HOMES OF REST FOR OLD PEOPLE ALSO KNOWN AS RADCLIFFE MANOR HOUSE
Financial health, per its FY2025 accounts
The accounts state that the charity ended the financial year with a trading loss of £14,847, which further depleted cash reserves. The trustees report that reserves now represent less than three months of operational costs, a level they describe as below their objective to build to a sustainable level. Despite the loss, the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Our reserves now represent less than three months operational costs and a prime objective of the trustees in the short- to medium-term will be to build these to a sustainable level.” — page 6
“in a subsequent inspection during 2024-25 CQC were critical of our staffing levels and certain safety aspects of our grade II listed building and as a consequence we were assessed as 'inadequate'.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Radcliffe Manor House: Requires improvement
Trustees
- Dr David Morgan
- Gillian Elizabeth Isabelle Dunn
- Irene Elizabeth Dovey
- Susan Elizabeth Clegg
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.2m |
| 31/03/2024 | £1.0m | £1.1m |
| 31/03/2023 | £861k | £994k |
| 31/03/2022 | £945k | £882k |
| 31/03/2021 | £913k | £904k |
Common questions
Is HOMES OF REST FOR OLD PEOPLE ALSO KNOWN AS RADCLIFFE MANOR HOUSE financially healthy?
The accounts state that the charity ended the financial year with a trading loss of £14,847, which further depleted cash reserves. The trustees report that reserves now represent less than three months of operational costs, a level they describe as below their objective to build to a sustainable level. Despite the loss, the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Botham Accounting Limited.