BAXENDALE CARE HOME
Residential Home for the elderly
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves fell to £1,358,675 due to a net reduction in funds and investment losses, though total charity funds remain substantial at £12,014,712. The trustees consider the current level of reserves appropriate to withstand short-term deficits and meet future needs, despite occupancy levels falling during the year. The charity reported a net deficit for the year, largely driven by unrealised investment losses, but maintains a strong financial position supported by its permanent endowment.
What the accounts disclose
“On this basis it is still considered the current level of reserves is appropriate, and will continue to fall whilst the improvements and repairs are in progress, but this will continue to be kept under review when the annual budget is prepared.” — page 4
“During the period 1 April 2022 to 31 March 2023 £0 (Period 1 April 2021 to 31 March 2022 - £33,900) was paid to Mr B M Hosier, Chartered Accountant, for dealing with administration matters on behalf of the Trustees including secretarial, accounting and general advice. Mr Hosier is treasurer but not a Trustee and became an employee on 1 January 2022.” — page 18
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Baxendale Care Home: Good
Register events
- Received assets from another charity (25/02/2022)
Trustees
- Fiona Halsteadchair
- ANDREW VILLIERS BENSON HENDERSON
- BRIAN MICHAEL HOSIER
- Bruce Roderick Maunder Taylor
- CLAIRE BANNISTER
- Colin Roger Liversidge
- JOSE ELAINE CRONIN
- Marilyn Testar
- Peter Howard Smith
- Peter Robert Burd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.6m |
| 31/03/2024 | £2.1m | £2.3m |
| 31/03/2023 | £1.7m | £2.0m |
| 31/03/2022 | £1.8m | £2.0m |
| 31/03/2021 | £0 | £0 |
Common questions
Is BAXENDALE CARE HOME financially healthy?
Per its FY2023 accounts: The accounts state that unrestricted reserves fell to £1,358,675 due to a net reduction in funds and investment losses, though total charity funds remain substantial at £12,014,712. The trustees consider the current level of reserves appropriate to withstand short-term deficits and meet future needs, despite occupancy levels falling during the year. The charity reported a net deficit for the year, largely driven by unrealised investment losses, but maintains a strong financial position supported by its permanent endowment. Its FY2023 accounts were audited by NA Associates LLP.