THE ABBEYFIELD (STREATHAM) SOCIETY LTD
Provide very sheltered accommodation, with meals, for elderly people in one house in Streatham.
Financial health, per its FY2025 accounts
The accounts state that the charity holds sufficient funds to meet day-to-day requirements and has no debt, with total unrestricted reserves of £2,387,654. The trustees note that current reserves are in excess of their stated policy requirements, a situation attributed to the previous sale of a property. The charity maintains a strong balance sheet with significant property assets and good cash reserves.
What the accounts disclose
“Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It consists of rental income received from residents.” — page 10
“We additionally aim to maintain sufficient reserves to cover 6 months running costs to protect our residents from the risk of sudden closure.” — page 4
“Specifically, a payment of £33.60 was made to Raymond Smith (trustee) for covering a housekeeping shift”
“Specifically, a payment of £33.60 was made to Raymond Smith (trustee) for covering a housekeeping shift”
Corporate structure
- Registered company of the charity Companies House 00835742
Company officers (Companies House)
- OKUSI, Pierre on trustee list
- SMITH, Raymond Peter on trustee list
- OJO, John Abioye Ademola, Rev on trustee list
- MAY-MILLER, Hannah, Dr on trustee list
- ROBERTS, Keith on trustee list
- MAY-MILLER, Hannah, Dr
Property (HM Land Registry)
Trustees
- Dr Hannah May-Miller
- Keith Roberts
- Pierre Bandele Okusi
- RAYMOND SMITH
- Rev John Abioye Ademola Ojo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £147k | £150k |
| 31/03/2024 | £100k | £145k |
| 31/03/2023 | £135k | £149k |
| 31/03/2022 | £135k | £127k |
| 31/03/2021 | £123k | £108k |
Common questions
Is THE ABBEYFIELD (STREATHAM) SOCIETY LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds sufficient funds to meet day-to-day requirements and has no debt, with total unrestricted reserves of £2,387,654. The trustees note that current reserves are in excess of their stated policy requirements, a situation attributed to the previous sale of a property. The charity maintains a strong balance sheet with significant property assets and good cash reserves. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOAN AINSLIE CHARITABLE TRUST | 1 | £10k |
Charities like this
- THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY
- THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED
- THE ABBEYFIELD REIGATE SOCIETY LIMITED
- THE ABBEYFIELD CHICHESTER SOCIETY LIMITED
- THE ABBEYFIELD (CAMBORNE) SOCIETY LIMITED
- THE ABBEYFIELD YORK SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ABBEYFIELD (STREATHAM) SOCIETY LTD | £147k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD GREAT MISSENDEN AND DISTRICT SOCIETY | £355k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED | £368k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD REIGATE SOCIETY LIMITED | £207k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD CHICHESTER SOCIETY LIMITED | £373k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD (CAMBORNE) SOCIETY LIMITED | £137k | — | 0 | above | — | no doubt |