Finance Score: -10

Governance Score: -2

Support Score: 0

Excess reserves: -3
Accounts overdue -5
Deficit latest year: -2

Narrow trustee age band: -2

No supporters identified

Overall GiG Score: -12

THE ABBEYFIELD LOUGHBOROUGH SOCIETY LIMITED

RESIDENTIAL CARE HOUSING FOR THE ELDERLEY

Analysis by Giving is Great

Positives:

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
The Board has little diversity in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £3,934,688 available, equivalent to 32 months of spending and so may not be able to utilise additional funding
Latest accounts are overdue for filing
Income was lower than spending in the latest year

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
31/03/22	£1,250	£1,496	£-246	£0	£3,935	£3,935	31.6	50	0
31/03/21	£1,439	£1,527	£-88	£0	£3,640	£1,628	12.8	59	0
31/03/20	£1,438	£1,494	£-56	£0	£3,591	£3,591	28.8	57	25
31/03/19	£1,392	£1,420	£-27	£0	£3,750	£3,750	31.7	61	25
31/03/18	£1,420	£1,413	£7	£0	£3,664	£3,664	31.1	63	25
31/03/17	£1,380	£1,398	£-18	£0	£3,617	£3,617	31	65	0
31/03/16	£1,438	£1,333	£105	£0	£3,413	£3,413	30.7	67	0
31/03/15	£1,352	£1,288	£64	£48	£3,244	£3,244	30.2	68	0
31/03/14	£1,282	£1,241	£41	£38	£3,133	£3,133	30.3	74	0
31/03/13	£1,260	£1,227	£33	£0	£3,014	£3,014	29.5	76	0
31/03/12	£1,351	£1,159	£193	£0	£2,919	£2,919	30.2	78	0
31/03/11	£1,114	£1,195	£-82	£0	£2,719	£2,719	27.3	81	0
31/03/10	£1,185	£1,144	£41	£0	£2,786	£864	9.1	71	0
31/03/09	£1,162	£1,076	£85	£0	£2,686	£2,686	29.9	51	0
31/03/08	£1,117	£1,029	£88	£0	£2,710	£2,710	31.6	57	0
31/03/07	£985	£930	£55	£0	£2,689	£2,689	34.7	50	0
31/03/06	£951	£860	£91	£0	£0	£0	n/a	0	0
31/03/05	£945	£872	£72	£0	£0	£0	n/a	0	0
31/03/04	£893	£720	£173	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Highest pay band: Less than £60,000
Liabilities/Assets: 44%
Liabilities/Income: 248%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 31.6 months
Net Current Assets/Spending: 4 months
Quick Ratio: 1.7

Asset Split ?

Established: 59 years

www.abbeyfieldloughborough.co.uk

general@abbeyfieldloughborough.co.uk

01509266605

Charity Commission for England and Wales

Listed activities

Accommodation/Housing

GiG Classification

Other facilities management and maintenance

How it operates

Provides services

Where it operates

Leicestershire,

Who it helps

Elderly/Old People

Who works here?

50 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Based on 7/8 persons

Age Range of Trustees: 65-76

CHRIS JENNISON Appointed: 2018, Occupation: Retired Chartered Civil Engineer

DAVID HASTINGS Appointed: 2021, Occupation: Retired

WILLIAM GEORGE HOLLAND Appointed: 2022, Occupation: Retired

ALAN WOOD Appointed: 2019, Occupation: Nursing Lecturer

BRIAN ROBERT BUNN Appointed: 2007, Occupation: Operations Manager

JAQUELINE STEPHENS Appointed: 2012, Occupation: Retired

MR FRANK FAY, Occupation: Retired Head Master

RUTH JOHNSON (Chair) Appointed: 2013, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 11/12/1964, number: 238168
Registered at Companies House on 25/03/1963, number: 00754694

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

Care Quality Commission

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

19 returns made; all on time

Main office

42-44 Westfield Drive
LOUGHBOROUGH
LE11 3QL

Objectives

3 OBJECTSThe Society is established for the public benefit for the following objects:3.1 The relief and care of elderly persons of all classes, beliefs and nationalities suffering from the disabilities of old age or otherwise in need.3.2 The spreading of Christian principles to all human relationships and the application of humanitarian aims to promote the relief of the elderly.3.3 The provision of further education in the sphere of voluntary work, social work and similar activities so as to inculcate the principles of good citizenship.3.4 The provision and management of housing, accommodation or assistance, including providing and maintaining or assisting in providing and maintaining houses and homes, for the relief and care of elderly persons suffering from the disabilities of old age or otherwise being in need.3.5 Such other purposes recognised by English law as charitable as the Society shall determine from time to time.The Society is proposing the adoption of the ‘model’ Memorandum and Articles of Association provided by The Abbeyfield Society (Charity Commission No: 200719) and approved by the Charity Commission in September 2019 of which the above is an extract.

Defined Area of Benefit:

BOROUGH OF LOUGHBOROUGH.

Data Sources