THE COTE CHARITY
TO PROVIDE A RESIDENTIAL HOME(S) OR COMBINATION(S) OF A RESIDENTIAL HOME AND A NURSING HOME FOR ELDERLY PEOPLE OVER 60 YEARS OF AGE WHO THROUGH INFIRMITY OR FINANCIAL NEEDS ARE UNABLE TO PROVIDE A HOME THEMSELVES.TO PAY PENSIONS,ANNUITIES OR GRANTS TO ELDERLY PERSONS OVER 60 YEARS OF AGE (WHETHER OR NOT RESIDENTS OF THE HOMES) WHO THROUGH INFIRMITY OR FINANCIAL NEED
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus on unrestricted funds of £744,412 for the year ended 31 December 2025. The charity holds unrestricted funds of £2,923,650, which is significantly higher than its stated reserves policy target of approximately 6 months' running costs (£1,301,356). The trustees confirmed that the charity has sufficient funds to continue meeting its liabilities as they fall due for at least 12 months from the date of approval.
What the accounts disclose
“The Trustee has the policy to maintain reserves of unrestricted funds to a level that provides an operational contingency of approximately 6 months’ running costs, which based on 2025 would equate to £1,301,356.” — page 7
“The Charity incurred a charge for the reallocation of salaries and overheads of £63,952 (2024: £59,490) from the Society of Merchant Venturers, to cover the services it provides in relation to the management and administration of the Charity, of which £616 (2024: £nil) was outstanding at the year end.” — page 24
“The Cote Charity made a charge of £4,743 (2024: £4,650) for the services of the Almshouse Manager and a charge of £5,598 for a maintenance officer (2024: £5,457) to the SMV Almshouses Charity.” — page 25
“The Charity incurred a charge for the reallocation of salaries and overheads of £63,952 (2024: £59,490) from the Society of Merchant Venturers, to cover the services it provides in relation to the management and administration of the Charity, of which £616 (2024: £nil) was outstanding at the year end.” — page 24
“The Cote Charity made a charge of £4,743 (2024: £4,650) for the services of the Almshouse Manager and a charge of £5,598 for a maintenance officer (2024: £5,457) to the SMV Almshouses Charity.” — page 25
“The Charity incurred a charge for the reallocation of salaries and overheads of £63,952 (2024: £59,490) from the Society of Merchant Venturers, to cover the services it provides in relation to the management and administration of the Charity, of which £616 (2024: £nil) was outstanding at the year end.” — page 24
“The Cote Charity made a charge of £4,743 (2024: £4,650) for the services of the Almshouse Manager and a charge of £5,598 for a maintenance officer (2024: £5,457) to the SMV Almshouses Charity.” — page 25
Structured financials (annual return, FY ending 31/12/2025)
Care Quality Commission ratings
- Katherine House Rest Home: Good
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £3.3m | £2.7m |
| 31/12/2024 | £3.1m | £2.5m |
| 31/12/2023 | £2.7m | £2.4m |
| 31/12/2022 | £2.2m | £2.2m |
| 31/12/2021 | £1.7m | £2.0m |
Common questions
Is THE COTE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus on unrestricted funds of £744,412 for the year ended 31 December 2025. The charity holds unrestricted funds of £2,923,650, which is significantly higher than its stated reserves policy target of approximately 6 months' running costs (£1,301,356). The trustees confirmed that the charity has sufficient funds to continue meeting its liabilities as they fall due for at least 12 months from the date of approval. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE MARTIN SMITH FOUNDATION | 1 | £57k |
| Friends of the Nations' Libraries | 1 | £4k |
| THE OUSELEY CHURCH MUSIC TRUST | 1 | £2k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST COOKHAM DEAN | 1 | £30 |
Charities like this
- THE CITY CHARITY TRUST
- BERKHAMPSTEAD SCHOOL (CHELTENHAM) TRUST LIMITED
- HIMAT TANNA CHARITABLE TRUST
- LIBURY HALL
- INDEPENDENT CHOICES GREATER MANCHESTER
- THE DEAN AND CHAPTER OF THE CATHEDRAL CHURCH OF CHRIST IN OXFORD OF THE FOUNDATION OF KING HENRY VIII
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE COTE CHARITY | £3.3m | — | 0 | unclear | — | no doubt |
| THE CITY CHARITY TRUST | £128k | — | 0 | unclear | — | no doubt |
| BERKHAMPSTEAD SCHOOL (CHELTENHAM) TRUST LIMITED | £5.4m | — | — | below | — | no doubt |
| HIMAT TANNA CHARITABLE TRUST | £126k | — | 0 | unclear | — | no doubt |
| LIBURY HALL | £2.2m | £60,000 - £70,000 | 1 | unclear | — | no doubt |
| INDEPENDENT CHOICES GREATER MANCHESTER | £224k | — | 0 | unclear | — | no doubt |