THE ABBEYFIELD (WEYMOUTH) SOCIETY LIMITED
Provision of accommodation to elderly persons.
Financial health, per its FY2023 accounts
The accounts state that the society reported a surplus of £61,641 for the year ended 30 September 2023, with total unrestricted reserves of £1,387,050. However, the trustees have concluded that the entity is not a going concern due to the planned sale of Legh House and the expected merger of the remaining operation at MacPherson House with another Abbeyfield society.
What the accounts disclose
“Care home services 788, 160”
“Due to this the trustees have concluded it no longer appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than a going concern.” — page 7
Year-over-year changes
- Going concern: going-concern doubt noted (FY2022) → not a going concern (FY2023).
Corporate structure
- Registered company of the charity Companies House 00685160
Company officers (Companies House)
- GEARY, David on trustee list
- GRIFFITHS, Linda Frances on trustee list
- SADLER, Brian on trustee list
Structured financials (annual return, FY ending 30/09/2023)
Trustees
- MALCOLM JOHN THAMEchair
- Brian Sadler
- DAVID GEARY
- Linda Frances Griffiths
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | — | — |
| 30/09/2024 | — | — |
| 30/09/2023 | £1.0m | £946k |
| 30/09/2022 | £843k | £931k |
| 30/09/2021 | £766k | £901k |
Common questions
Is THE ABBEYFIELD (WEYMOUTH) SOCIETY LIMITED financially healthy?
Per its FY2023 accounts: The accounts state that the society reported a surplus of £61,641 for the year ended 30 September 2023, with total unrestricted reserves of £1,387,050. However, the trustees have concluded that the entity is not a going concern due to the planned sale of Legh House and the expected merger of the remaining operation at MacPherson House with another Abbeyfield society. Its FY2023 accounts were audited by G B Reid Limited.
Charities like this
- THE ABBEYFIELD BERKHAMSTED AND HEMEL HEMPSTEAD SOCIETY LIMITED
- THE ABBEYFIELD REIGATE SOCIETY LIMITED
- THE ABBEYFIELD WORCESTER AND HEREFORD SOCIETY LIMITED
- THE ABBEYFIELD (MAIDENHEAD) SOCIETY LIMITED
- THE ABBEYFIELD RYDE 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 (WEYMOUTH) SOCIETY LIMITED | £1.0m | — | 0 | unclear | — | not going concern |
| THE ABBEYFIELD BERKHAMSTED AND HEMEL HEMPSTEAD SOCIETY LIMITED | £736k | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD REIGATE SOCIETY LIMITED | £207k | — | 0 | above | — | no doubt |
| THE ABBEYFIELD WORCESTER AND HEREFORD SOCIETY LIMITED | £1.0m | — | 0 | unclear | — | no doubt |
| THE ABBEYFIELD (MAIDENHEAD) SOCIETY LIMITED | £3.3m | — | 0 | above | — | no doubt |
| THE ABBEYFIELD RYDE SOCIETY LIMITED | £271k | — | 0 | unclear | — | no doubt |