CONNEXUS HOUSING TWO LIMITED

Charity number: 1105907
Removed charity

Charity overview

Activities - how the charity spends its money

HOUSING AND ASSOCIATED AMENITIES AND SERVICES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES. HOUSING AND ANY ASSOCIATED AMENITIES AND SERVICES SPECIFICALLY DESIGNED OR ADAPTED FOR AGED PERSONS IN NEED. RECREATIONAL OR OTHER LEISURE FACILITIES TO IMPROVE QUALITY OF LIFE. RELIEF OF POVERTY. PROVISION OF OTHER PUBLIC AMENITIES.

Income and expenditure

Data for financial year ending 31 March 2019

Total income:
£33,218,000

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Donations and legacies £0
Charitable activities £25.86m
Other trading activities £0
Investments £0
Other £7.36m

Total expenditure:
£27,185,000

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Raising funds £0
Charitable activities £27.19m
Other £0

£0 investments gains (losses)

Total income includes £351,900 from 2 government contract(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 £0
Charitable expenditure £27.19m
Retained for future use £6.03m

Fundraising

This charity does not raise funds from the public

Trading

This charity has one or more trading 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:
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Herefordshire

Governance

Registration history:
  • 16 September 2004: Standard registration
  • 23 April 2020: Removed (Exempt charity)
Organisation type:
Charitable company
Other names:
  • HEREFORDSHIRE HOUSING (Working name)
  • HEREFORDSHIRE HOUSING LIMITED (Previous name)
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 31/03/2015 31/03/2016 31/03/2017 31/03/2018 31/03/2019
Total gross income £27.27m £29.74m £30.35m £29.87m £33.22m
Total expenditure £18.02m £22.20m £21.78m £22.81m £27.19m
Income from government contracts £0 £866.10k £0 £567.60k £351.90k
Income from government grants £236.89k £0 £0 N/A N/A
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £27.27m £28.67m £28.97m £26.87m £25.86m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £4.00k £61.00k £33.00k £0 £0
Income - Other £0 £1.00m £1.35m £3.00m £7.36m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £17.44m £22.20m £21.78m £22.81m £27.19m
Expenditure - Raising funds N/A £0 £0 £0 £0
Expenditure - Governance £316.23k £290.72k £279.56k £0 £0
Expenditure - Grants institution £37.59k £64.53k £6.50k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £1.19m £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 31/03/2015 31/03/2016 31/03/2017 31/03/2018 31/03/2019
Own use assets £95.82m £109.02m £119.94m £131.54m £146.57m
Long-term investments £13.00k £13.00k £13.00k £13.00k £13.00k
Other assets £5.40m £21.11m £23.12m £35.88m £45.46m
Defined benefit pension scheme asset or liability -£7.22m -£7.10m -£8.58m -£7.65m -£11.10m
Total liabilities £77.90m £98.98m £102.90m £119.31m £136.65m

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 2020 Not submitted
Accounts and TAR 31 March 2020 Not submitted
Annual return 31 March 2019 28 January 2020 On Time
Accounts and TAR 31 March 2019 28 January 2020 On Time
Annual return 31 March 2018 11 January 2019 On Time
Accounts and TAR 31 March 2018 11 January 2019 On Time
Annual return 31 March 2017 31 January 2018 On Time
Accounts and TAR 31 March 2017 31 January 2018 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 & ARTICLES OF ASSOCIATION INCORPORATED 22/05/01, AMENDED BY RESOLUTION ON 16/04/02, 18/10/02, 03/09/03, 27/07/04, 24/06/08, 10/12/09 & CERTIFICATE OF INCORPORATION OF CHANGE OF NAME 26/06/01. NOW ARTICLES OF ASSOCIATION ADOPTED 01/11/10. MEMORANDUM AND ARTICLES AS AMENDED BY RESOLUTION ACCEPTED AT COMPANIES HOUSE. 30/05/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 27 JUL 2017 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 15 OCT 2019

Charitable objects

A2 THE ASSOCIATION IS FORMED FOR THE BENEFIT OF THE COMMUNITY. ITS CHARITABLE OBJECTS SHALL BE TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY: A2.1 THE BUSINESS OF PROVIDING AND MANAGING HOUSING, INCLUDING SOCIAL HOUSING, AND PROVIDING ASSISTANCE TO HELP HOUSE PEOPLE AND ASSOCIATED FACILITIES, AMENITIES AND SERVICES FOR POOR PEOPLE OR FOR THE RELIEF OF AGED, DISABLED (WHETHER PHYSICALLY OR MENTALLY) OR CHRONICALLY SICK PEOPLE; A2.2 ANY OTHER CHARITABLE OBJECT THAT CAN BE CARRIED OUT FROM TIME TO TIME BY A REGISTERED SOCIETY REGISTERED AS A PROVIDER OF SOCIAL HOUSING WITH THE REGULATOR.

Area of benefit

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

NOT DEFINED. IN PRACTICE HEREFORDSHIRE.