MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION

Registered charity 1158933 · accounts filings on the Charity Commission register · also known as MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATION ORGANISATION, OLD HASTINGS HOUSE; OHH

The provision of residential care on a not-for -profit basis for elderly residents of Hastings in a 59 room care home.

Objects

THE PREVENTION AND RELIEF OF POVERTY AND THE RELIEF OF OLD AGE AMONGST PERSONS LIVING IN OR NEAR THE BOROUGH OF HASTINGS ('BENEFICIARIES') BY THE PROVISIONS AND MAINTENANCE IN HASTINGS OF A CARE HOME COMPRISING THE LAND AND BUILDINGS KNOWN AS OLD HASTINGS HOUSE (OR ANY PROPERTY ACQUIRED IN ITS PLACE) OR BY THE ESTABLISHMENT AND MAINTENANCE OF OTHER FACILITIES FOR ELDERLY PERSONS LIVING IN OR NEAR THE BOROUGH OF HASTINGS OR WHO HAVE A FAMILY OR OTHER CONNECTION WITH HASTINGS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Other Charitable Purposes · website · Get email alerts

Latest income
£2.5m
Latest spending
£3.4m
Registered
2014
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a global deficit of £901,202 for the year ended 31 March 2025, driven by the sale of its care home and significant investment impairments. Per the trustees' report, the charity's free reserves totalled £266,418, which the trustees view as a minimum level, while noting that the Magdalen and Lasher Charity General Fund has committed to supporting the charity for the foreseeable future.

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

What the accounts disclose

Reserves policy: minimum level (held: £266k)
“Trustees view the present level of reserves as a minimum level and intend wherever possible to increase the Charity's cash reserves. The Trustees are currently reviewing the Charity's level of reserves”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Loan repayment
“As at the year-end the charity owed £Nil (2024 - £40,000) to Magdalen & Lasher General Fund in respect of a loan made to the charity. The loan was repaid in financial year 2024/25.” — page 27
“A grant of £Nil (2024 - £100,000) was received and a donation of £1,891 (2024: £39,072) was received.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Grant received
“As at the year-end the charity owed £Nil (2024 - £40,000) to Magdalen & Lasher General Fund in respect of a loan made to the charity. The loan was repaid in financial year 2024/25.” — page 27
“A grant of £Nil (2024 - £100,000) was received and a donation of £1,891 (2024: £39,072) was received.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ad Valorem Audit Services Limited. Discloses 5 of 6 completeness components.

In its annual return the charity told the Commission it is also regulated by: Care Quality Commission. This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£2.5m
Total spending
£3.4m
Reserves (reported)
£1.5m
Employees
93

Reported reserves equal ~5.2 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: East Sussex

Income and spending

Financial year endIncomeSpending
31/03/2025£2.5m£3.4m
31/03/2024£2.5m£2.5m
31/03/2023£2.2m£2.1m
31/03/2022£2.2m£2.0m
31/03/2021£2.1m£2.0m

Common questions

Is MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a global deficit of £901,202 for the year ended 31 March 2025, driven by the sale of its care home and significant investment impairments. Per the trustees' report, the charity's free reserves totalled £266,418, which the trustees view as a minimum level, while noting that the Magdalen and Lasher Charity General Fund has committed to supporting the charity for the foreseeable future. Its FY2025 accounts were audited by Ad Valorem Audit Services Limited.

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.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MAGDALEN AND LASHER CHARITY.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION£2.5m—0above—no doubt
THE MAGDALEN AND LASHER CHARITY FY2025£553k—0unclear—no doubt
MAGDALEN AND LASHER EDUCATIONAL FOUNDATION FY2025£305k—0unclear—no doubt
ST ANDREW'S HOUSE FY2025£1.5mUnder £60,0000unclear—no doubt
BAXENDALE CARE HOME FY2025£2.7mmore than £60,0001within—no doubt
HOMES OF REST FOR OLD PEOPLE ALSO KNOWN AS RADCLIFFE MANOR HOUSE FY2026£1.2m—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.