Finance Score: 4
Governance Score: 2
Support Score: 3
  • Liabilities <10%: +3
  • Excess reserves: -2
  • Strong growth: +2
  • Multiple Deficits: -2
  • Fundraising costs low: +3
  • Dynamic board: +3
  • Mainly male board: -1
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 9 ?

ABBEYFIELD WEY VALLEY SOCIETY LIMITED 

THE SOCIETY HAS 3 RESIDENTIAL CARE HOMES FOR OLDER PEOPLE IN FARNHAM, SURREY, 1 OF WHICH HAS A NURSING WING. IN ADDITION, IT HAS A RESIDENTIAL CARE HOME IN EACH OF READING, OXTED & DORKING. IT ALSO OPERATES A SHELTERED HOUSE IN GUILDFORD, SURREY. FINALLY, THE SOCIETY OPERATES A HOME CARE SERVICE FROM ONE OF ITS FARNHAM CARE HOMES TO HELP OLDER PEOPLE IN THE COMMUNITY.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants and contracts
  • This charity has a robust balance sheet
  • There has been strong growth in spending over the last 5 years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be dynamic in terms of composition

Regulatory & Governance issues to consider:

  • The Board is predominantly male

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £18,946,347 available, equivalent to 25 months of spending and so may not be able to utilise additional funding
  • On several occasions in recent years income has been less than spending

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
30/06/23£17,925£9,162£8,763£9£22,995£18,94624.826723
30/06/22£7,039£5,832£1,207£10£13,877£10,94422.51820
30/06/21£4,644£4,808£-164£2£12,832£9,93224.81656
30/06/20£4,790£4,922£-132£1£10,028£9,94424.216650
30/06/19£4,516£4,470£46£6£9,967£9,88826.515758
30/06/18£4,542£4,388£154£1£9,893£9,81526.81560
30/06/17£3,970£3,806£165£10£9,707£9,60930.31320

Financial Ratios
Fundraising Costs/Relevant Income: 0.1%
Fundraising Costs/Total Spending: 0.1%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 5%
Liabilities/Income: 7%
Unrestricted Funds/Total Funds: 82%
Reserves/Spending: 24.8 months
Net Current Assets/Spending: 5 months
Quick Ratio: 4.6
Asset Split ?
Established: 8 years

www.abbeyfieldweyvalley.co.uk

admin@abbeyfieldweyvalley.co.uk

01252735507

Charity Commission for England and WalesCompanies HouseFacebook
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • The Advancement Of Health Or Saving Of Lives
GiG Classification
  • Services for the elderly
How it operates
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Hampshire, Reading, Surrey,
Who it helps
  • Elderly/Old People
Who works here?
  • 267 employees
  • 23 volunteers

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months
To be used for
National Lottery Community Fund - A new adapted minibus to transport disabled elderly people on excursio
£10,000 22/02/2017
12
This organisation will use the funding to purchase a fully adapted minibus with wheelchair access for the benefit of older people in residential care. This will provide residents with access to a ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (10)
Current Trustees appointed
Gender Split

Age Range of Trustees: 63-87
Legal constitution
  • Charitable company registered in England & Wales on 12/07/2016, number: 1168173
  • Registered at Companies House on 30/06/2016, number: 10259078
Gift Aid
  • Registered with HMRC for Gift Aid
Other Regulators
  • Care Quality Commission
  • Homes England
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
  • 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
7 returns made; all on time
Main office

Abbeyfield Wey Valley Society Ltd
Wey Valley House
Mike Hawthorn Drive
Farnham
Surrey
GU9 7UQ

Objectives

THE COMPANY IS ESTABLISHED FOR THE PUBLIC BENEFIT FOR THE FOLLOWING PURPOSE:THE RELIEF AND CARE OF ELDERLY PERSONS OF ALL CLASSES, BELIEFS AND NATIONALITIES SUFFERING FROM THE DISABILITIES OF OLD AGE OR OTHERWISE IN NEED BY THE PROVISION AND MANAGEMENT OF HOUSING, INCLUDING SOCIAL HOUSING, ACCOMMODATION OR ASSISTANCE FOR SUCH PERSONS.

Data Sources

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

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great