ABBEYFIELD BRISTOL AND KEYNSHAM SOCIETY
Financial health, per its FY2022 accounts
The accounts state that the Society posted an operating deficit of £114,978 and a loss for the financial year of £113,669, driven by high void levels and pandemic-related costs. Despite the deficit, the Society holds unrestricted reserves of £5,291,434, which significantly exceed its stated policy target of £488,000 (three months' expenditure). The Trustees and auditors confirm the Society is in a stable position with no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The highest paid director, as defined in the Accounting Direction 2019, received £56,455 (2021 £49,733) remuneration (excluding pension contributions). No other directors received remuneration during the year.” — page 26
“Bristol Lettings Limited is a company owned by a daughter of Mr M Innes, a Trustee of the Society. During the year Bristol Lettings Limited leased part of the Society's offices and was charged £5,400 rent (2021: £5,400)” — page 31
Leadership, per the charity’s website
- Dr Hayley Richards — Chair
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Dr Hayley Richardschair
- Douglas Floyd Wood
- Louise Anne Cuthbertson
- Robert Treleaven Kinsman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.8m | £3.0m |
| 30/09/2023 | £2.2m | £2.0m |
| 30/09/2022 | £1.8m | £1.9m |
| 30/09/2021 | £1.6m | £1.8m |
| 30/09/2020 | £1.8m | £1.8m |
Common questions
Is ABBEYFIELD BRISTOL AND KEYNSHAM SOCIETY financially healthy?
The accounts state that the Society posted an operating deficit of £114,978 and a loss for the financial year of £113,669, driven by high void levels and pandemic-related costs. Despite the deficit, the Society holds unrestricted reserves of £5,291,434, which significantly exceed its stated policy target of £488,000 (three months' expenditure). The Trustees and auditors confirm the Society is in a stable position with no material uncertainties regarding its ability to continue as a going concern. Its FY2022 accounts were audited by Bishop Fleming LLP.
What does the highest-paid employee of ABBEYFIELD BRISTOL AND KEYNSHAM SOCIETY earn?
Per its FY2022 accounts, the highest-paid employee was in the £50,001 - £60,000 band.