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ABBEYFIELD TAMAR EXTRA CARE SOCIETY

Registered charity 1185635 · accounts filings on the Charity Commission register · also known as ABBEYFIELD TAMAR HOUSE

Abbeyfield Tamar Extra Care Society provides residential care for the elderly and infirm persons.

Causes: General Charitable Purposes · Disability · website · Get email alerts

Latest income
£1.2m
Latest spending
£1.4m
Registered
2019
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity achieved a net income of £11,803 for the year ended 31 March 2023, resulting in total unrestricted reserves of £2,002,178. The Trustees consider these reserves to be sufficient, noting they significantly exceed the stated policy target of approximately six months of resources expended (£525,114). The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six months of resources expended (held: £2.0m)
“The Trustees policy is to maintain a level of reserves that are not invested in tangible fixed assets of approximately six months of resources expended. Therefore this would equate to £525,114 for 2023” — page 4
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Bromhead. Discloses 5 of 6 completeness components.

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

Total income
£1.2m
Total spending
£1.4m
Cost of raising funds
£78
Reserves (reported)
£1.7m
Employees
42

Reported reserves equal ~14.8 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).

Trustees

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

Operates in: Cornwall · Devon

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.4m
31/03/2024£1.2m£1.3m
31/03/2023£1.1m£1.1m
31/03/2022£991k£917k
31/03/2021£911k£883k

Common questions

Is ABBEYFIELD TAMAR EXTRA CARE SOCIETY financially healthy?

Per its FY2023 accounts: The accounts state that the charity achieved a net income of £11,803 for the year ended 31 March 2023, resulting in total unrestricted reserves of £2,002,178. The Trustees consider these reserves to be sufficient, noting they significantly exceed the stated policy target of approximately six months of resources expended (£525,114). The auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Bromhead.