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THE MINCHINHAMPTON CENTRE FOR THE ELDERLY

Registered charity 287479 · accounts filings on the Charity Commission register · also known as HORSFALL HOUSE, THE MUNCHINHAMPTON DAY CENTRE

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Latest income
£3.2m
Latest spending
£8.8m
Registered
1983
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity intends to dissolve following a group restructure, leading to the preparation of financial statements on a basis other than going concern. Per the trustees' report, all assets and liabilities were transferred to Horsfall House CIO, resulting in a net movement in funds of negative £5,466,012 and zero fund balances at year-end.

What the accounts disclose

Related-party transaction: The charity provided financial support to its subsidiary charitable company, Minchinhampton Centre for the Elderly Limited, for residents unable to fund full care costs.
“During the period the charity provided £194,912 (2023 - £336,488) to its subsidiary charitable company, Minchinhampton Centre for the Elderly Limited for financial support to residents of the Nursing Home who are unable to fund the full cost of their residential nursing care.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Kingscott Dix Limited. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/12/2024)

Total income
£3.2m
Total spending
£8.8m
Cost of raising funds
£39k
Reserves (reported)
£0
Employees
142

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Gloucestershire

Income and spending

Financial year endIncomeSpending
31/12/2024£3.2m£8.8m
31/12/2023£4.8m£5.0m
30/09/2022£4.5m£3.8m
30/09/2021£3.4m£3.5m
30/09/2020£3.5m£3.7m

Common questions

Is THE MINCHINHAMPTON CENTRE FOR THE ELDERLY financially healthy?

The accounts state that the charity intends to dissolve following a group restructure, leading to the preparation of financial statements on a basis other than going concern. Per the trustees' report, all assets and liabilities were transferred to Horsfall House CIO, resulting in a net movement in funds of negative £5,466,012 and zero fund balances at year-end. Its FY2024 accounts were audited by Kingscott Dix Limited.