MAYFIELD FELLOWSHIP
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £60,008 for the year ended 31 March 2023, resulting in unrestricted reserves decreasing to £991,633. The trustees consider this level of free reserves to be sufficient and in line with their policy of retaining at least six months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Trustees consider that this should be at least six months running costs.” — page 5
Leadership, per the charity’s website
- Carole Ackers — Registered Manager / Nominated Responsible Person
- Laurence Lee — Chairman of the Board
Structured financials (annual return, FY ending 31/03/2025)
Care Quality Commission ratings
- Mayfield Court: Outstanding
Trustees
- LAURENCE MYLES LEEchair
- ANDREW JACKSON
- Alison McCormick
- CHRISTOPHER SPEARIETT
- JACQUELINE ANNETTE SPEARIETT
- Jenny Clements
- Linda Jackson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £2.3m |
| 31/03/2024 | £2.5m | £2.3m |
| 31/03/2023 | £2.1m | £2.2m |
| 31/03/2022 | £2.0m | £2.0m |
| 31/03/2021 | £1.9m | £2.0m |
Common questions
Is MAYFIELD FELLOWSHIP financially healthy?
The accounts state that the charity reported a deficit of £60,008 for the year ended 31 March 2023, resulting in unrestricted reserves decreasing to £991,633. The trustees consider this level of free reserves to be sufficient and in line with their policy of retaining at least six months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Warr & Co Limited.