THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net outgoing resource of £432,658 for the year ended 31 March 2023, driven by a deficit in care home activities due to reduced government grants and increased staffing and inflation costs. Per the trustees' report, the current level of free reserves is considered less than ideal, though the trustees maintain confidence that costs can be controlled and profitability maintained.
What the accounts disclose
“The current level of reserves is less than ideal.” — page 6
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Oulton Abbey Residential & Nursing Home: Good
Trustees
- Right Rev David Roger Charlesworth OSBchair
- Dame Mary Peter Smith
- Elias Baroudi
- Philip Arkwright
- Rev Simon Stevens
- The Rev Dom Thomas Regan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.3m | £3.4m |
| 31/03/2024 | £2.9m | £3.4m |
| 31/03/2023 | £2.6m | £3.0m |
| 31/03/2022 | £2.5m | £2.5m |
| 31/03/2021 | £2.8m | £2.5m |
Common questions
Is THE ENGLISH BENEDICTINE ORDER OF OULTON ABBEY NEAR STONE, STAFFS financially healthy?
The accounts state that the charity reported a net outgoing resource of £432,658 for the year ended 31 March 2023, driven by a deficit in care home activities due to reduced government grants and increased staffing and inflation costs. Per the trustees' report, the current level of free reserves is considered less than ideal, though the trustees maintain confidence that costs can be controlled and profitability maintained. Its FY2023 accounts were audited by BK Plus Audit Limited.