BOARBANK HALL CONVALESCENT HOME, GRANGE-OVER-SANDS
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
“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
“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
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?
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.