KNOWSLEY HOUSING TRUST

Charity number: 1103644
Removed charity

Charity overview

Activities - how the charity spends its money

Provision of Social Housing

Income and expenditure

Data for financial year ending 31 March 2018

Total income:
£64,489,000

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Donations and legacies £0
Charitable activities £61.21m
Other trading activities £3.23m
Investments £51.00k
Other £0

Total expenditure:
£55,499,000

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Raising funds £0
Charitable activities £47.32m
Other £8.18m

£0 investments gains (losses)

Total income includes £973,000 from 3 government contract(s) and £3,940,964 from 112 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.

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Raising funds and other expenditure £8.18m
Charitable expenditure £47.32m
Retained for future use £8.99m

Fundraising

This charity does not raise funds from the public

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:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • People Of A Particular Ethnic Or Racial Origin
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Knowsley

Governance

Registration history:
  • 07 May 2004: Standard registration
  • 06 February 2019: Removed (Transferred to exempt chy)
Organisation type:
Charitable company
Other names:

No other names

Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Total gross income £57.30m £61.58m £64.56m £65.62m £65.79m
Total expenditure £5.23m £57.41m £68.49m £56.88m £55.50m
Income from government contracts N/A £285.00k £402.35k £878.41k £973.00k
Income from government grants N/A £4.56m £958.00k £737.00k £3.94m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £3.23m
Income - Charitable activities £57.30m £61.58m £64.48m £62.10m £61.21m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £51.00k
Income - Other £2.00k £3.00k £73.00k £3.52m £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £52.29m £50.72m £49.35m £42.16m £47.32m
Expenditure - Raising funds N/A N/A £0 £0 £0
Expenditure - Governance £0 £0 £0 £0 £0
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £6.48m £6.69m £19.15m £8.44m £8.18m

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 31/03/2014 31/03/2015 31/03/2016 31/03/2017 31/03/2018
Own use assets £193.09m £197.81m £225.68m £229.29m £231.53m
Long-term investments £0 £0 £0 £0 £0
Other assets £7.05m £6.66m £11.01m £15.28m £23.73m
Defined benefit pension scheme asset or liability -£7.10m -£17.68m -£2.08m -£2.41m -£2.27m
Total liabilities £171.24m £171.93m £223.44m £222.24m £222.77m

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 2018 31 January 2019 On Time
Accounts and TAR 31 March 2018 31 January 2019 On Time
Annual return 31 March 2017 26 January 2018 On Time
Accounts and TAR 31 March 2017 26 January 2018 On Time
Annual return 31 March 2016 25 January 2017 On Time
Accounts and TAR 31 March 2016

(These accounts
have been qualified)

25 January 2017 On Time
Annual return 31 March 2015 08 January 2016 On Time
Accounts and TAR 31 March 2015 08 January 2016 On Time

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 DATED 12 DECEMBER 2001, AS AMENDED BY SPECIAL RESOLUTIONS DATED 20 JUN 2002, 23 APR 2004, 5 JUL 2005 AND 1 NOV 2010. COMPANIES HOUSE REGISTERED AN AMENDMENT OF OBJECTS ON 8 NOV 2010 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 13 SEP 2016

Charitable objects

3.1. THE OBJECTS OF THE COMPANY SHALL BE PRIMARILY IN THE BENEFIT AREA TO: 3.1.1. PROVIDE SOCIAL HOUSING, HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES AND SERVICES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 3.1.2. PROVIDE FOR AGED, DISABLED OR CHRONICALLY SICK PERSONS IN NEED THEREOF HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES AND SERVICES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3.1.3. 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; 3.1.4. 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 AREAS IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK AND NEIGHBOURING AREAS; 3.1.5. RELIEVE POVERTY AMONGST THE RESIDENTS OF THE AREAS IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK AND NEIGHBOURING AREAS; 3.1.6. THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; 3.2. THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION (AND IN PARTICULAR IN AREAS IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK) BY ALL OR ANY OF THE FOLLOWING MEANS: 3.2.1. THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: A) IN SETTING UP THEIR OWN BUSINESS; OR B) TO EXISTING BUSINESSES; 3.2.2. THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS, AND/OR LAND FOR USE ON FAVOURABLE TERMS; 3.2.3. THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES; 3.2.4. THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE; 3.2.5. THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT; 3.2.6. THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE; 3.2.7. THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME; AND 3.2.8. SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE REGULATOR AND THE CHARITY COMMISSION FOR ENGLAND AND WALES.

Area of benefit

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

PRIMARILY KNOWSLEY AND THE SURROUNDING NEIGHBOURHOOD