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HONEYWOOD HOUSE NURSING HOME

Registered charity 221746 · accounts filings on the Charity Commission register · also known as HONEYWOOD HOUSE CONVALESCENT NURSING HOME

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Latest income
£2.0m
Latest spending
£2.2m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £225,707 for the year ended 31 January 2025, resulting in a significant depletion of unrestricted reserves from £250,078 to £24,371. The trustees attribute this loss to high maintenance upgrade costs and rising running expenses, noting that reserves are currently below their stated policy target of three to six months' expenditure. Despite the financial loss, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.

What the accounts disclose

Reserves policy: three and six month’s expenditure (held: £24k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Anova. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/01/2025)

Total income
£2.0m
Total spending
£2.2m
Cost of raising funds
£1.5m
Reserves (reported)
£24k
Employees
53

Reported reserves equal ~0.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Surrey · West Sussex

Income and spending

Financial year endIncomeSpending
31/01/2025£2.0m£2.2m
31/01/2024£1.9m£1.9m
31/01/2023£1.7m£1.6m
31/01/2022£1.6m£1.5m
31/01/2021£1.5m£1.5m

Common questions

Is HONEYWOOD HOUSE NURSING HOME financially healthy?

The accounts state that the charity reported a deficit of £225,707 for the year ended 31 January 2025, resulting in a significant depletion of unrestricted reserves from £250,078 to £24,371. The trustees attribute this loss to high maintenance upgrade costs and rising running expenses, noting that reserves are currently below their stated policy target of three to six months' expenditure. Despite the financial loss, the trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were audited by Anova.