The Greatham Foundation Ltd earn?
Per its FY2022 accounts, the highest-paid employee was in the £70,000 - £79,999 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PFC TRUST | 1 | £63k |
| THE HEADLEY TRUST | 1 | £50k |
| FARNHAM LIONS CLUB (CIO) | 1 | £25k |
| COLEFAX CHARITABLE TRUST | 1 | £12k |
| JOAN AINSLIE CHARITABLE TRUST | 1 | £9k |
| The Teesside Charity | 1 | £4k |
| TOWN AND MANOR OF HUNGERFORD CHARITY | 1 | £750 |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHIDDINGFOLD | 1 | £500 |