The Abbeyfield Belfast Society Limited
Latest income
£2.6m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity generated a net income of £164,603 for the year ended 31 March 2025, with total unrestricted funds of £7,620,753. The trustees report that the charity has adequate resources to continue in operational existence for the foreseeable future, with no material uncertainties identified regarding its going concern status.
What the accounts disclose
Highest-paid employee band: £70,001 - £80,000
“One employee’s annual remuneration fell between £70,000 and £80,000.” — page 25
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 1
“One employee’s annual remuneration fell between £70,000 and £80,000.” — page 25
Per FY2025 accounts as filed with CCNI.
Reserves policy: approximately four months forecast net expenditure (held: £7.6m)
“The Society’s policy is to hold and designate an amount of general reserves, in the form of cash at bank, equivalent to approximately four months forecast net expenditure, having regard to an anticipated level of income.” — page 5
Per FY2025 accounts as filed with CCNI.
Largest income source: Income from residents (97% of income)
“Income from residents 2,419,937 76,087 2,496,024”
Per FY2025 accounts as filed with CCNI.
Independent examiner: HM Chartered Accountants
Per FY2025 accounts as filed with CCNI.