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ISLAND HEALTH TRUST

Registered charity 1127466 · accounts filings on the Charity Commission register · listed website unreachable when last crawled

Latest income
£363k
Latest spending
£115k
Registered
2009
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a total surplus for the year, driven significantly by a £1,937,500 revaluation gain on its investment property, resulting in total funds growing to £6,386,955. Free reserves stood at £1,511,117, which the trustees consider prudent given the risk of losing tenants and potential impacts from local redevelopment. The charity maintains a strong cash position of £1,541,164 and has no restricted funds.

What the accounts disclose

Reserves policy: one year’s annual income (held: £1.5m)
“The charity aims to increase its free reserves equal to at least one year’s annual income for the ground floor and the first floor.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by McCabe Ford Williams.

Charity Commission inquiry

The Charity Commission opened a statutory inquiry into Island Health Trust in 2017 due to concerns regarding the misuse of funds and potential private benefit to trustees. The inquiry concluded with the disqualification of former Chair Suzanne Goodband for seven years after finding she benefited from nearly £350,000 of charity funds.
“The regulatory action was taken after the inquiry found the former Chair benefitted from £349,955 over a two-year period – amounting to 60% of the charity’s income.”
“It found former trustees failed to act in the charity’s best interests and did not operate exclusively within the charity’s purposes.”
Per the Commission’s published report. Summary is automated; the official report is authoritative.

Corporate structure

Trustees

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

Operates in: Newham · Tower Hamlets

Income and spending

Financial year endIncomeSpending
31/03/2025£363k£115k
31/03/2024£362k£128k
31/03/2023£238k£190k
31/03/2022£342k£124k
31/03/2021£179k£176k

Common questions

Is ISLAND HEALTH TRUST financially healthy?

The accounts state that the charity reported a total surplus for the year, driven significantly by a £1,937,500 revaluation gain on its investment property, resulting in total funds growing to £6,386,955. Free reserves stood at £1,511,117, which the trustees consider prudent given the risk of losing tenants and potential impacts from local redevelopment. The charity maintains a strong cash position of £1,541,164 and has no restricted funds. Its FY2025 accounts were audited by McCabe Ford Williams.

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.

FunderSimilar charities fundedAmount to them
LEADERS IN COMMUNITY1£0

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