Westerlands Association
Latest income
£1.2m
Latest spending
£1.2m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity ended the year with a surplus of £38,284 and total unrestricted funds of £275,958. The trustees consider adequate resources are available for the foreseeable future, noting the building is fully owned with no debt. However, the report highlights ongoing financial challenges due to significant underfunding by local authorities for care costs.
What the accounts disclose
Payments to trustees: Remuneration of £67,959 was paid to trustees and management committee members.
“Fees, remuneration and benefits 67,959” — page 18
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Two new trustees were appointed in February who have relatives in the Home, bringing the total number of Trustees with relatives in the Home to three.
“In February, ar RR aR ere became Trustees of Westerlands, Both have relatives in Westerlands and bring the total number of Trustees with relatives in the Home to three.”
Per FY2025 accounts as filed with OSCR.