CLEVEDON CONVALESCENT FUND
The charity seeks to help those in need of convalescence, for whatever reason, who cannot afford the total cost of such convalescence. 1) Persons recovering from sickness, medical or surgical treatment. 2) Such persons who are in a weak state of health and require a change of air, or require respite care.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves fell by £10,267 to £695,265 due to investment losses, though the charity remains self-sustaining through investment income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds significant endowment funds of £1,539,039 to support its long-term objectives.
What the accounts disclose
“The Trustees’ policy is to retain in the region of 25% of its annual income/turnover as a cash sum within the day-to-day current bank account.” — page 7
Trustees
- Carolyn Ruth Wilson
- DAVID JOHN CLARK
- Dr Roger Fido
- Ellodie Lydia Rose Hook
- Frances Mary Kay
- Matthew Stott
- NEIL FOSTER
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £75k | £82k |
| 31/03/2024 | £70k | £83k |
| 31/03/2023 | £82k | £70k |
| 31/03/2022 | £75k | £75k |
| 31/03/2021 | £65k | £46k |
Common questions
Is CLEVEDON CONVALESCENT FUND financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves fell by £10,267 to £695,265 due to investment losses, though the charity remains self-sustaining through investment income. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity holds significant endowment funds of £1,539,039 to support its long-term objectives. Its FY2025 accounts were independently examined.