ERIMUS HOUSING LIMITED

Charity number: 1106102
Removed charity

Charity overview

Activities - how the charity spends its money

Provide Housing and related services to Erimus Housing tenants and other tenants within Thirteen Group Work with the local community Work with elderly and people with disabilities Carry out regeneration work Provision of new housing for social rent Repairs, maintenance and building services across Thirteen Group Education of children on ASB

Income and expenditure

Data for financial year ending 31 March 2016

Total income:
£53,478,000

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Donations and legacies £0
Charitable activities £0
Other trading activities £0
Investments £0
Other £53.48m

Total expenditure:
£39,112,000

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Raising funds £0
Charitable activities £39.11m
Other £0

£0 investments gains (losses)

Total income includes £982,623 from government contract(s) and £599,019 from 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 £39.11m
Retained for future use £14.37m

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 and/or benefits from the charity for being a trustee

What, who, how, where

What the charity does:
  • General Charitable Purposes
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Environment/conservation/heritage
  • Economic/community Development/employment
  • Armed Forces/emergency Service Efficiency
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Human Resources
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
  • Acts As An Umbrella Or Resource Body
  • Other Charitable Activities
Where the charity operates:
  • Darlington
  • Durham
  • Gateshead
  • Hartlepool
  • Middlesbrough
  • Newcastle Upon Tyne City
  • North Yorkshire
  • Redcar And Cleveland
  • Stockton-on-tees
  • Sunderland

Governance

Registration history:
  • 29 September 2004: Standard registration
  • 05 December 2017: Removed (Exempt charity)
Organisation type:
Charitable company
Other names:
  • ERIMUS HOUSING (Working name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
No information available

Financial history

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Financial period end date

Income / Expenditure 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Total gross income £43.94m £48.79m £52.66m £54.52m £53.48m
Total expenditure £37.13m £40.79m £39.77m £40.82m £39.11m
Income from government contracts N/A N/A N/A £1.02m £982.62k
Income from government grants N/A N/A N/A £2.92m £599.02k
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £43.94m £48.79m £52.66m £54.52m £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £0 £0 £0 £0 £53.48m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £37.13m £40.79m £39.77m £40.82m £39.11m
Expenditure - Raising funds N/A N/A N/A N/A £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 £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 31/03/2012 31/03/2013 31/03/2014 31/03/2015 31/03/2016
Own use assets £265.21m £287.86m £333.47m £347.39m £339.12m
Long-term investments £0 £0 £0 £294.00k £342.00k
Other assets £11.30m £41.59m £12.47m £17.48m £31.04m
Defined benefit pension scheme asset or liability -£11.54m -£9.84m -£8.09m -£11.69m -£12.77m
Total liabilities £90.98m £122.35m £122.07m £121.05m £125.37m

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 2017 Not submitted
Accounts and TAR 31 March 2017

(These accounts
have been qualified)

12 January 2018 On Time
Annual return 31 March 2016 06 January 2017 On Time
Accounts and TAR 31 March 2016 30 September 2016 On Time
Annual return 31 March 2015 07 January 2016 On Time
Accounts and TAR 31 March 2015 01 October 2015 On Time
Annual return 31 March 2014 12 January 2015 On Time
Accounts and TAR 31 March 2014 02 October 2014 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 OF ASSOCIATION INCORPORATED ON 17 DEC 2002 AS AMENDED BY SPECIAL RESOLUTION DATED 16 SEPT 2004, 6 MAR 2008 AND 14 SEPT 2010

Charitable objects

4. THE COMPANY'S OBJECTS SHALL BE TO CARRY ON THE INDUSTRY BUSINESS OR TRADE OF:- (4.1) PROVIDING HOUSES OR HOSTELS AND ANY OTHER ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; (4.2) PROVIDING FOR ELDERLY OR CHRONICALLY SICK PEOPLE OR PEOPLE WITH A DISABILITY (INCLUDING MENTAL, PHYSICAL AND LEARNING OR ASSOCIATED DISABILITIES) IN NEED THEREOF HOMES OR HOSTELS AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; (4.3) PROVIDING SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS TO ELDERLY OR CHRONICALLY SICK PEOPLE OR PEOPLE WITH A DISABILITY (INCLUDING MENTAL, PHYSICAL AND LEARNING OR ASSOCIATED DISABILITIES) IN NEED THEREOF AND AND PROVIDING ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; (4.4) THE PROVISION OF 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; (4.5) THE RELIEF OF POVERTY AMONGST THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK; (4.6) THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; (4.7) THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES FOR THE PUBLIC BENEFIT IN THE INTEREST OF REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK. THE COMPANY SHALL NOT TRADE FOR PROFIT.

Area of benefit

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

NOT DEFINED. IN PRACTICE IN MIDDLESBROUGH.