THE HOSPITAL OF GILBERT, EARL OF SHREWSBURY AT SHEFFIELD
Financial health, per its FY2024 accounts
The accounts state that the charity is financially secure with total funds of £15,052,848, although it reported a net deficit of £1,200,815 for the year due to investment losses. Per the trustees' report, unrestricted free reserves of £1,021,273 exceed the stated policy target of £1,000,000, and forecasts indicate sufficient resources to continue operations for the foreseeable future.
What the accounts disclose
“The target level of reserves is quantified as £1,000,000.” — page 6
“The freehold of Beech Hill Carehome is owned by Norfolk 1958 Settlement of which the Duke of Norfolk and Earl of Arundel are trustees and the beneficiary is Earl of Arundel. The property is leased to the trustees of the Hospital of Gilbert, Earl of Shrewsbury under a 125 year lease at an annual rent of £100.” — page 34
“Mr J N Robinson, agent and receiver for the charity, is the son of a trustee. During the year professional fees totalling £91,292 (2023: £109,894) were paid to Fowler Sandford, a firm of which the agent and receiver is a partner.” — page 34
“The freehold of Beech Hill Carehome is owned by Norfolk 1958 Settlement of which the Duke of Norfolk and Earl of Arundel are trustees and the beneficiary is Earl of Arundel. The property is leased to the trustees of the Hospital of Gilbert, Earl of Shrewsbury under a 125 year lease at an annual rent of £100.” — page 34
“Mr J N Robinson, agent and receiver for the charity, is the son of a trustee. During the year professional fees totalling £91,292 (2023: £109,894) were paid to Fowler Sandford, a firm of which the agent and receiver is a partner.” — page 34
“The freehold of Beech Hill Carehome is owned by Norfolk 1958 Settlement of which the Duke of Norfolk and Earl of Arundel are trustees and the beneficiary is Earl of Arundel. The property is leased to the trustees of the Hospital of Gilbert, Earl of Shrewsbury under a 125 year lease at an annual rent of £100.” — page 34
“Mr J N Robinson, agent and receiver for the charity, is the son of a trustee. During the year professional fees totalling £91,292 (2023: £109,894) were paid to Fowler Sandford, a firm of which the agent and receiver is a partner.” — page 34
“The freehold of Beech Hill Carehome is owned by Norfolk 1958 Settlement of which the Duke of Norfolk and Earl of Arundel are trustees and the beneficiary is Earl of Arundel. The property is leased to the trustees of the Hospital of Gilbert, Earl of Shrewsbury under a 125 year lease at an annual rent of £100.” — page 34
“Mr J N Robinson, agent and receiver for the charity, is the son of a trustee. During the year professional fees totalling £91,292 (2023: £109,894) were paid to Fowler Sandford, a firm of which the agent and receiver is a partner.” — page 34
“The freehold of Beech Hill Carehome is owned by Norfolk 1958 Settlement of which the Duke of Norfolk and Earl of Arundel are trustees and the beneficiary is Earl of Arundel. The property is leased to the trustees of the Hospital of Gilbert, Earl of Shrewsbury under a 125 year lease at an annual rent of £100.” — page 34
“Mr J N Robinson, agent and receiver for the charity, is the son of a trustee. During the year professional fees totalling £91,292 (2023: £109,894) were paid to Fowler Sandford, a firm of which the agent and receiver is a partner.” — page 34
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- THE DUKE OF NORFOLKchair
- Caroline Hanson
- Henry Miles Arundel
- Katrina Blandy Mayson
- NICHOLAS JAMES ANTHONY HUTTON MBE
- Nicholas Robert Bown Robsinson
- OLIVER GEORGE STEPHENSON MA HONS
- PHILIP CHARLES WENTWORTH HOWARD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £557k | £762k |
| 31/12/2023 | £537k | £878k |
| 31/12/2022 | £539k | £803k |
| 31/12/2021 | £533k | £797k |
| 31/12/2020 | £554k | £714k |
Common questions
Is THE HOSPITAL OF GILBERT, EARL OF SHREWSBURY AT SHEFFIELD financially healthy?
The accounts state that the charity is financially secure with total funds of £15,052,848, although it reported a net deficit of £1,200,815 for the year due to investment losses. Per the trustees' report, unrestricted free reserves of £1,021,273 exceed the stated policy target of £1,000,000, and forecasts indicate sufficient resources to continue operations for the foreseeable future. Its FY2024 accounts were audited by BHP LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHURCH BURGESSES TRUST | 1 | £10k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 1 | £3k |
| MARJORIE COOTE OLD PEOPLES CHARITY FUND | 1 | £1k |