COMBE HAY

Registered charity 1207404 · accounts filings on the Charity Commission register · also known as THE GEORGE EDWARD SMART HOMES

Provision of the residential accommodation and personal social care needs of principally older people.

Causes: Disability · website · Get email alerts

Latest income
£2.9m
Latest spending
£3.1m
Registered
2024
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity incurred a net expenditure of £374,219 for the year, driven by rising staffing and operating costs that have placed considerable pressure on its financial position. Per the trustees' report, the charity is operating at full capacity with 58 residents, but it relies on capital reserves to support day-to-day operations, a practice the trustees acknowledge is not sustainable in the long term. Despite this deficit, the charity holds free reserves of £4,306,670, which the trustees consider well within their adopted policy target of one year's charitable expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Residents' fees (96% of income)
“Residents’ fees 2,802,105” — page 28
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Ashby Berry Coulsons Limited. Discloses 3 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/12/2025)

Total income
£2.9m
Total spending
£3.1m
Reserves (reported)
£4.2m
Employees
82

Reported reserves equal ~16.4 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (96% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: North Yorkshire

Income and spending

Financial year endIncomeSpending
31/12/2025£2.9m£3.1m
31/12/2024£0£0

Common questions

Is COMBE HAY financially healthy?

Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £374,219 for the year, driven by rising staffing and operating costs that have placed considerable pressure on its financial position. Per the trustees' report, the charity is operating at full capacity with 58 residents, but it relies on capital reserves to support day-to-day operations, a practice the trustees acknowledge is not sustainable in the long term. Despite this deficit, the charity holds free reserves of £4,306,670, which the trustees consider well within their adopted policy target of one year's charitable expenditure. Its FY2025 accounts were audited by Ashby Berry Coulsons Limited.