Charity Accounts Intelreading the accounts so you don’t have to

FRIENDLY SOCIETIES' CONVALESCENT SCHEME

Registered charity 226621 · accounts filings on the Charity Commission register · also known as FRIENDLY SOCIETIES' CONVALESCENT HOME, FRIENDLY SOCIETIES' CONVALESCENT HOMES CHARITY, DOVER, HERNE BAY AND ELSEWHERE

Relief of sickness and the preservation of health of the public by providing grants to help in the provision of facilities and support services.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Get email alerts

Latest income
£51k
Latest spending
£51k
Registered
1963
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net surplus of £115,239 for the year ended 31 December 2024, driven by significant net gains on investments. Total unrestricted reserves stood at £211,392, which the trustees note are growing as they seek options to increase grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: two years of income (held: £211k)
“Their aim is that 50% of their annual income should go towards grants, and that they should hold the income for 2 years in reserve to give continuity should their investments underperform.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£51k£51k
31/12/2023£49k£53k
31/12/2022£49k£55k
31/12/2021£40k£64k
31/12/2020£42k£55k

Common questions

Is FRIENDLY SOCIETIES' CONVALESCENT SCHEME financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net surplus of £115,239 for the year ended 31 December 2024, driven by significant net gains on investments. Total unrestricted reserves stood at £211,392, which the trustees note are growing as they seek options to increase grants. The trustees confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were independently examined.