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Southern Oaks Retirement Living

Registered charity 247308 · accounts filings on the Charity Commission register · also known as ABBEYFIELD SOUTHERN OAKS, THE ABBEYFIELD PURLEY SOCIETY LIMITED, THE ABBEYFIELD SOUTHERN OAKS

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Latest income
£2.4m
Latest spending
£2.2m
Registered
1966
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a modest operating surplus and an overall surplus of £334k for the year, with unrestricted reserves increasing to £14,579k. The trustees report that the charity has adequate resources to continue as a going concern and maintains a negative gearing position of -39.1%, indicating low dependence on debt finance.

What the accounts disclose

Reserves policy: adequate to cover for contingencies in meeting essential services (held: £14.6m)
“The Board's policy is to retain such reserves as in the Board's judgment are adequate to cover for contingencies in meeting essential services.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by FLB Audit LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 30/09/2025)

Total income
£2.4m
Total spending
£2.2m
Cost of raising funds
£5k
Reserves (reported)
£14.6m
Employees
25

Reported reserves equal ~80.0 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: Croydon · Surrey · Sutton

Income and spending

Financial year endIncomeSpending
30/09/2025£2.4m£2.2m
30/09/2024£7.5m£2.1m
30/09/2023£1.8m£1.9m
30/09/2022£5.6m£5.5m
30/09/2021£7.0m£6.9m

Common questions

Is Southern Oaks Retirement Living financially healthy?

The accounts state that the charity generated a modest operating surplus and an overall surplus of £334k for the year, with unrestricted reserves increasing to £14,579k. The trustees report that the charity has adequate resources to continue as a going concern and maintains a negative gearing position of -39.1%, indicating low dependence on debt finance. Its FY2025 accounts were audited by FLB Audit LLP.