Lilian Faithfull Care is a Registered Charity. Importantly, this means any financial surplus we make is reinvested for the benefit of our residents.
We don’t have shareholders and don’t pay out dividends to outside stakeholders. Everything we do as an organisation must fall within our charitable objects.
We remain true to our founder Lilian Faithfull’s principles of the charity; a desire to improve the lives of others through care and dedication.
As a charity, you can trust we are in care for the right reasons – not for profit. With 96p in every £1 spent towards the day to day care of our residents – and all that entails. We financially support as many older people as we are able by subsidising fees to the amount of £1.55 million. Through this subsidy and our ‘home for life’ pledge, we will never ask a resident to leave the group for financial reasons.
Take a read below of our recent annual report and our 10 key factors that sustained our care homes during Covid-19.