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home >> charity search >> magdalen & lasher charity - old hastings house, charitable incorporated organisation
Finance Score: 3
Governance Score: -1
Support Score: 0
  • Liabilities <10%: +3
  • Poor Liquidity: -1
  • Good Reserves: +1
  • 12+ Trustees: -1
  • No supporters identified
Overall GiG Score: 2 ?

MAGDALEN & LASHER CHARITY - OLD HASTINGS HOUSE, CHARITABLE INCORPORATED ORGANISATION 

The provision of residential care on a not-for -profit basis for elderly residents of Hastings in a 59 room care home.
Analysis by Giving is Great

Positives:

  • This charity has a robust balance sheet
  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return
  • There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • Liquidity appears to have been slender at the latest year end but unrestricted reserves are available
miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/23£2,231£2,108£123£0£4,181£3,22318.31155
31/03/22£2,236£2,016£221£0£4,084£3,62021.6900
31/03/21£2,087£1,990£98£0£3,779£3,61721.8900
31/03/20£1,893£1,894£-1£0£3,517£3,39621.510810
31/03/19£1,733£1,805£-72£0£3,442£3,33922.29110
31/03/18£1,663£1,684£-21£0£3,454£3,35723.9830
31/03/17£1,660£1,622£38£0£3,452£3,37225810
31/03/16*£1,545£1,516£29£0£3,340£3,26225.8820
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 3%
Liabilities/Income: 6%
Unrestricted Funds/Total Funds: 77%
Reserves/Spending: 18.3 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.2
Asset Split ?
Established: 10 years

www.oldhastingshouse.co.uk

admin@oldhastingshouse.co.uk

01424452642

Charity Commission for England and Wales
UN SDGs
?
Listed activities
  • Other Charitable Purposes
  • The Advancement Of Health Or Saving Of Lives
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Residential nursing care facilities
How it operates
  • Provides services
Where it operates
  • East Sussex,
Who it helps
  • Elderly/Old People
Who works here?
  • 115 employees
  • 5 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (14)
Current Trustees appointed
Gender Split

Legal constitution
  • Charity registered in England & Wales on 22/10/2014, number: 1158933
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Care Quality Commission
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
8 returns made; AR16: 1 days late,
Main office

Old Hastings House
132 High Street
Hastings
East Sussex
TN34 3ET

Objectives

THE PREVENTION AND RELIEF OF POVERTY AND THE RELIEF OF OLD AGE AMONGST PERSONS LIVING IN OR NEAR THE BOROUGH OF HASTINGS ('BENEFICIARIES') BY THE PROVISIONS AND MAINTENANCE IN HASTINGS OF A CARE HOME COMPRISING THE LAND AND BUILDINGS KNOWN AS OLD HASTINGS HOUSE (OR ANY PROPERTY ACQUIRED IN ITS PLACE) OR BY THE ESTABLISHMENT AND MAINTENANCE OF OTHER FACILITIES FOR ELDERLY PERSONS LIVING IN OR NEAR THE BOROUGH OF HASTINGS OR WHO HAVE A FAMILY OR OTHER CONNECTION WITH HASTINGS.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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