THORNGATE CHURCHER TRUST

Registered charity 1169965 · accounts filings on the Charity Commission register · also known as THORNGATE CHURCHER LIMITED

Registered to be incorporated form of Thorngate Almshouse Trust in March 2017. Owns and manage 124 sheltered flats for older people in Gosport, Hampshire. Registered provider number 4839. Also owns and manage a 44 bedroomed registered care home for older people in Gosport Hampshire.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£4.0m
Latest spending
£3.4m
Registered
2016
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the Trust reported a surplus of £604,947 for the year ended 31 March 2025, driven by cost controls and high occupancy levels. While the Trust holds substantial unrestricted reserves of £8,411,257, it reported a net current liability position of £3,301,562, largely due to deferred income related to a new housing development scheme. The trustees and auditors confirm that the overall financial position is healthy and that there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Highest-paid employee band: £80,001 - £90,000 — above the median for charities its size (£70k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Mr Mark Hook, Chairman and Trustee, is a director of GS Building Services. A transaction occurred on commercial terms during the year and was fully documented.
“Mr Mark Hook, Chairman and Trustee, is a director of GS Building Services. A transaction occurred on commercial terms during the year and was fully documented. Mr Hook is also a director of Court Barn Catering (Commercial) Ltd. No transactions between this company and the Trust have occurred during the year.” — page 37
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £1560.0m
“This actuarial valuation was issued to employers in August 2021 and showed assets of £5,148m, liabilities of £6,708m and a deficit of £1,560m.” — page 34
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by MC Audit Limited. Discloses 5 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

9 registered titles in England and Wales held by the charity’s company or corporate body (9 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Thorngate Churcher Trust — Registered, 1 registered location, 1 regulated activity, last inspected 18/12/2020.charity number confirmed by CQC CQC record

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

Total income
£4.0m
Total spending
£3.4m
Reserves (reported)
£8.4m
Employees
83

Reported reserves equal ~29.9 months of spending — in the top quarter 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).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees · trustee networks

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

Operates in: Hampshire

Income and spending

Financial year endIncomeSpending
31/03/2025£4.0m£3.4m
31/03/2024£3.6m£3.2m
31/03/2023£3.2m£3.0m
31/03/2022£3.1m£2.7m
31/03/2021£2.8m£2.7m

Common questions

Is THORNGATE CHURCHER TRUST financially healthy?

Per its FY2025 accounts: The accounts state that the Trust reported a surplus of £604,947 for the year ended 31 March 2025, driven by cost controls and high occupancy levels. While the Trust holds substantial unrestricted reserves of £8,411,257, it reported a net current liability position of £3,301,562, largely due to deferred income related to a new housing development scheme. The trustees and auditors confirm that the overall financial position is healthy and that there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by MC Audit Limited.

What does the highest-paid employee of THORNGATE CHURCHER TRUST earn?

Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band, and 1 employees earned over £60,000.

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 DONNINGTON HOUSE CARE HOME LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
THORNGATE CHURCHER TRUST£4.0m£80,001 - £90,0001above—no doubt
DONNINGTON HOUSE CARE HOME LIMITED FY2025£2.0m——above—no doubt
THE JAMES LLOYD ALMSHOUSES FY2025£233k—0above—no doubt
THE ABBEYFIELD REIGATE SOCIETY LIMITED FY2025£207k—0above—no doubt
THORNER'S HOMES FY2024£989k——unclear—no doubt
THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY FY2025£274k—0above—no doubt

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