WADDINGTON HOSPITAL
Provision of homes for widows of dalesmen and farmers living in Waddington and the surrounding parishes
Financial health, per its FY2024 accounts
The accounts state that the charity achieved an operating gain of £131,824 for the year ended 31 December 2024, resulting in total funds of £5,274,939. Although free reserves of £526,272 are below the Trustees' stated target of £750,000, the Trustees consider the reserves position adequate to continue operations. The going concern basis is adopted with no material uncertainties identified.
What the accounts disclose
“The Trustees believe that free reserves (total reserves less fixed assets) should be some £750,000 and their policy is therefore to endeavour to build up reserves to that level when annual operating surpluses become available.” — page 5
“Total amounts charged to the Trust during the year relating to heat and electricity by Browsholme Hall Company amounted to £1,445 (2023: £1,301). Browsholme Hall Company is related by virtue of the fact that Robert Parker (one of the Trustees) is a partner.” — page 23
Trustees
- ROBERT REDMAYNE PARKERchair
- IAN KENNETH GEOFFREY MACALPINE
- KURSTY LOUISE SMITH
- MARY-ANN RENTON
- MICHAEL RUSHDEN FISHER
- ROLAND HINDLE PARKER
- Rev Christopher Wood
- Victoria Mary Robertson
- Wayne Andrew Ellison
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £252k | £197k |
| 31/12/2023 | £234k | £265k |
| 31/12/2022 | £209k | £251k |
| 31/12/2021 | £186k | £203k |
| 31/12/2020 | £184k | £167k |
Common questions
Is WADDINGTON HOSPITAL financially healthy?
Per its FY2024 accounts: The accounts state that the charity achieved an operating gain of £131,824 for the year ended 31 December 2024, resulting in total funds of £5,274,939. Although free reserves of £526,272 are below the Trustees' stated target of £750,000, the Trustees consider the reserves position adequate to continue operations. The going concern basis is adopted with no material uncertainties identified. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROTHSCHILD FOUNDATION | 1 | £51k |
| ASSOCIATION OF NHS CHARITIES | 1 | £35k |
| BUCKINGHAMSHIRE COMMUNITY FOUNDATION | 1 | £10k |
Charities like this
- RAF WADDINGTON OFFICERS MESS
- RAF WADDINGTON WARRANT OFFICERS AND SERGEANTS MESS
- WADDESDON HALL
- THE WARRINGTON HOMES LIMITED
- HOSPITAL OR ALMSHOUSES OF DOROTHY ELIZABETH PICKERING AND FRANCES BYRD
- Warrington and Halton Teaching Hospitals NHS Foundation Trust
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| WADDINGTON HOSPITAL | £252k | — | 0 | unclear | — | no doubt |
| RAF WADDINGTON OFFICERS MESS | £333k | — | 0 | below | — | no doubt |
| RAF WADDINGTON WARRANT OFFICERS AND SERGEANTS MESS | £302k | — | 0 | unclear | — | no doubt |
| WADDESDON HALL | £170k | — | 0 | below | — | no doubt |
| THE WARRINGTON HOMES LIMITED | £2.8m | — | — | above | — | no doubt |
| HOSPITAL OR ALMSHOUSES OF DOROTHY ELIZABETH PICKERING AND FRANCES BYRD | £129k | — | 0 | unclear | — | no doubt |