ABBEYFIELD BRAINTREE, BOCKING AND FELSTED SOCIETY LIMITED
Latest income
£4.0m
Latest spending
£3.5m
Registered
1969
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £293,603 for the year ended 31 March 2024, reversing a prior year deficit. Per the trustees' report, unrestricted reserves stood at £5,853,762, with free reserves exceeding £2 million, which is above the stated policy target of six months' gross rental and service charge income.
What the accounts disclose
Reserves policy: six months’ gross rental and service charge income (held: £5.9m)
“The Board has established a policy whereby the unrestricted funds not committed or invested in tangible assets ('free reserves’) held by the Society should be equivalent of at least six months’ gross rental and service charge income.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Tony Cramphorn — Chair
- Ian Norgett — Vice Chair
Structured financials (annual return, FY ending 31/03/2025)
Total income
£5k
Total spending
£3.5m
Reserves (reported)
£6.2m
Employees
113
Care Quality Commission ratings
- Great Bradfords House: Good
Register events
- Received assets from another charity (09/06/2016)
Trustees
- ANTHONY MICHAEL ST JOHN CRAMPHORNchair
- BARBARA GUEST
- DAVID SUMMERSGILL
- IAN NORGETT
- Martin Quaife
- Michael James Barry
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.0m | £3.5m |
| 31/03/2024 | £3.8m | £3.6m |
| 31/03/2023 | £3.2m | £3.4m |
| 31/03/2022 | £1.7m | £1.5m |
| 31/03/2021 | £1.5m | £1.4m |
Common questions
Is ABBEYFIELD BRAINTREE, BOCKING AND FELSTED SOCIETY LIMITED financially healthy?
The accounts state that the charity reported a surplus of £293,603 for the year ended 31 March 2024, reversing a prior year deficit. Per the trustees' report, unrestricted reserves stood at £5,853,762, with free reserves exceeding £2 million, which is above the stated policy target of six months' gross rental and service charge income. Its FY2024 accounts were audited by Sumer Auditco Limited.