ONGO HOMES LIMITED

Charity number: 1117952
Removed charity

Charity overview

Activities - how the charity spends its money

PROVISION OF SOCIAL HOUSING NEEDS

Income and expenditure

Data for financial year ending 31 March 2016

Total income:
£47,137,360

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Donations and legacies £0
Charitable activities £46.43m
Other trading activities £0
Investments £605.81k
Other £97.30k

Total expenditure:
£35,683,573

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Raising funds £0
Charitable activities £35.68m
Other £0

£0 investments gains (losses)

Total income includes £446,887 from government contract(s) and £1,677,547 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 £35.68m
Retained for future use £11.45m

Fundraising

This charity does not raise funds from the public

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

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 Defined Groups
How the charity helps:
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Doncaster
  • North Lincolnshire

Governance

Registration history:
  • 13 February 2007: Standard registration
  • 09 October 2017: Removed (Transferred to exempt chy)
Organisation type:
Charitable company
Other names:
  • NORTH LINCOLNSHIRE HOMES LIMITED (Previous name)
Gift aid:
No information available
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
  • Volunteer management
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 £34.39k £36.34k £39.81m £42.87m £47.14m
Total expenditure £36.05k £28.22k £33.21m £32.75m £35.68m
Income from government contracts N/A N/A N/A £518.00k £446.89k
Income from government grants N/A N/A N/A £2.14m £1.68m
Income - Donations and legacies N/A N/A £0 £0 £0
Income - Other trading activities N/A N/A £0 £0 £0
Income - Charitable activities N/A N/A £39.81m £41.87m £46.43m
Income - Endowments N/A N/A £0 £0 £0
Income - Investment N/A N/A £0 £28.00k £605.81k
Income - Other N/A N/A £0 £978.00k £97.30k
Income - Legacies N/A N/A £0 £0 £0
Expenditure - Charitable activities N/A N/A £33.14m £32.72m £35.68m
Expenditure - Raising funds N/A N/A N/A N/A £0
Expenditure - Governance N/A N/A £64.93k £35.15k £68.01k
Expenditure - Grants institution N/A N/A £380.61k £0 £585.48k
Expenditure - Investment management N/A N/A £0 £0 £0
Expenditure - Other N/A N/A £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 N/A N/A £103.00m £108.31m £157.05m
Long-term investments N/A N/A £0 £0 £0
Other assets N/A N/A £7.16m £10.56m £21.06m
Defined benefit pension scheme asset or liability N/A N/A -£6.59m -£13.17m -£2.90m
Total liabilities N/A N/A £76.09m £75.23m £118.25m

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 17 January 2018 On Time
Annual return 31 March 2016 12 December 2016 On Time
Accounts and TAR 31 March 2016

(These accounts
have been qualified)

12 December 2016 On Time
Annual return 31 March 2015 09 December 2015 On Time
Accounts and TAR 31 March 2015

(These accounts
have been qualified)

09 December 2015 On Time
Annual return 31 March 2014 13 January 2015 On Time
Accounts and TAR 31 March 2014 13 January 2015 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 INCORPORATED 28/04/2005 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16/01/2007 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 17/07/2012 NOW ARTICLES ADOPTED BY SPECIAL RESOLUTION DATED 01/07/2013 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 11/03/2015 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 04/01/2016

Charitable objects

5. THE OBJECTS OF THE COMPANY SHALL BE: 5.1 TO PROVIDE SOCIAL HOUSING, HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES AND SERVICES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 5.2 TO PROVIDE FOR AGED, DISABLED OR CHRONICALLY SICK PERSONS IN NEED THEREOF SOCIAL HOUSING, HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES AND SERVICES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 5.3 TO 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; 5.4 TO 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 AND NEIGHBOURING AREAS; 5.5 TO RELIEVE POVERTY AMONGST THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES STOCK AND NEIGHBOURING AREAS; 5.6 THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; 5.7 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: 5.7.1 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, 5.7.2 THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS, 5.7.3 THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES, 5.7.4 THE PRESERVATION OF BUILDINGS OF SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE, 5.7.5 THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT, 5.7.6 THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE, 5.7.7 THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME, 5.7.8 SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSION FOR ENGLAND AND WALES, 5.8 PROMOTE PUBLIC SAFETY AND PREVENT CRIME.

Area of benefit

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

NOT DEFINED.