THE ABBEYFIELD BASILDON SOCIETY LIMITED
Provision of accommodation, care and companionship for senior citizens in accordance with the aims and principles of The Abbeyfield Society Limited.
Financial health, per its FY2025 accounts
The accounts state that total reserves stood at £1,787,901, with the board considering the state of affairs to be satisfactory. The charity reported an operating deficit of £6,170 for the year, primarily driven by social housing activities, but achieved a net surplus of £27,712 after investment income. The trustees believe that maintaining current reserves levels provides sufficient resources to mitigate significant risks.
What the accounts disclose
“Turnover represents rental and service charges income receivable in the year net of rent and service charge losses from voids, revenue grants from the government (local authorities) and the Homes and Communities Agency.” — page 17
Property (HM Land Registry)
Trustees
- MICHAEL STANTON-DUNNEchair
- Abbas Nurbhai
- PATRICIA STANTON GRIFFITHS
- RICHARD THOMSON
- Sean Michael Stanton-Dunne
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £410k | £382k |
| 31/03/2024 | £380k | £361k |
| 31/03/2023 | £273k | £345k |
| 31/03/2022 | £264k | £267k |
| 31/03/2021 | £335k | £283k |
Common questions
Is THE ABBEYFIELD BASILDON SOCIETY LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that total reserves stood at £1,787,901, with the board considering the state of affairs to be satisfactory. The charity reported an operating deficit of £6,170 for the year, primarily driven by social housing activities, but achieved a net surplus of £27,712 after investment income. The trustees believe that maintaining current reserves levels provides sufficient resources to mitigate significant risks. Its FY2025 accounts were audited by Sygma Chartered Accountants.