THE BICKHAM HOME
Financial health, per its FY2024 accounts
The accounts state that the charity achieved a surplus of £116,613 for the year ended 31 March 2024, following previous losses. Per the trustees' report, the charity aims to maintain free reserves exceeding three months of charitable expenditure, a target of approximately £297,500, and held unrestricted reserves of £996,248 at year-end. The trustees confirmed that sufficient resources are available to meet liabilities as they fall due, with no material uncertainties identified regarding going concern.
What the accounts disclose
“The trustees aim to maintain free reserves in unrestricted and legacy funds at a level which at least exceeds three months of charitable expenditure. Based on the budgeted expenditure for 2024-2025, this requires free reserves to be held of approximately £297.5k.” — page 5
Leadership, per the charity’s website
- Elizabeth Jimenez — Manager
- Marie Danao — Assistant Manager
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DR CHRIS DAVIESchair
- ELIZABETH ANN HADDOCK
- IAN COLEMAN MACKLIN
- Jan ravenscroft
- Linda Robinson
- PHILIP JAMES LONG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.2m |
| 31/03/2024 | £1.2m | £1.2m |
| 31/03/2023 | £947k | £971k |
| 31/03/2022 | £977k | £1.0m |
| 31/03/2021 | £992k | £981k |
Common questions
Is THE BICKHAM HOME financially healthy?
The accounts state that the charity achieved a surplus of £116,613 for the year ended 31 March 2024, following previous losses. Per the trustees' report, the charity aims to maintain free reserves exceeding three months of charitable expenditure, a target of approximately £297,500, and held unrestricted reserves of £996,248 at year-end. The trustees confirmed that sufficient resources are available to meet liabilities as they fall due, with no material uncertainties identified regarding going concern. Its FY2024 accounts were audited by Allen Mills Howard Limited.