GOODWILL CHILDREN'S HOMES
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £293,448 against a trustee policy target of maintaining reserves above one year’s running costs. The charity reported a net deficit of £31,610 for the year, driven by expenditure exceeding income, though total reserves remain strong at £333,382. The trustees confirm that the reserves position is continually reviewed to ensure it remains sufficient to support Indian operations.
What the accounts disclose
“It is the trustees’ policy to maintain reserves above one year’s running costs.” — page 7
Trustees
- Dr DAVID NEILLchair
- Amandine ABHERVE - GUEGUEN
- Andrew John Ling
- Axelle Marie Martine Favre
- ELAINE CLARK
- MRS KATIE FENWICK
- Mary Teresa Thorne
- RICHARD BARASS FENWICK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £140k | £172k |
| 31/03/2024 | £96k | £112k |
| 31/03/2023 | £218k | £90k |
| 31/03/2022 | £144k | £41k |
| 31/03/2021 | £162k | £98k |
Common questions
Is GOODWILL CHILDREN'S HOMES financially healthy?
The accounts state that unrestricted reserves stood at £293,448 against a trustee policy target of maintaining reserves above one year’s running costs. The charity reported a net deficit of £31,610 for the year, driven by expenditure exceeding income, though total reserves remain strong at £333,382. The trustees confirm that the reserves position is continually reviewed to ensure it remains sufficient to support Indian operations. Its FY2025 accounts were independently examined.
Who funds GOODWILL CHILDREN'S HOMES?
Funders whose own accounts filings name GOODWILL CHILDREN'S HOMES as a grant recipient include RE:VISION NORTH LIMITED.
Known funders
| Funder | Year | Amount |
|---|---|---|
| RE:VISION NORTH LIMITED | FY2023 | £13k |
| RE:VISION NORTH LIMITED | FY2024 | £6k |