SUSAN DAY RESIDENTIAL HOME
To provide a residential home for the elderly in need living in Ilfracombe, Braunton, Barnstaple and the surrounding districts provided that preference is given to those residing in the former Urban District of Ilfracombe.
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net income of £94,951 for the year ended 31 March 2025, resulting in unrestricted reserves of £877,628. The trustees consider the reserve levels to be good governance, supported by a £250,000 contingency fund and a designated property reserve. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Residents fees 1,478,022” — page 23
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- ANNE THOMAS-STAFFORD
- EDWINA ALISON COOPER
- MARK GWYNFOR THOMAS
- Mike Gaston
- Paul Jaggers
- Sheila Dorothy Roles
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £1.7m | £1.5m |
| 31/03/2025 | £1.5m | £1.4m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £1.2m | £1.2m |
| 31/03/2022 | £1.2m | £1.2m |
Common questions
Is SUSAN DAY RESIDENTIAL HOME financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net income of £94,951 for the year ended 31 March 2025, resulting in unrestricted reserves of £877,628. The trustees consider the reserve levels to be good governance, supported by a £250,000 contingency fund and a designated property reserve. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Westcotts (SW) LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ESTATE CHARITY OF WILLIAM HATCLIFFE | 1 | £1.1m |
| JOAN AINSLIE CHARITABLE TRUST | 1 | £15k |
Charities like this
- SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION
- GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH
- THE ABBEYFIELD CHICHESTER SOCIETY LIMITED
- HILLBROOK GRANGE RESIDENTIAL CARE HOME
- LYNEMOUTH DAY CENTRE LTD
- THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SUSAN DAY RESIDENTIAL HOME | £1.7m | — | 0 | unclear | — | no doubt |
| SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION | £1.5m | — | 0 | above | — | no doubt |
| GREENWICH CHARITY OF WILLIAM HATCLIFFE AND THE MISSES SMITH | £460k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD CHICHESTER SOCIETY LIMITED | £373k | — | 0 | unclear | — | no doubt |
| HILLBROOK GRANGE RESIDENTIAL CARE HOME | £2.1m | — | 0 | unclear | — | no doubt |
| LYNEMOUTH DAY CENTRE LTD | £365k | — | 0 | below | — | noted |