BOARBANK HALL CONVALESCENT HOME, GRANGE-OVER-SANDS
The principal activity is the running of a convalescent home and nursing home. There is also provision of pastoral and spiritual support.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £5,196,886, which the trustees acknowledge is above their stated policy target of six months to one year of running costs. Although the charity reported a net expenditure deficit of £12,071 for the year, it remains solvent with total net assets of £5,498,379 and no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The policy has been that the level of unrestricted reserves (excluding reserves relating to fixed assets used to deliver the charitable objectives) should be sufficient to meet designated commitments and to meet the running costs of the Charity for a period not less than six months but no more than one year.” — page 8
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (15/09/2023)
Trustees
- SISTER EILEEN ANNE POLLARDchair
- SISTER ELIZABETH MARY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £2.4m | £2.4m |
| 31/12/2023 | £2.5m | £2.1m |
| 31/12/2022 | £2.2m | £1.9m |
| 31/12/2021 | £3.2m | £1.8m |
| 31/12/2020 | £2.0m | £1.8m |
Common questions
Is BOARBANK HALL CONVALESCENT HOME, GRANGE-OVER-SANDS financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £5,196,886, which the trustees acknowledge is above their stated policy target of six months to one year of running costs. Although the charity reported a net expenditure deficit of £12,071 for the year, it remains solvent with total net assets of £5,498,379 and no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were audited by Riverside Accountancy Lancaster Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELPING FOUNDATION | 1 | £979k |
Charities like this
- CONVALESCENT RETREAT LIMITED
- CASTLE SUPPORTED LIVING LIMITED
- GREEN PASTURES
- GRACE CHURCH SALISBURY
- HILLBROOK GRANGE RESIDENTIAL CARE HOME
- GRACE CHURCH SANDBACH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| BOARBANK HALL CONVALESCENT HOME, GRANGE-OVER-SANDS | £2.4m | — | — | above | — | no doubt |
| CONVALESCENT RETREAT LIMITED | £965k | — | 0 | unclear | — | noted |
| CASTLE SUPPORTED LIVING LIMITED | £1.2m | — | 0 | within | — | no doubt |
| GREEN PASTURES | £5.2m | — | — | unclear | — | noted |
| GRACE CHURCH SALISBURY | £392k | — | 0 | unclear | — | no doubt |
| HILLBROOK GRANGE RESIDENTIAL CARE HOME | £2.1m | — | 0 | unclear | — | no doubt |