BETHANY HOMES, CAMBORNE
Homes for the residence of persons over the age of sixty who in the absolute discretion of the trustees shall by reasons of their straitened but secure financial circumstances be considered suitable persons as residents.
Financial health, per its FY2025 accounts
The accounts state that the charity has moved from a receipts and payments basis to accruals accounting due to holding substantial property with a mortgage. The filing discloses a revaluation reserve of £675,000 and unrestricted funds of £50,354 following opening balance adjustments. No specific reserves policy target or fundraising cost ratio is explicitly stated in the provided text.
What the accounts disclose
“The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.” — page 10
Trustees
- James Ballchair
- Dr Susanna Thomas
- George Buhagiar
- Lavinia Buhagiar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 07/04/2025 | £33k | £25k |
| 31/12/2023 | £35k | £29k |
| 31/12/2022 | £36k | £26k |
| 31/12/2021 | £36k | £64k |
| 31/12/2020 | £38k | £33k |
Common questions
Is BETHANY HOMES, CAMBORNE financially healthy?
Per its FY2025 accounts: The accounts state that the charity has moved from a receipts and payments basis to accruals accounting due to holding substantial property with a mortgage. The filing discloses a revaluation reserve of £675,000 and unrestricted funds of £50,354 following opening balance adjustments. No specific reserves policy target or fundraising cost ratio is explicitly stated in the provided text. Its FY2025 accounts were independently examined.