THE FAIRBANK SOCIETY
The main activity of the Charity is the provision of supported sheltered housing for elderly local people
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £35,315 for the year, primarily driven by £51,000 in building works expenditure. However, the trustees confirm that free reserves of £899,197 exceed the stated policy target of £750,000, and the going concern basis remains appropriate with sufficient liquid assets to cover current liabilities.
What the accounts disclose
“Income of £24k from investments was re-invested in the reserves.” — page 5
“The minimum level of reserves that the Trustees would aim to hold in normal circumstances is £750,000, with a view to building up closer to £900,000 within a 5-year planning period.” — page 6
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“There were no related party transactions during the current or previous period.” — page 21
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
“The Board have continued to have due regard to guidance published by the Charity Commission on Public benefit.” — page 5
Property (HM Land Registry)
Structured financials (annual return, FY ending 30/09/2025)
Trustees
- DR DAVID GARETH THOMASchair
- Dr IAIN MELVIN BRIDE
- Gillian Audrey Sykes
- LYNDA SKINNER
- Lesley Janet Barrett
- Lorna Mary Wilson
- MARY QUINN
- MERLIN HIBBS
- Michele Evelyn Emptage
- Rev Anne Pettifor
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £581k | £569k |
| 30/09/2024 | £486k | £534k |
| 30/09/2023 | £537k | £507k |
| 30/09/2022 | £509k | £435k |
| 30/09/2021 | £451k | £454k |
Common questions
Is THE FAIRBANK SOCIETY financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £35,315 for the year, primarily driven by £51,000 in building works expenditure. However, the trustees confirm that free reserves of £899,197 exceed the stated policy target of £750,000, and the going concern basis remains appropriate with sufficient liquid assets to cover current liabilities. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TRUST FOR LONDON | 1 | £236k |
| THE HEALTH FOUNDATION | 1 | £209k |
| JOHN ELLERMAN FOUNDATION | 1 | £150k |
| SYNCHRONICITY EARTH | 1 | £108k |
| CLEAN AIR FUND | 1 | £104k |
| THE BARROW CADBURY TRUST | 1 | £100k |
| THE FREDERICK MULDER FOUNDATION | 1 | £20k |
| THE HOBSON CHARITY LIMITED | 1 | £20k |
Charities like this
- FAIRFIELD RESIDENTIAL HOME
- THE ABBEYFIELD SANDERSTEAD SOCIETY LIMITED
- FAIRSHARE EDUCATIONAL FOUNDATION
- THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED
- Pilgrims' Friend Society (RP)
- THE ABBEYFIELD LEIGH SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE FAIRBANK SOCIETY | £581k | — | 0 | above | — | no doubt |
| FAIRFIELD RESIDENTIAL HOME | £2.8m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE ABBEYFIELD SANDERSTEAD SOCIETY LIMITED | £147k | — | 0 | unclear | — | no doubt |
| FAIRSHARE EDUCATIONAL FOUNDATION | £7.0m | — | — | within | — | no doubt |
| THE ABBEYFIELD UXBRIDGE SOCIETY LIMITED | £368k | — | 0 | unclear | — | no doubt |
| Pilgrims' Friend Society (RP) | £2.3m | — | 0 | unclear | — | no doubt |