JAMES HIRONS
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net outgoing of resources before transfers of £687,466 for the year ended 31 March 2023, driven by a loss on investment revaluation and higher charitable expenditure. Per the trustees' report, unrestricted reserves stood at £1,662,645, which the trustees consider adequate against their policy of maintaining reserves in excess of six months' expenditure. The charity remains low geared with total balance sheet assets of £5,724,353, supplemented by a substantial investment portfolio.
What the accounts disclose
“The Trustees have reviewed the reserves of the Charity and intend to maintain reserves In excess of six months expenditure.” — page 9
“The group financial statements are the result of consolidation of the financial statements of the company and its subsidiary charity The James Hirons Care Home.” — page 24
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- James Hirons Care Home: Good
Trustees
- Barbara Bealchair
- Andrew Dudley Givens
- Anne Stevens
- Dr Isabella Moore
- Gerry Dryden
- John MACE
- Nicola Jane Sawdon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.4m |
| 31/03/2024 | £1.0m | £1.4m |
| 31/03/2023 | £936k | £1.2m |
| 31/03/2022 | £814k | £1.1m |
| 31/03/2021 | £807k | £990k |
Common questions
Is JAMES HIRONS financially healthy?
The accounts state that the charity reported a net outgoing of resources before transfers of £687,466 for the year ended 31 March 2023, driven by a loss on investment revaluation and higher charitable expenditure. Per the trustees' report, unrestricted reserves stood at £1,662,645, which the trustees consider adequate against their policy of maintaining reserves in excess of six months' expenditure. The charity remains low geared with total balance sheet assets of £5,724,353, supplemented by a substantial investment portfolio. Its FY2023 accounts were audited by Burgis & Bullock.