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THE ROSEMOUNT HOME

Registered charity 1158481 · accounts filings on the Charity Commission register

We provide skilful and considerate care in a professional and caring manner to elderly people within Derwentside to retain their bonds with the local community. We strive to give each resident who chooses, the opportunity to enhance their lives by taking part in social activities and outings should they so wish. It is our aim to promote with dignity an active and independent life.

Causes: Accommodation/housing · Get email alerts

Latest income
£692k
Latest spending
£682k
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity made a surplus of £10,261 for the year ended 31 May 2025, compared to a deficit in the prior year. Free reserves stood at £57,686 at year-end, which the trustees note is held to meet future maintenance and potential redundancy costs. The trustees confirmed adequate resources for going concern purposes.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: sufficient reserves to meet future maintenance and the eventual replacement of the lift... and to cover the costs of the redundancy payments (held: £58k)
“The Charity seeks to hold sufficient reserves to meet future maintenance and the eventual replacement of the lift. It also maintains sufficient reserves to cover the costs of the redundancy payments should they ever become necessary if bed occupancy or revenues were to fall below the levels required to maintain the charity in its present condition.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — ROSEMOUNT HOME (matched by registered charity number).

Property (HM Land Registry)

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

Structured financials (annual return, FY ending 31/05/2025)

Total income
£692k
Total spending
£682k
Reserves (reported)
£58k
Employees
28

Reported reserves equal ~1.0 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Register events

Trustees · trustee networks

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

Operates in: Durham

Income and spending

Financial year endIncomeSpending
31/05/2025£692k£682k
31/05/2024£640k£656k
31/05/2023£591k£571k
31/05/2022£499k£523k
31/05/2021£530k£504k

Common questions

Is THE ROSEMOUNT HOME financially healthy?

Per its FY2025 accounts: The accounts state that the charity made a surplus of £10,261 for the year ended 31 May 2025, compared to a deficit in the prior year. Free reserves stood at £57,686 at year-end, which the trustees note is held to meet future maintenance and potential redundancy costs. The trustees confirmed adequate resources for going concern purposes. Its FY2025 accounts were independently examined.