Finance Score: -7

Governance Score: 0

Support Score: 3

Excess reserves: -5
Accounts filed more than 5 days late: -2 times

Gov Income
Grant maker support: +3

Overall GiG Score: -4

ABBEYFIELD SOUTH DOWNS LIMITED

The provision of sheltered housing for elderly people

Analysis by Giving is Great

Positives:

The charity has received Government grants
Spending has increased over the last 3 years relative to the previous period
There have been no material income shortfalls in recent years

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £7,788,224 available, equivalent to 64 months of spending and so may not be able to utilise additional funding
Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended

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	*	£1,546	£1,450	£97	£0	£8,025	£7,788	64.5	37	0
31/03/22		£998	£1,064	£-67	£0	£8,075	£7,835	88.3	33	0
31/03/21		£970	£913	£57	£0	£8,142	£7,898	103.9	31	0
31/03/20	*	£902	£884	£18	£0	£8,085	£7,838	106.4	30	12
31/03/19		£2,372	£941	£1,431	£0	£8,065	£7,815	99.6	31	22
31/03/18		£1,192	£1,135	£57	£0	£6,623	£6,370	67.3	47	0
31/03/17		£3,842	£889	£2,953	£0	£6,567	£6,310	85.2	34	0
31/03/16		£787	£801	£-13	£0	£3,055	£2,460	36.9	27	0
31/03/15		£786	£817	£-31	£4	£2,557	£1,945	28.6	22	0
31/03/14	*	£727	£794	£-67	£4	£2,588	£1,959	29.6	21	0
31/03/13		£564	£630	£-66	£4	£2,454	£1,783	33.9	2	0
31/03/12	*	£2,275	£630	£1,644	£4	£2,454	£1,783	33.9	2	0
31/03/11		£0	£0	£0	n/a	n/a	n/a	n/a	n/a	0
31/03/10		£314	£276	£38	£0	£0	£0	n/a	0	0
31/03/09		£276	£269	£7	£0	£0	£0	n/a	0	0
31/03/08		£260	£243	£17	£0	£0	£0	n/a	0	0
31/03/07		£243	£246	£-3	£0	£0	£0	n/a	0	0
31/03/06		£320	£232	£88	£0	£0	£0	n/a	0	0
31/03/05		£271	£247	£25	£0	£0	£0	n/a	0	0
31/03/04		£358	£257	£102	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 5%
Highest pay band: £60,000-£70,000
Liabilities/Assets: 56%
Liabilities/Income: 673%
Unrestricted Funds/Total Funds: 97%
Reserves/Spending: 64.5 months
Net Current Assets/Spending: 14 months
Quick Ratio: 4

Asset Split ?

Established: 61 years

www.abbeyfield.com/south-downs

info@abbsd.co.uk

01435866539

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
General Charitable Purposes

GiG Classification

Other facilities management and maintenance

How it operates

Provides advocacy/advice/information
Provides buildings/facilities/open space
Provides human resources
Provides services

Where it operates

East Sussex,

Who it helps

Elderly/Old People

Who works here?

37 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)

Current Trustees appointed

Gender Split

Age Range of Trustees: 52-83

DR IRINA CONLAN Appointed: 2023, Occupation: Director/Trustee

IAN ARTHUR THOMAS Appointed: 2023, Occupation: Building Surveyor

DAVID BYRNE Appointed: 2017, Occupation: Managing Director

JOANNE KATHLEEN SORENSON Appointed: 2017, Occupation: Marketing Director

JOHN MICHAEL TIMBS Appointed: 2018, Occupation: Company Director

MALCOLM PARIS Appointed: 2017, Occupation: Retired

PETER JAMES ANDERSON Appointed: 2020, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 06/03/1963, number: 216779
Registered at Companies House on 24/09/1962, number: 00736150

Gift Aid

NOT registered with HMRC for Gift Aid

Event History

29/01/2013 - Asset transfer in from THE ABBEYFIELD BRIGHTON AND HOVE SOCIETY LIMITED
25/07/2018 - Asset transfer in from ABBEYFIELD TUNBRIDGE WELLS SOCIETY LIMITED
Linked charity: ANGUS LODGE TRUST

Other Regulators

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
Risk management
Safeguarding policy and procedures
Safeguarding vulnerable beneficiaries
Serious incident reporting policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures
Volunteer management

Filing Record

20 returns made; AR23: 87 days late, AR20: 411 days late, AR14: 249 days late, AR12: 77 days late,

Main office

Holdenhurst
Mill Road
Heathfield
East Sussex
TN21 0GG

Objectives

TO RELIEVE AGED IMPOTENT OR POOR PEOPLE OF ALL CLASSES, FOR THE ADVANCEMENT OF RELIGION & EDUCATION & FOR OTHER CHARITABLE PURPOSES BENEFICIAL TO THE COMMUNITY.

Defined Area of Benefit:

EASTBOURNE

Data Sources