QUEBEC HALL LIMITED
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net expenditure deficit of £128,083 for the year ended 28 February 2024, resulting in a decrease in unrestricted reserves from £383,586 to £312,159. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves held at £312,159 against a policy target of £273,000. The charity operates a defined contribution pension scheme and holds no defined benefit pension deficits.
What the accounts disclose
“In order to meet the risks outlined above, the trustees consider that unrestricted reserves of 3 months expenditure should be held. The expenditure for the financial year ending 28/02/24 is looked at and the budget for 2024/2025 is taken into account at £1092k. The equivalent unrestricted reserves level was set at £273k.” — page 7
“His son, David Woodgett, was employed by the home during the year and received total remuneration of £40,282 (2023: £14,833). Mark Woodgett was not involved in the recruitment or employment process of David, David was paid at market rate and the job was advertised. David did not receive any benefits.” — page 27
“Mr Mark Woodgett's mother-in-law and one of the trustees are bungalow residents but are being charged at the normal residential rate as applied to other residents.” — page 27
“His son, David Woodgett, was employed by the home during the year and received total remuneration of £40,282 (2023: £14,833). Mark Woodgett was not involved in the recruitment or employment process of David, David was paid at market rate and the job was advertised. David did not receive any benefits.” — page 27
“Mr Mark Woodgett's mother-in-law and one of the trustees are bungalow residents but are being charged at the normal residential rate as applied to other residents.” — page 27
Leadership, per the charity’s website
- Mark Woodgett — General Manager
- David Woodgett — Head of Care
- Lynda Watkinson — Deputy Head of Care
Structured financials (annual return, FY ending 28/02/2025)
Care Quality Commission ratings
- Quebec Hall Limited: Good
Trustees
- STEPHEN READchair
- ANDREW STEPHEN BASH
- Chris Lambert
- Timothy Gooding
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £1.2m | £1.2m |
| 29/02/2024 | £1.1m | £1.2m |
| 28/02/2023 | £970k | £1.0m |
| 28/02/2022 | £970k | £986k |
| 28/02/2021 | £944k | £992k |
Common questions
Is QUEBEC HALL LIMITED financially healthy?
The accounts state that the charity reported a net expenditure deficit of £128,083 for the year ended 28 February 2024, resulting in a decrease in unrestricted reserves from £383,586 to £312,159. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future, with unrestricted reserves held at £312,159 against a policy target of £273,000. The charity operates a defined contribution pension scheme and holds no defined benefit pension deficits. Its FY2024 accounts were audited by Caladine Limited.