BETHANY CARE TRUST
Care of physically and mentally frail elderly Christians in a residential setting
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus on the provision of care of £230,035 and total net incoming resources of £332,305 for the year ended 31 March 2023. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Total reserves stood at £6,337,760, of which £5,587,650 were designated for fixed assets, leaving general unrestricted reserves of £750,110.
What the accounts disclose
“The policy is moderate to low level of unrestricted reserves held to support day to day fluctuations.”
Structured financials (annual return, FY ending 31/12/2024)
Care Quality Commission ratings
- Bethany Care Service: Outstanding
Register events
- Received assets from another charity (29/11/2024)
Trustees
- Bobbi Ancy Jacob
- Dr Stephen Eu Ruen Lim
- ETHELBERT VICTOR MICHAEL
- Husam Yassine
- IAN PAUL MORTIMORE
- Jason Miller
- Mark Hill
- Matthew David Bishop
- Rebecca Jane Singleton
- Reginald Garfield Carnall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.5m | £1.3m |
| 31/03/2024 | £1.8m | £1.5m |
| 31/03/2023 | £1.6m | £1.3m |
| 31/03/2022 | £7.2m | £1.1m |
| 31/03/2021 | £0 | £0 |
Common questions
Is BETHANY CARE TRUST financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a surplus on the provision of care of £230,035 and total net incoming resources of £332,305 for the year ended 31 March 2023. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status. Total reserves stood at £6,337,760, of which £5,587,650 were designated for fixed assets, leaving general unrestricted reserves of £750,110. Its FY2023 accounts were audited by Morris Lane.