'TYNWALD' RESIDENTIAL HOME FOR THE ELDERLY, HYTHE
Latest income
£1.3m
Latest spending
£1.2m
Registered
1962
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased to £868,557, up from £812,346 in the prior year, resulting in a net surplus of £56,211. The charity reported total income of £1,099,734 against total expenditure of £1,043,522, indicating a positive operational balance for the period.
What the accounts disclose
Governance: Late filing admitted
“We have been delayed in producing the accounts and Charity Commission submission for 2022-2023, which impacts the accounts for 2023-2024.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.3m
Total spending
£1.2m
Reserves (reported)
£96k
Employees
43
Trustees
- STEVEN WAYchair
- CHRISTOPHER DUCAT
- JOHN WREN
- Shirley Moberly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.2m |
| 31/03/2024 | £1.1m | £1.0m |
| 31/03/2023 | £965k | £1.1m |
| 31/03/2022 | £862k | £882k |
| 31/03/2021 | £800k | £935k |
Common questions
Is 'TYNWALD' RESIDENTIAL HOME FOR THE ELDERLY, HYTHE financially healthy?
The accounts state that unrestricted reserves increased to £868,557, up from £812,346 in the prior year, resulting in a net surplus of £56,211. The charity reported total income of £1,099,734 against total expenditure of £1,043,522, indicating a positive operational balance for the period. Its FY2024 accounts were independently examined.