EASTBRIDGE HOSPITAL (OR ST THOMAS)
Almshouse foundation with premises open to the public and having also an educational mandate. Includes Franciscan gardens (greyfriars), the site of the first Franciscan Monastery in England. Eastbridge Hospital is an Anglican foundation with chapels in regular use.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £267,558 for the year ended 31 December 2024, driven by significant charitable expenditure and a lack of impairment charges compared to the prior year. Per the trustees' report, the charity is no longer considered a going concern as its assets and liabilities are scheduled to transfer to a new CIO entity on 31 December 2025, after which the current legal entity will likely cease to exist.
What the accounts disclose
“The number of employees whose emoluments as defined for taxation purposes, amounted to over £60,000 in the year were as follows: No. 1 £60,000 to £69,999” — page 24
“The number of employees whose emoluments as defined for taxation purposes, amounted to over £60,000 in the year were as follows: No. 1” — page 24
“After that day and before October 2026 it is likely that the legal entity known as Eastbridge Hospital (Charity number 213319 will cease to exist and for this reason the Trustees consider the charity is no longer a going concern.” — page 7
Year-over-year changes
- Employees paid over £60,000: 0 (FY2023) → 1 (FY2024).
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Nigel Aman Fletcher-Joneschair
- Adesola Osinaike
- CHRISTOPHER ROBINSON
- Dr Sheila Mary Sweetinburgh
- Stephen Athanasiou
- THE VENERABLE WILLIAM JONATHAN ADAM
- The Rev'd Dr Perry Butler
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £245k | £902k |
| 31/12/2023 | £786k | £5.2m |
| 31/12/2022 | £337k | £786k |
| 31/12/2021 | £426k | £480k |
| 31/12/2020 | £388k | £442k |
Common questions
Is EASTBRIDGE HOSPITAL (OR ST THOMAS) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £267,558 for the year ended 31 December 2024, driven by significant charitable expenditure and a lack of impairment charges compared to the prior year. Per the trustees' report, the charity is no longer considered a going concern as its assets and liabilities are scheduled to transfer to a new CIO entity on 31 December 2025, after which the current legal entity will likely cease to exist. Its FY2024 accounts were audited by Azets Audit Services.
What does the highest-paid employee of EASTBRIDGE HOSPITAL (OR ST THOMAS) earn?
Per its FY2024 accounts, the highest-paid employee was in the £60,000 - £69,999 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LAWTON TRUST LIMITED | 1 | £120k |
| THE REED FOUNDATION | 1 | £56k |
| THE INLIGHT TRUST | 1 | £12k |
| THE SHERLING CHARITABLE TRUST | 1 | £10k |
| WILFRID AND CONSTANCE CAVE FOUNDATION | 1 | £10k |
| THE PATRICK & HELENA FROST FOUNDATION | 1 | £10k |
| THE HOBSON CHARITY LIMITED | 1 | £7k |
| THE CARRINGTON CHARITABLE TRUST | 1 | £7k |
Charities like this
- THE FRIARS, AYLESFORD
- THE ALMSHOUSE OF ST JOHN THE BAPTIST AND ST JOHN THE EVANGELIST
- HOSPICE OF ST FRANCIS (BERKHAMSTED) LTD
- THE MONASTERY OF ST FRANCIS GORTON TRUST LTD
- HUGH SEXEY'S HOSPITAL
- HOSPITAL OF ST CROSS AND ALMSHOUSE OF NOBLE POVERTY
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EASTBRIDGE HOSPITAL (OR ST THOMAS) | £245k | £60,000 - £69,999 | 1 | unclear | — | not going concern |
| THE FRIARS, AYLESFORD | £1.7m | — | 0 | unclear | — | no doubt |
| THE ALMSHOUSE OF ST JOHN THE BAPTIST AND ST JOHN THE EVANGELIST | £136k | — | 0 | unclear | — | no doubt |
| HOSPICE OF ST FRANCIS (BERKHAMSTED) LTD | £8.7m | £120,001 - £130,000 | — | below | — | no doubt |
| THE MONASTERY OF ST FRANCIS GORTON TRUST LTD | £1.5m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| HUGH SEXEY'S HOSPITAL | £704k | — | 0 | unclear | — | no doubt |