MICHAEL YOAKLEY'S CHARITY

Registered charity 205769 · accounts filings on the Charity Commission register

Sheltered Housing and Residential Care for the Elderly

Causes: Accommodation/housing · website · Get email alerts

Latest income
£2.0m
Latest spending
£2.0m
Registered
1962
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net movement in funds of £211,307, driven by a surplus on activities and significant gains on revaluations. However, the charity reports that local government funding for care placements creates a weekly deficit that must be covered by other income sources. The trustees maintain that the charity has adequate resources to continue as a going concern.

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

What the accounts disclose

Reserves policy: £1,000,000 (held: £645k)
“The Trustees have determined that the appropriate level of free reserves necessary for the efficient management of the charity should be £1,000,000 (2024: £800,000) i.e. approximately six months budgeted expenditure.” — page 12
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Maintenance works with M Wickenden, spouse of key management personnel J Wickenden.
“The charity carried out maintenance works with M Wickenden, who is the spouse of J Wickenden a member of key management personnel. Costs for the year totalled £960 (2024: £5,040) and £nil (2024: £nil) was outstanding at the year end.” — page 27
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Azets Audit Services. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Michael Yoakley's Charity (matched by registered charity number).

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.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

CQC provider record: Michael Yoakley's Charity — Registered, 2 registered locations, 1 regulated activity, last inspected 01/05/2018.charity number confirmed by CQC CQC record

Public profiles (found on the charity’s own website): facebook · instagram

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

Total income
£2.0m
Total spending
£2.0m
Cost of raising funds
£22k
Reserves (reported)
£649k
Employees
58

Reported reserves equal ~4.0 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (91% 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: 1.1% of total income — below the median for charities its size (5.2%) (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 networks

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

Operates in: Kent

Income and spending

Financial year endIncomeSpending
31/12/2025£2.0m£2.0m
31/12/2024£1.9m£1.8m
31/12/2023£1.6m£1.7m
31/12/2022£1.6m£1.6m
31/12/2021£1.6m£1.4m

Common questions

Is MICHAEL YOAKLEY'S CHARITY financially healthy?

Per its FY2025 accounts: The accounts state that the charity generated a net movement in funds of £211,307, driven by a surplus on activities and significant gains on revaluations. However, the charity reports that local government funding for care placements creates a weekly deficit that must be covered by other income sources. The trustees maintain that the charity has adequate resources to continue as a going concern. Its FY2025 accounts were audited by Azets Audit Services.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
FOREST HILL CHARITABLE TRUST1£5k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MICHAEL YOAKLEY'S CHARITY£2.0m—0unclear—no doubt
SUTTON AND CHEAM ELDERLY PEOPLE'S HOUSING ASSOCIATION FY2025£1.5m—0above—no doubt
THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY FY2025£355k—0unclear—no doubt
Beaconwild Ltd FY2025£2.2m——unclear—no doubt
KEYCHANGE CHARITY FY2025£10.6munclear—unclear—no doubt
SHERBURN HOUSE CHARITY FY2026£4.3m——unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.