SELWORTHY HOUSE ADDICTION RECOVERY ENTERPRISE
ACCOMMODATION SERVICESEDUCATION AND TRAINING ADVICE AND SUPPORT SERVICES
Financial health, per its FY2025 accounts
The accounts state that the charity maintained a surplus of £16,987 for the period, reducing its net deficit from £56,477 to £39,490. However, the charity holds negative unrestricted reserves of £39,490, which is below its stated policy target of maintaining three to six months' expenditure. The trustees consider the charity a going concern, noting that cash at bank was approximately £7,300 at the date of signing.
What the accounts disclose
“Housing benefits received Charitable activities 382,918” — page 13
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 5
“During the year, SHARE was mistakenly struck off the Companies House register due to correspondence being sent to an unrelated property named “Selworthy House” in Liverpool. The administrative error was identified and rectified promptly once discovered.” — page 4
Structured financials (annual return, FY ending 28/02/2022)
Trustees
- ANDREW NICHOLAS BARBER
- Raymond Court-Hampton
- Roy Fisher
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £415k | £398k |
| 29/02/2024 | £381k | £451k |
| 28/02/2023 | £380k | £373k |
| 28/02/2022 | £507k | £692k |
| 28/02/2021 | £618k | £509k |
Common questions
Is SELWORTHY HOUSE ADDICTION RECOVERY ENTERPRISE financially healthy?
Per its FY2025 accounts: The accounts state that the charity maintained a surplus of £16,987 for the period, reducing its net deficit from £56,477 to £39,490. However, the charity holds negative unrestricted reserves of £39,490, which is below its stated policy target of maintaining three to six months' expenditure. The trustees consider the charity a going concern, noting that cash at bank was approximately £7,300 at the date of signing. Its FY2025 accounts were independently examined.