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Avocet Care & Support Ltd

Registered charity 260015 · accounts filings on the Charity Commission register · also known as THE ABBEYFIELD (SOUTHEND AND DISTRICT) SOCIETY LIMITED, THE ABBEYFIELD SOUTHEND AND SOUTH EAST ESSEX SOCIETY LIMITED, THE ABBEYFIELD SOUTHEND SOCIETY LI, THE ABBEYFIELD SOUTHEND SOCIETY LIMITED

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Latest income
£1.8m
Latest spending
£1.8m
Registered
1970
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a deficit of £138,303 for the year ended 31 March 2024, resulting in a decrease in total reserves to £3,972,276. The trustees noted that the charity failed to meet its objective of growing unrestricted reserves by 5% to 15% of turnover per annum. Despite the operating deficit, the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“For the year under review the Charity has not met this objective.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Audit opinion: qualified
“We were unable to obtain sufficient appropriate audit evidence of the valuation of the Social Housing grants currently held, their allocation between properties and whether any of these grants may become repayable in the next 12 months. The valuation of the grants reflected in the financial statements is £1,440,897 and is included in Restricted Funds.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Rickard Luckin Limited. Discloses 4 of 6 completeness components.

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.8m
Total spending
£1.8m
Reserves (reported)
£3.9m
Employees
44

Reported reserves equal ~26.6 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Southend-on-sea

Income and spending

Financial year endIncomeSpending
31/03/2025£1.8m£1.8m
31/03/2024£1.9m£2.0m
31/03/2023£1.6m£1.7m
31/03/2022£1.5m£1.5m
31/03/2021£1.3m£1.6m

Common questions

Is Avocet Care & Support Ltd financially healthy?

The accounts state that the charity reported a deficit of £138,303 for the year ended 31 March 2024, resulting in a decrease in total reserves to £3,972,276. The trustees noted that the charity failed to meet its objective of growing unrestricted reserves by 5% to 15% of turnover per annum. Despite the operating deficit, the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Rickard Luckin Limited.