EAST END HOMES LIMITED

Charity number: 1107691
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

EastendHomes is in business to provide its residents of Tower Hamlets with quality homes, sustainable estates, and effective and efficient local housing services. EastendHomes principal activities are to effectively manage, maintain and develop homes, and to improve and regenerate its estates.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£29,600,000

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Donations and legacies £0
Charitable activities £28.86m
Other trading activities £0
Investments £706.00k
Other £31.00k

Total expenditure:
£28,710,000

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Raising funds £0
Charitable activities £28.71m
Other £0

-£475,000 investments gains (losses)

Total income includes £1,259,000 from 1 government grant(s)

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 £0
Charitable expenditure £28.71m
Retained for future use £890.00k

People

102 Employee(s)

10 Trustee(s)

6 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 18
£70k to £80k 10
£80k to £90k 4
£90k to £100k 3
£110k to £120k 1
£130k to £140k 1
£200k to £250k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

One or more trustees receive payments or benefits from the charity for being a trustee.

What, who, how, where

What the charity does:
  • Accommodation/housing
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Newham
  • Tower Hamlets

Governance

Registration history:
  • 18 January 2005: Standard registration
Organisation type:
Charitable company
Other names:
  • EEH (Working name)
Company number:
04516155 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Financial Conduct Authority
  • Homes England
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Pradeep Jeyaratnam-Joyner Trustee 23 September 2024
THE ST PAUL'S ARTS TRUST
Received: On time
Hilary Milne Trustee 23 September 2024
None on record
Keziah Jo Halliday Trustee 23 September 2024
None on record
Dewbien Anatalae Bailey Plummer Trustee 23 September 2024
None on record
Sandra Fawcett Trustee 23 September 2024
None on record
Tracey Gray Trustee 23 November 2023
None on record
SIMON ANDREW TUREK Trustee 10 November 2023
None on record
John Wing Fai Wu Trustee 21 September 2023
None on record
Jacqui Bateson Trustee 14 June 2023
None on record
Forhana Begum Trustee 25 September 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £23.15m £21.34m £21.40m £27.89m £29.60m
Total expenditure £21.77m £18.87m £22.51m £24.20m £28.71m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £4.85m £3.49m £586.00k £2.18m £1.26m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £22.94m £21.31m £21.35m £24.17m £28.86m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £57.00k £24.00k £55.00k £363.00k £706.00k
Income - Other £150.00k £5.00k £0 £3.36m £31.00k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £21.77m £18.87m £22.51m £24.20m £28.71m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £0 £0 £41.00k £33.00k £46.00k
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.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £155.52m £169.36m £184.23m £200.66m £212.52m
Long-term investments £17.21m £17.58m £17.58m £20.20m £19.73m
Other assets £9.46m £14.38m £18.41m £19.50m £10.12m
Defined benefit pension scheme asset or liability £458.00k £13.00k £2.88m £6.12m -£886.00k
Total liabilities £106.32m £122.65m £142.51m £159.32m £161.49m

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 2024 31 January 2025 On time
Accounts and TAR 31 March 2024 31 January 2025 On time
Annual return 31 March 2023 14 February 2024 14 days late
Accounts and TAR 31 March 2023 14 February 2024 14 days late
Annual return 31 March 2022 30 January 2023 On time
Accounts and TAR 31 March 2022 30 January 2023 On time
Annual return 31 March 2021 19 January 2022 On time
Accounts and TAR 31 March 2021 19 January 2022 On time
Annual return 31 March 2020 27 January 2021 On time
Accounts and TAR 31 March 2020 27 January 2021 On time
Submit annual return Open in new window

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 ON 21 AUGUST 2002 AS AMENDED BY SPECIAL RESOLUTION DATED 07 DECEMBER 2004 AS AMENDED BY RESOLUTION DATED 23 FEBRUARY 2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 04/03/2015 as amended on 21 Sep 2023

Charitable objects

THE OBJECTS OF THE COMPANY SHALL BE PRIMARILY IN THE AREA OF TOWER HAMLETS TO: 3.1 PROVIDE HOUSING SOCIAL HOUSING HOSTELS AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 3.2 PROVIDE FOR AGED, DISABLED OR CHRONICALLY SICK PERSONS IN NEED THEREOF HOUSING OR HOSTELS AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3.3 PROVIDE SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS TO AGED, DISABLED OR CHRONICALLY SICK PERSONS IN NEED THEREOF AND PROVIDE ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3.4 PROVIDE RECREATION OR OTHER LEISURE FACILITIES IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK; 3.5 RELIEVE FINANCIAL HARDSHIP AMONGST THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK; 3.6 ADVANCE EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; 3.7 MAINTAIN, IMPROVE OR PROVIDE PUBLIC AMENITIES FOR THE PUBLIC BENEFIT IN THE INTERESTS OF REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK; 3.8 PROMOTE PUBLIC SAFETY AND PREVENT CRIME; 3.9 ANY OTHER CHARITABLE OBJECTIVE THAT CAN BE CARRIED OUT FROM TIME TO TIME BY A NON-PROFIT REGISTERED PROVIDER OF SOCIAL HOUSING REGISTERED AS SUCH WITH THE REGULATOR.

Area of benefit

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

LONDON BOROUGH OF TOWER HAMLETS

Contact information

Address:
East End Homes Ltd
3 Resolution Plaza
LONDON
E1 6PS
Phone:
02075174700
Email:
enquiries@eastendhomes.net
Website:

www.eastendhomes.net Open in new window