Isobel Fraser Home
Latest income
£2.1m
Latest spending
£1.9m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity incurred a net loss of £88,556 for the year ended 30 September 2024, driven by reduced occupancy, increased NHS-funded residents, and higher inflationary costs. Despite these pressures, the trustees secured additional funding support and implemented remedial measures, which led to a return to profitability in the first six months of the subsequent financial year.
What the accounts disclose
Going concern: material uncertainty disclosed
“This additional funding together with planned price rises and cost savings should, if there are no unforeseen events, ensure that the charity remains solvent. Funding across the care sector together with a climate of increasing costs has put increasing stress on the care home sector and these conditions together with the events set forth in the Trustees' Annual Report on page 3 indicate that a material uncertainty exists that may cast significant doubt on the charity's ability to continue as a going concern.” — page 6
Per FY2025 accounts as filed with OSCR.