THE ABBEYFIELD HOYLAKE AND WEST KIRBY SOCIETY LTD
Latest income
£1.3m
Latest spending
£1.4m
Registered
1964
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a surplus of £44,027 for the year ended 31 March 2023, with total income of £1,154,939. The trustees consider the level of free reserves to be satisfactory, noting that the policy target of approximately four months of normal expenditure is met by the actual free reserves of £370,000.
What the accounts disclose
Reserves policy: approximately four months of normal expenditure requirements (held: £370k)
“The Executive Committee continues to review its reserves pohcy and has conduded that a level of free reserves of F370, 000 (2022 - 6370, 000) is appropriate. This amount equates to approximately four months of normal expenditure requirements.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Ailsa Wright — General Manager
- Natalie Ditzel — Care Manager
- Helen Nile — Activity Coordinator
Structured financials (annual return, FY ending 31/03/2025)
Total income
£1.3m
Total spending
£1.4m
Cost of raising funds
£11k
Reserves (reported)
£3.6m
Employees
36
Trustees
- Andrew James Downie
- Katharine Jane Pike
- Peter Fletcher
- Susan Alexandra Lyon Gollins
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.3m | £1.4m |
| 31/03/2024 | £1.3m | £1.2m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.1m | £1.1m |
| 31/03/2021 | £1.1m | £1.0m |
Common questions
Is THE ABBEYFIELD HOYLAKE AND WEST KIRBY SOCIETY LTD financially healthy?
The accounts state that the charity reported a surplus of £44,027 for the year ended 31 March 2023, with total income of £1,154,939. The trustees consider the level of free reserves to be satisfactory, noting that the policy target of approximately four months of normal expenditure is met by the actual free reserves of £370,000. Its FY2023 accounts were audited by Lonsdale & Marsh.