The Abbeyfield (Weymouth) Society Limited

Analysis

The Abbeyfield (Weymouth) Society Limited is a registered charity in England and Wales, based in Weymouth. It was registered in March 1966, 60 years ago. Its declared purposes cover accommodation/housing, which this site groups under housing and shelter. Legally it is a charitable company (Companies House number 00685160). It says it provides services.

In the financial year ending September 2023, The Abbeyfield (Weymouth) Society Limited reported income of £1.0m and spending of £946k, spending 94% of its income. Across the 3 years on record, from September 2021 to September 2023, income grew from £766k to £1.0m (+31%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 2,324 England and Wales charities whose main cause is housing and shelter and that reported income, The Abbeyfield (Weymouth) Society Limited sits at the 89th percentile: it is larger than about 88% of them. Against every charity in England and Wales with reported income it ranks in the 94th percentile. Charities of a similar size with the same main cause include Axis Supported Living (£993k), The Friends of St Davids Cathedral (£1.0m) and Reading Almshouse Charity (£992k).

In its latest detailed accounts, income came from charitable activities 99% and donations and legacies 1.0%. Charitable activities took 99% of spending and raising funds 0.0%. Reserves of £1.4m would cover about 17 months of spending at that rate. It employed 38 people.

Data notes from the register: The regulator lists this charity as in double default: it has missed the deadline for its annual return or accounts in two or more successive years.