Fundraising

CHT is an efficient and well managed business with a robust balance sheet. There is a high demand for places in our projects and occupancy levels are consistently at 100%. Patients are referred to us from across London and the costs of their placements are met by local authorities. This provides us with an income sufficient to meet our existing financial commitments. However, two of our projects are based in short leasehold properties and for all our success, little money is left after current earnings have met day-to-day business costs. Our future is therefore constrained by lack of capital. CHT badly needs to replace the leased properties with properties that are wholly owned. However, we have only modest reserves and so long as we remain tied to leased properties, we remain locked in a pattern where a major part of our income is consumed by rents. It is important that we raise sufficient funds to help us break out of this circle into a situation where we can use our earnings to pay for further expansion of the work in which we passionately believe. A Fundraising Committee has been established and donations are now being sought from the corporate sector as well as from charitable trusts and individuals.