THORNGATE CHURCHER TRUST
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.
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.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 1 £80,001 - £90,000” — page 29
“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
“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
Corporate structure
- Registered company of the charity Companies House 09953572 · Financial health read from its filings
Company officers (Companies House)
- LORETI, Joao Henrique Brito Costa on trustee list
- COMBER, Judith Rebecca on trustee list
- PETTIGREW, Neil Robert on trustee list
- POPOOLA-SMITH, David on trustee list
- ZAKI, Oliver on trustee list
- CLARK, John Graham on trustee list
- PALMER, Julie Katharine on trustee list
- MATTHEWS, Christopher Keith on trustee list
- HOOK, Mark William Paul on trustee list
- TAYLOR, Anne Elizabeth
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Russell Churcher Court: Good
Trustees
- Mark William Paul Hookchair
- CHRISTOPHER KEITH MATTHEWS
- David Popoola-Smith
- Joao Henrique Brito Costa Loreti
- John Graham Clark
- Judith Rebecca Comber
- Julie K Palmer
- Neil Robert Pettigrew
- Oliver Zaki
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| THE BASSIL SHIPPAM AND ALSFORD TRUST | 1 | £72k |
| THE F GLENISTER WOODGER TRUST CIO | 1 | £71k |
| THE EDWARD CADBURY CHARITABLE TRUST | 1 | £10k |
Charities like this
- DONNINGTON HOUSE CARE HOME LIMITED
- THE JAMES LLOYD ALMSHOUSES
- THE ABBEYFIELD REIGATE SOCIETY LIMITED
- THORNER'S HOMES
- THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY
- THE JOHN THORNHILL MEMORIAL TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THORNGATE CHURCHER TRUST | £4.0m | £80,001 - £90,000 | 1 | above | — | no doubt |
| DONNINGTON HOUSE CARE HOME LIMITED | £2.0m | — | — | above | — | no doubt |
| THE JAMES LLOYD ALMSHOUSES | £233k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD REIGATE SOCIETY LIMITED | £207k | — | 0 | above | — | no doubt |
| THORNER'S HOMES | £989k | — | — | unclear | — | no doubt |
| THRALE ALMSHOUSE AND RELIEF IN NEED CHARITY | £274k | — | 0 | above | — | no doubt |