THE RUGBY FREE CHURCH HOMES FOR THE AGED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net outgoing of £180,543 for the year, resulting in a decrease in total funds from £2,464,250 to £2,283,707. The trustees identify underfunding by Warwickshire County Council and rising energy and food costs as major financial risks, noting that the gap between council rates and actual costs is anticipated to widen. Despite these pressures, the trustees maintain that the charity can continue as a going concern with adequate resources.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Bilton House: Good
Trustees
- Rev ROBERT JOHN MALONEYchair
- Barbara Griffith
- David Knight
- HILARY COX
- Judith Lewis
- Marieluise Horne
- Rosemary Pugh
- STANLEY RAYMOND BIRD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.9m | £1.8m |
| 31/03/2024 | £1.7m | £1.9m |
| 31/03/2023 | £1.6m | £1.7m |
| 31/03/2022 | £1.4m | £1.5m |
| 31/03/2021 | £1.4m | £1.5m |
Common questions
Is THE RUGBY FREE CHURCH HOMES FOR THE AGED financially healthy?
The accounts state that the charity reported a net outgoing of £180,543 for the year, resulting in a decrease in total funds from £2,464,250 to £2,283,707. The trustees identify underfunding by Warwickshire County Council and rising energy and food costs as major financial risks, noting that the gap between council rates and actual costs is anticipated to widen. Despite these pressures, the trustees maintain that the charity can continue as a going concern with adequate resources. Its FY2023 accounts were audited by Atkinson Finch & Co.