BOARBANK HALL CONVALESCENT HOME, GRANGE-OVER-SANDS

Registered charity 233499 · accounts filings on the Charity Commission register

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Latest income
£2.4m
Latest spending
£2.4m
Registered
1964
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity reported a net income surplus of £440,817 for the year ended 31 December 2022, with unrestricted reserves totaling £4,716,787. The trustees note that while trading activities often create a deficit, donations and legacies enable the charity to continue its operations. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Reserves policy: six months but no more than one year (held: £4.7m)
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
Per its FY2022 accounts as filed with the Charity Commission.
Related-party transaction: The charity makes extensive use of voluntary unpaid work from twelve (2021: twelve) of the sisters who reside on site at Boarbank Hall. They provide significant pastoral and spiritual care to the patients residing at Boarbank Hall and are responsible for the day to day administration and running of the charity. The sisters work varied hours in between commitments related to their religious activities.
The charity makes extensive use of voluntary unpaid work from twelve (2021: twelve) of the sisters who reside on site at Boarbank Hall. They provide significant pastoral and spiritual care to the patients residing at Boarbank Hall and are responsible for the day to day administration and running of the charity. The sisters work varied hours in between commitments related to their religious activities. — page 4
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Riverside Accountancy Lancaster Limited. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Boarbank Hall Nursing Home (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.4m
Total spending
£2.4m
Reserves (reported)
£5.5m
Employees
78

Reported reserves equal ~27.0 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Cumbria

Income and spending

Financial year endIncomeSpending
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?

The accounts state that the charity reported a net income surplus of £440,817 for the year ended 31 December 2022, with unrestricted reserves totaling £4,716,787. The trustees note that while trading activities often create a deficit, donations and legacies enable the charity to continue its operations. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2022 accounts were audited by Riverside Accountancy Lancaster Limited.