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ABBEYFIELD SILVERDALE SOCIETY

Registered charity 1174376 · accounts filings on the Charity Commission register · also known as THE ABBEYFIELD SILVERDALE AND DISTRICT SOCIETY LTD

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Latest income
£2.0m
Latest spending
£1.3m
Registered
2017
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a surplus of £65,999 for the year ended 31 March 2024, with total unrestricted funds increasing to £2,170,508. The trustees confirmed that cash reserves significantly outweigh liabilities and that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Highest-paid employee band: £60,001 - £70,000 — below the median for charities its size (£70k)
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2024 No. In the band £60,001 - £70,000 1” — page 31
Per its FY2024 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: 2024 No. In the band £60,001 - £70,000 1” — page 31
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: three to five years (held: £2.2m)
“The Society's development plans will require use of its liquid reserves within three to five years, which is the basis of the Society's current policy on reserves.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Dr June Greenwell and her husband are residents of Cove Orchard and pay the standard service fee to the Society.
“Dr June Greenwell and her husband are residents of Cove Orchard and pay the standard service fee to the Society.” — page 38
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Armstrong Watson Audit Limited. Discloses 6 of 6 completeness components.

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

Total income
£2.0m
Total spending
£1.3m
Reserves (reported)
£2.9m
Employees
29

Reported reserves equal ~26.0 months of spending — in the top quarter for charities its size (median 4.8 months; 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).

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Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/03/2025£2.0m£1.3m
31/03/2024£1.2m£1.2m
31/03/2023£1.1m£1.1m
31/03/2022£962k£956k
31/03/2021£979k£945k

Common questions

Is ABBEYFIELD SILVERDALE SOCIETY financially healthy?

The accounts state that the charity reported a surplus of £65,999 for the year ended 31 March 2024, with total unrestricted funds increasing to £2,170,508. The trustees confirmed that cash reserves significantly outweigh liabilities and that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were audited by Armstrong Watson Audit Limited.

What does the highest-paid employee of ABBEYFIELD SILVERDALE SOCIETY earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.