MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION
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.
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.
What the accounts disclose
“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”
“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
“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
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- CLIVE SCOTT GALBRAITHchair
- ANN WING
- Andrew Brian Pope
- Cllr James Bacon
- Dr Patricia Lock
- IAN MICHAEL STEEL
- Ian Gallagher
- JUDITH ANN ROGERS
- John Henry Bilsby
- KEITH DONALDSON
- MICHAEL JABEZ FOSTER
- Mark Andrew Boles
- Rev Mathew Jamie David Phipps
- SUSAN MARY Phillips
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MANOUKIAN CHARITABLE FOUNDATION | 1 | £235k |
| THE MICHAEL UREN FOUNDATION | 1 | £60k |
| UNITED MISSION TO NEPAL HOSPITALS ENDOWMENT TRUST | 1 | £12k |
| CHURCH SOCIETY | 1 | £7k |
| HOPE WORLDWIDE | 1 | £3k |
| ICFEM DREAMLAND MISSION | 1 | £2k |
| HOPE WORKS | 1 | £2k |
| LINCOLNSHIRE METHODIST DISTRICT | 1 | £2k |
Charities like this
- THE MAGDALEN AND LASHER CHARITY
- MAGDALEN AND LASHER EDUCATIONAL FOUNDATION
- ST ANDREW'S HOUSE
- BAXENDALE CARE HOME
- HOMES OF REST FOR OLD PEOPLE ALSO KNOWN AS RADCLIFFE MANOR HOUSE
- LADY ELIZABETH HASTINGS' ESTATE CHARITY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION | £2.5m | — | 0 | above | — | no doubt |
| THE MAGDALEN AND LASHER CHARITY | £553k | — | 0 | unclear | — | no doubt |
| MAGDALEN AND LASHER EDUCATIONAL FOUNDATION | £305k | — | 0 | unclear | — | no doubt |
| ST ANDREW'S HOUSE | £1.5m | Under £60,000 | 0 | unclear | — | no doubt |
| BAXENDALE CARE HOME | £2.7m | more than £60,000 | 1 | within | — | no doubt |
| HOMES OF REST FOR OLD PEOPLE ALSO KNOWN AS RADCLIFFE MANOR HOUSE | £1.2m | — | 0 | unclear | — | no doubt |