JIGSAW HOMES TAMESIDE

Charity number: 1146435
Removed charity

Charity overview

Activities - how the charity spends its money

Providing homes or hostels and any associated amenities, services, advice or assistance for persons in necessitous circumstances with the object of relieving poverty and improving the conditions of life for the public benefit.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£81,375,000

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Donations and legacies £0
Charitable activities £77.68m
Other trading activities £0
Investments £0
Other £3.70m

Total expenditure:
£64,525,000

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Raising funds £0
Charitable activities £64.53m
Other £0

£0 investments gains (losses)

Total income includes £1,147,522 from 7 government contract(s) and £2,599,300 from 7 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 £0
Charitable expenditure £64.53m
Retained for future use £16.85m

Fundraising

No information available

Trading

This charity does not have any 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:
  • 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
  • The General Public/mankind
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
Where the charity operates:
  • Oldham
  • Tameside

Governance

Registration history:
  • 16 March 2012: Standard registration
  • 02 April 2025: Removed (Exempt charity)
Organisation type:
Charitable company
Other names:
  • NEW CHARTER HOMES 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
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £79.63m £78.28m £80.46m £82.57m £81.38m
Total expenditure £57.71m £49.11m £56.62m £66.28m £64.53m
Income from government contracts £5.58m £5.05m £4.95m £4.88m £1.15m
Income from government grants £1.08m £2.90m £2.93m £2.77m £2.60m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £71.49m £70.16m £72.65m £74.71m £77.68m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £1.02m £1.34m £2.20m £0 £0
Income - Other £7.12m £6.79m £5.61m £7.87m £3.70m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £57.71m £49.11m £56.62m £66.28m £64.53m
Expenditure - Raising funds £0 £0 £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 £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 £473.19m £472.48m £479.08m £488.55m £495.61m
Long-term investments £0 £0 £0 £465.00k £430.00k
Other assets £44.02m £46.26m £28.64m £18.85m £15.16m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £347.89m £339.49m £323.27m £321.25m £323.32m

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 15 January 2025 On Time
Accounts and TAR 31 March 2024

(These accounts
have been qualified)

15 January 2025 On Time
Annual return 31 March 2023 19 January 2024 On Time
Accounts and TAR 31 March 2023 19 January 2024 On Time
Annual return 31 March 2022 13 January 2023 On Time
Accounts and TAR 31 March 2022 13 January 2023 On Time
Annual return 31 March 2021 20 January 2022 On Time
Accounts and TAR 31 March 2021 20 January 2022 On Time
Annual return 31 March 2020 29 January 2021 On Time
Accounts and TAR 31 March 2020 29 January 2021 On Time
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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 20/12/2011 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 26/09/2013 as amended on 20 Mar 2019 as amended on 27 Jan 2021 as amended on 22 Dec 2021 as amended on 06 Apr 2023 as amended on 05 Sept 2024

Charitable objects

THE COMPANY'S OBJECTS SHALL BE TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE INDUSTRY BUSINESS OR TRADE OF: 1. PROVIDING SOCIAL HOUSING, HOMES OR HOSTELS AND/OR ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 2. PROVIDING FOR PERSON IN NEED THEREOF AND IN PARTICULAR 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/OR ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3 PROVIDING SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS TO PERSONS IN NEED THEREOF AND IN PARTICULAR FOR ELDERLY OR CHRONICALLY SICK PEOPLE OR PEOPLE WITH A DISABILITY (INCLUDING MENTAL, PHYSICAL AND LEARNING OR ASSOCIATED DISABILITIES) IN NEED THEREOF AND/OR PROVIDING ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 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 PRIMARILY OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK OR FOR SIMILAR PERSONS IN NEED THEREOF; 5. THE RELIEF OF POVERTY AMONGST THE RESIDENTS PRIMARILY OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK OR FOR SIMILAR PERSONS IN NEED THEREOF; 6. THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES FOR THE PUBLIC BENEFIT IN THE INTERESTS OF REGENERATION PRIMARILY IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK OR WITHIN OTHER AREAS IN NEED THEREOF; 7. THE CARRYING OUT OF REGENERATION WORK WITH A COMMUNITY BENEFIT DERIVED THEREBY; 8. CARRYING OUT ANY OTHER OBJECT THAT CAN BE CARRIED OUT BY A COMPANY REGISTERED AS A SOCIAL LANDLORD FOR THE BENEFIT OF THE COMMUNITY; 9 THE COMPANY SHALL NOT TRADE FOR PROFIT.