ST JOHN'S WINCHESTER
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £1,473k for the year ended 31 March 2025, driven largely by an £823k exceptional impairment of charitable fixed assets. Total net assets decreased by 1.1% to £49,288k, while unrestricted free reserves were held at approximately £18 million, equivalent to six months of budgeted running costs against a policy target of twelve months. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“At the year end, the free non-designated reserves were equivalent to approximately 6 months of budgeted ordinary running costs.” — page 12
“During the year £52k (2023/24: £60k) of payments were made to WCC for the payment of general rates and levies. All of these were conducted on an arm’s length basis based upon standard charges levied by way of a set calculation by WCC.” — page 30
“The charitable company has taken the exemption from the requirement to prepare consolidated financial statements as the exclusion of its subsidiaries, St John’s Community Housing Limited and St John’s Winchester Development Ltd is not material” — page 23
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Marianne Wanstallchair
- Ian Lionel Gamon
- Jennifer Jane Warner
- John Beresford
- John O'Brien Furlong
- Julia Smart
- Linda Bonnin
- Nicholas Pratt Thorne-Allenson
- Patrick Rudden
- Suzie Simmons
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.9m | £4.3m |
| 31/03/2024 | £2.5m | £2.9m |
| 31/03/2023 | £2.3m | £2.4m |
| 31/03/2022 | £2.6m | £3.2m |
| 31/03/2021 | £3.6m | £4.2m |
Common questions
Is ST JOHN'S WINCHESTER financially healthy?
The accounts state that the charity incurred a net deficit of £1,473k for the year ended 31 March 2025, driven largely by an £823k exceptional impairment of charitable fixed assets. Total net assets decreased by 1.1% to £49,288k, while unrestricted free reserves were held at approximately £18 million, equivalent to six months of budgeted running costs against a policy target of twelve months. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by S&W Audit.