GREENDOWN TRUST
Residential care home and sheltered housing for the elderly.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net expenditure of £574,820 for the period, primarily due to the closure of Dyneley House and associated redundancy costs. Despite this loss, unrestricted reserves remain at £2,990,002, and the trustees confirm the charity remains on a sound financial footing with sufficient resources to continue as a going concern.
What the accounts disclose
“During the year ended 31st March 2025, 93% (2023: 85%) of the charity's income arose from rents and service charges for the occupation of residential and sheltered accommodation owned by the charity.” — page 5
Corporate structure
- Registered company of the charity Companies House 02450176
Company officers (Companies House)
- CLARK, Laura on trustee list
- BARNES, Simon William on trustee list
- PICKERSGILL, David not on trustee list
- COOP, Carolyne Lindsey
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (20/11/2023)
Trustees
- Laura Clark
- MR D PICKERSGILL
- Simon William Barnes
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.6m |
| 30/09/2023 | £1.4m | £1.3m |
| 30/09/2022 | £1.1m | £1.2m |
| 30/09/2021 | £1.0m | £1.2m |
| 30/09/2020 | £1.2m | £1.1m |
Common questions
Is GREENDOWN TRUST financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net expenditure of £574,820 for the period, primarily due to the closure of Dyneley House and associated redundancy costs. Despite this loss, unrestricted reserves remain at £2,990,002, and the trustees confirm the charity remains on a sound financial footing with sufficient resources to continue as a going concern. Its FY2025 accounts were audited by Thomas Coombs Limited.
Who funds GREENDOWN TRUST?
Funders whose own accounts filings name GREENDOWN TRUST as a grant recipient include WESTMINSTER FUND.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| WESTMINSTER FUND | FY2025 | £25k | Grants to institutions |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
Charities like this
- GREENSTEAD COMMUNITY ASSOCIATION
- GREENSLEEVES HOMES TRUST
- GREENFIELDS EDUCATIONAL TRUST
- SANGAT TRUST
- Greenacre Trust Limited
- GREENWOOD CHRISTIAN TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GREENDOWN TRUST | £2.0m | — | 0 | unclear | — | no doubt |
| GREENSTEAD COMMUNITY ASSOCIATION | £143k | — | 0 | unclear | — | no doubt |
| GREENSLEEVES HOMES TRUST | £89.1m | — | — | below | — | no doubt |
| GREENFIELDS EDUCATIONAL TRUST | £1.3m | — | — | below | — | noted |
| SANGAT TRUST | £848k | — | 0 | unclear | — | no doubt |
| Greenacre Trust Limited | £1.6m | — | 0 | above | — | no doubt |