HONEYWOOD HOUSE NURSING HOME
The objectives of the charity, which have been applied during the year, are set out in the Trust Deed. Such objectives require the trustees to apply the property, Honeywood House, as a nursing home for the members of the public requiring long or short term care.
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
“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
Leadership, per the charity’s website
- David White — General Manager & Trustee
- Ivy Blackwell — Registered Manager, Head Nurse & Trustee
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- David White
- Ivy Gale Blackwell
- PAUL ROGER JOHNSON
- Rosamund Heath
- Sarah Louise Webb
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. Its FY2025 accounts were audited by Anova.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MASONIC SAMARITAN FUND | 1 | £6.9m |
| THE MASON BIBBY 1981 TRUST | 1 | £2k |
Charities like this
- PETWORTH COTTAGE NURSING HOME
- New Forest Care Homes Ltd
- THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY
- ST CHRISTOPHER'S HOMES
- THE WHITELEY HOMES TRUST
- HOYLAKE COTTAGE
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HONEYWOOD HOUSE NURSING HOME | £2.0m | — | — | unclear | — | no doubt |
| PETWORTH COTTAGE NURSING HOME | £1.9m | — | — | unclear | — | no doubt |
| New Forest Care Homes Ltd | £1.8m | £60,001 - £70,000 | 1 | below | — | no doubt |
| THE ROYAL MASONIC BENEVOLENT INSTITUTION CARE COMPANY | £64.6m | — | — | unclear | — | no doubt |
| ST CHRISTOPHER'S HOMES | £3.3m | — | 0 | unclear | — | no doubt |
| THE WHITELEY HOMES TRUST | £6.9m | £120,000 - £129,999 | 4 | above | — | no doubt |