GATESHEAD DISPENSARY NURSING HOME (CRAIGIELEA) LIMITED

Charity number: 516997
Removed charity

Charity overview

Activities - how the charity spends its money

IN ADMINISTRATION.

Income and expenditure

Data for financial year ending 31 March 2012

Total income:
£1,531,781

Text alternative for this canvas graphic is in the data table below.
Donations and legacies £1.60k
Charitable activities £1.53m
Other trading activities £0
Investments £707
Other £693

Total expenditure:
£1,581,404

Text alternative for this canvas graphic is in the data table below.
Raising funds £0
Charitable activities £1.57m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Text alternative for this canvas graphic is in the data table below.
Raising funds and other expenditure £8.17k
Charitable expenditure £1.57m

Fundraising

No information available

Trading

No information available

Trustee payments

No information available

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
How the charity helps:
  • Provides Services
Where the charity operates:
  • Gateshead

Governance

Registration history:
  • 20 December 1985: Standard registration
  • 07 July 2015: Removed (Ceased to exist)
Organisation type:
Charitable company
Other names:
  • CRAIGIELEA NURSING HOME (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
No policies declared
Land and property:
No information available

Financial history

" role="img"> Text alternative for this canvas graphic is in the data table below.

Financial period end date

Income / Expenditure 30/06/2008 30/06/2009 30/04/2010 31/03/2011 31/03/2012
Total gross income £818.21k £849.53k £630.84k £1.46m £1.53m
Total expenditure £785.71k £771.78k £625.85k £1.51m £1.58m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £75.50k £89.64k £25.52k £1.23k £1.60k
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £696.93k £718.85k £581.62k £1.46m £1.53m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £16.00k £12.37k £1.93k £1.76k £707
Income - Other £29.79k £28.67k £21.77k £1.50k £693
Income - Legacies £75.50k £0 £0 £0 £0
Expenditure - Charitable activities £780.35k £766.89k £620.68k £1.50m £1.57m
Expenditure - Raising funds N/A N/A N/A N/A N/A
Expenditure - Governance £5.36k £4.89k £5.17k £7.70k £8.17k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

" role="img"> Text alternative for this canvas graphic is in the data table below.
Asset / Liability 30/06/2008 30/06/2009 30/04/2010 31/03/2011 31/03/2012
Own use assets £70.50k £56.84k £71.96k £1.59m £1.59m
Long-term investments £0 £0 £0 £0 £0
Other assets £372.76k £462.53k £469.30k £231.81k £184.12k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £18.19k £16.56k £33.48k £55.32k £71.19k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2015 Not submitted
Accounts and TAR 31 March 2015 Not submitted
Annual return 31 March 2014 Not submitted
Accounts and TAR 31 March 2014 Not submitted
Annual return 31 March 2013 Not submitted
Accounts and TAR 31 March 2013 Not submitted
Annual return 31 March 2012 18 February 2013 18 days late
Accounts and TAR 31 March 2012 18 February 2013 18 days late

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 6 JANUARY 1984 AS AMENDED BY WRITTEN RESOLUTION REGISTERED AT COMPANIES HOUSE ON 1 SEPTEMBER 2010.

Charitable objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE: (I) TO RELIEVE SICKNESS, DISABILITY AND INFIRMITY BY SUCH MEANS AS THE TRUSTEES THINK FIT INCLUDING (BUT NOT RESTRICTED TO) BY THE OPERATION OF A CHARITABLE CARE HOME BY THE ADMISSION ACCORDING TO NEED OF PERSONS RESIDENT IN THE METROPOLITAN BOROUGH OF GATESHEAD IN THE COUNTY OF TYNE AND WEAR WHO ARE SICK, CONVALESCENT, DISABLED, HANDICAPPED OR INFIRM AND IN EXCEPTIONAL CASES PERSONS OTHERWISE ELIGIBLE FOR ADMITTANCE WHO ARE RESIDENT IMMEDIATELY OUTSIDE THE METROPOLITAN BOROUGH OF GATESHEAD BUT IN THE OPINION OF THE EXECUTIVE COMMITTEE OUGHT NEVERTHELESS FOR SUFFICIENT REASONS TO BE TREATED AS IF RESIDENT THEREIN OR WHO ARE LOCATED FOR THE TIME BEING WITHIN THAT BOROUGH. (II) TO RELIEVE HARDSHIP (WHETHER FINANCIAL OR OTHERWISE) BY ASSISTING PERSONS IN NECESSITOUS CIRCUMSTANCES THROUGH SUCH MEANS AS THE TRUSTEES THINK FIT; (III) TO PROMOTE ANY CHARITABLE PURPOSE FOR THE BENEFIT OF THE PUBLIC GENERALLY; AND (IV) FOR THE GENERAL PURPOSES OF SUCH CHARITABLE BODIES AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NONE DEFINED