THE NEW COLLEGE OF COBHAM
Provision of sheltered housing for the elderly
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £79,613 for the year ended 31 March 2025, which reduced its accumulated unrestricted reserves to £1,151,120. The trustees consider the financial position secure and plan to run a surplus in coming years to restore reserves above £1,300,000. There are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Accommodation charges and guest flat rent 233,497” — page 16
“The Charity plans to run at a small surplus in the coming years to ensure the reserves are restored to a level exceeding £1,300,000. This will ensure that the Charity can continue to provide quality housing, by carrying out repairs when they are required, and its tenants continue to receive value for money.” — page 5
Trustees
- JOHN ANTHONY OGDEN DL
- John Farmer
- MICHELE JACKSON
- RUSSELL GRAHAM COOPER
- rosemary dymond
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £239k | £316k |
| 31/03/2024 | £235k | £401k |
| 31/03/2023 | £223k | £205k |
| 31/03/2022 | £216k | £184k |
| 31/03/2021 | £209k | £131k |
Common questions
Is THE NEW COLLEGE OF COBHAM financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £79,613 for the year ended 31 March 2025, which reduced its accumulated unrestricted reserves to £1,151,120. The trustees consider the financial position secure and plan to run a surplus in coming years to restore reserves above £1,300,000. There are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Beak Kemmenoe.