HARBORNE AND SMETHWICK CHARITABLE TRUST
1. The provision of safe and secure sheltered accommodation for people aged 60 years and over in Smethwick and Harborne who wish to continue to live independently;2. The provision of financial support to persons in conditions of hardship or need in Smethwick and Harborne.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net deficit of £43,633 for the year, though underlying positions remain positive when exceptional spend is removed. Per the trustees' report, the charity holds £954,501 in cash and total liquid assets of £7,020,935, which exceeds its stated reserves policy target of six months' operating expenditure (£1,080,146) and twelve months' maintenance expenditure (£221,806).
What the accounts disclose
“Two members of staff have a remuneration package that exceeds £60,000 including one member of staff whose total remuneration and benefits exceed £70,000.” — page 10
“Two members of staff have a remuneration package that exceeds £60,000” — page 10
“It is the charity’s policy to hold 6 months’ operating expenditure (£1,080,146) and 12 months’ maintenance expenditure (£221,806) in reserve” — page 22
Year-over-year changes
- Top pay band moved from more than £80,000 (FY2024) to more than £60,000 (FY2025).
Leadership, per the charity’s website
- Steven Simpson — Chief Executive
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- David John Jeffreychair
- BUDDHI CHETIYAWARDANA
- Cllr. Ragih Muflihi
- FRANCIS GEORGE WAYT
- GEOFFREY HEWITT
- George Adrian Brooke Taylor
- NIGEL ROHAN THOMPSON
- Patricia Leadbeter
- RACHEL SILBER
- VICTOR PAUL SILVESTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £2.0m | £2.0m |
| 30/06/2024 | £1.9m | £2.2m |
| 30/06/2023 | £1.7m | £1.8m |
| 30/06/2022 | £1.6m | £1.5m |
| 30/06/2021 | £1.5m | £1.3m |
Common questions
Is HARBORNE AND SMETHWICK CHARITABLE TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net deficit of £43,633 for the year, though underlying positions remain positive when exceptional spend is removed. Per the trustees' report, the charity holds £954,501 in cash and total liquid assets of £7,020,935, which exceeds its stated reserves policy target of six months' operating expenditure (£1,080,146) and twelve months' maintenance expenditure (£221,806). Its FY2025 accounts were audited by Crowe LLP.
What does the highest-paid employee of HARBORNE AND SMETHWICK CHARITABLE TRUST earn?
Per its FY2025 accounts, the highest-paid employee was in the more than £60,000 band, and 2 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CARERS TRUST | 1 | £582k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £83k |
| YOUNG HARROW FOUNDATION | 1 | £82k |
| THE HEADLEY TRUST | 1 | £50k |
| MOONDANCE FOUNDATION | 1 | £38k |
| THE TRIANGLE TRUST 1949 FUND | 1 | £10k |
| SKIPTON BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £995 |
| Moto Foundation | 1 | £150 |
Charities like this
- THE HARBORNE PARISH LANDS CHARITY
- The Hwb Torfaen
- SMETHWICK ASRA LIMITED
- HARROW CARERS
- THOMAS BROMWICH TRUST
- THE GLOUCESTER CHARITIES TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HARBORNE AND SMETHWICK CHARITABLE TRUST | £2.0m | more than £60,000 | 2 | unclear | — | no doubt |
| THE HARBORNE PARISH LANDS CHARITY | £2.0m | more than £60,000 | 2 | above | — | no doubt |
| The Hwb Torfaen | £526k | — | 0 | unclear | — | no doubt |
| SMETHWICK ASRA LIMITED | £1.4m | — | 0 | unclear | — | no doubt |
| HARROW CARERS | £2.1m | — | 0 | unclear | — | no doubt |
| THOMAS BROMWICH TRUST | £224k | — | 0 | above | — | no doubt |