New Forest Care Homes Ltd
Financial health, per its FY2024 accounts
The accounts state that the charity generated a trading profit of £23,793, a 66% reduction from the previous year, driven by increased staffing and inflation costs. Per the trustees' report, the charity's cash reserves were below its stated policy target, resulting in a calculated shortfall of £211,416, though the board considers the charity able to function for the next 12 months.
What the accounts disclose
“One employee received emoluments within the band of £60,000 - £70,000.” — page 19
“One employee received emoluments within the band of £60,000 - £70,000. In 2023, no employees received emoluments in excess of £60,000.” — page 19
“However, the calculated "free cash" reserve figure is £766,584 (2023: £773,887), which gives a shortfall in cash reserves of £211,416” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- New Milton House: Good
Trustees
- ANGELA BOKOTA
- Charles Michael Scurr
- Dawn Carol Barker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.8m | £1.8m |
| 31/12/2023 | £1.6m | £1.5m |
| 31/12/2022 | £1.5m | £1.3m |
| 31/12/2021 | £1.2m | £1.3m |
| 31/12/2020 | £1.3m | £1.4m |
Common questions
Is New Forest Care Homes Ltd financially healthy?
The accounts state that the charity generated a trading profit of £23,793, a 66% reduction from the previous year, driven by increased staffing and inflation costs. Per the trustees' report, the charity's cash reserves were below its stated policy target, resulting in a calculated shortfall of £211,416, though the board considers the charity able to function for the next 12 months. Its FY2024 accounts were audited by Town & Forest.
What does the highest-paid employee of New Forest Care Homes Ltd earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.