THE ABBEYFIELD CANVEY ISLAND SOCIETY LIMITED
Residential Home for Elderly People
Objects
TO RELIEVE LONELY AGED IMPOTENT AND POOR PEOPLE OF ALL CLASSES AND FOR OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a small surplus of £16,435 for the year ended 30 September 2025, driven by increased rental income and good cost control. The trustees maintain unrestricted reserves at a level equivalent to one year's expenditure, which they consider sufficient to ensure continuity in the event of significant funding drops. The charity holds cash balances of £127,828 and has adequate resources to cover significant planned expenditure in the coming year.
What the accounts disclose
“It is the policies of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to one year's expenditure.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Property (HM Land Registry)
Trustees
- Martin Stanley Hampsonchair
- Clive Pitts
- DOREEN BAMBRIDGE
- Gillian Fieldwick
- Luan Selby
- MARIANNE MORGAN
- Terence Victor Box
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £215k | £199k |
| 30/09/2024 | £204k | £190k |
| 30/09/2023 | £183k | £179k |
| 30/09/2022 | £132k | £163k |
| 30/09/2021 | £115k | £146k |
Common questions
Is THE ABBEYFIELD CANVEY ISLAND SOCIETY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a small surplus of £16,435 for the year ended 30 September 2025, driven by increased rental income and good cost control. The trustees maintain unrestricted reserves at a level equivalent to one year's expenditure, which they consider sufficient to ensure continuity in the event of significant funding drops. The charity holds cash balances of £127,828 and has adequate resources to cover significant planned expenditure in the coming year. Its FY2025 accounts were audited by Maynard Heady LLP.