ABBEYFIELD NORTHALLERTON CIO
To relieve persons of pensionable age wh are in need by reason of their age:A)By the provision of communal living facilities in supported houses andB) By provision of amenities and services to such persons and their families.
Financial health, per its FY2025 accounts
The accounts state that the charity achieved a surplus of £39,075 for the year ended 31 March 2025, with unrestricted funds increasing to £601,096. The trustees report that liquid reserves of £205,701 exceed their stated policy requirement of between £126,188 and £189,282, indicating adequate liquidity. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or trading subsidiaries.
What the accounts disclose
Property (HM Land Registry)
Trustees
- Catherine Walters
- IAN CHARLES SMITHSON
- IAN DAVID PARMINTER
- James Turnbull
- Janet Roslind Crampton
- MRS PETRONELLE FOWLER WATTS MBE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £283k | £252k |
| 31/03/2024 | £229k | £247k |
| 31/03/2023 | £235k | £212k |
| 31/03/2022 | £224k | £194k |
| 31/03/2021 | £230k | £195k |
Common questions
Is ABBEYFIELD NORTHALLERTON CIO financially healthy?
Per its FY2025 accounts: The accounts state that the charity achieved a surplus of £39,075 for the year ended 31 March 2025, with unrestricted funds increasing to £601,096. The trustees report that liquid reserves of £205,701 exceed their stated policy requirement of between £126,188 and £189,282, indicating adequate liquidity. The charity operates a defined contribution pension scheme and has no disclosed pension deficits or trading subsidiaries. Its FY2025 accounts were independently examined.