SW9 COMMUNITY HOUSING

Charity number: 1170586
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity provides for the benefit of the community in the Stockwell Park area, property management and maintenance services and associated amenities for persons in necessitous circumstances including the aged. The charity also provides activities seeking to prevent and/or relieve poverty and provides recreational and leisure time facilities with the object of improving conditions of life.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£11,520,000

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Donations and legacies £0
Charitable activities £11.52m
Other trading activities £0
Investments £1.00k
Other £0

Total expenditure:
£12,506,000

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Raising funds £0
Charitable activities £12.51m
Other £0

£0 investments gains (losses)

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 £12.51m

People

44 Employee(s)

11 Trustee(s)

2500 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1
£70k to £80k 2
£100k to £110k 1
£120k to £130k 1

Fundraising

No information available

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:
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Recreation
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Other Charitable Activities
Where the charity operates:
  • Lambeth

Governance

Registration history:
  • 06 December 2016: Standard registration
Organisation type:
Charitable company
Other names:

No other names

Company number:
09574528 Open in new window
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Conflicting interests
  • Paying staff
  • Risk management
  • Safeguarding vulnerable beneficiaries
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

11 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Tazeem Zahra Abbas Chair 08 July 2021
None on record
James Peter Atlee Hunt Trustee 07 January 2025
None on record
Maysel Yankey Trustee 05 January 2025
None on record
Mercedes Ekanem Trustee 11 December 2024
None on record
Michael Ross Heilbronn Trustee 04 December 2024
None on record
Aniko Ajozi Trustee 04 December 2024
None on record
James Andrew Bryan Trustee 30 May 2023
None on record
James Paul Knoll-Pollard Trustee 24 May 2022
None on record
Steven Paul Warren Trustee 21 March 2017
None on record
Andrew Sternberg Trustee 20 March 2017
None on record
Adebayo Vincent Ajibade Trustee 16 March 2017
Christ Apostolic Church - House of Glory Mission International
Received: On time

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 £8.03m £8.68m £9.47m £10.95m £11.52m
Total expenditure £7.94m £8.30m £9.26m £10.87m £12.51m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A 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 £8.03m £8.68m £9.27m £10.95m £11.52m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £2.00k £0 £0 £1.00k £1.00k
Income - Other £0 £0 £201.00k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £7.94m £8.30m £9.26m £10.87m £12.51m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £139.00k £0 £85.00k £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 £0 £0 £0 £0 £7.00k
Long-term investments £0 £0 £0 £0 £0
Other assets £3.91m £4.65m £3.09m £2.51m £2.75m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £3.14m £3.51m £1.74m £1.09m £2.32m

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 05 December 2024 On Time
Accounts and TAR 31 March 2024 05 December 2024 On Time Download Open in new window
Annual return 31 March 2023 28 November 2023 On Time
Accounts and TAR 31 March 2023 28 November 2023 On Time Download Open in new window
Annual return 31 March 2022 15 November 2022 On Time
Accounts and TAR 31 March 2022 15 November 2022 On Time Download Open in new window
Annual return 31 March 2021 13 January 2022 On Time
Accounts and TAR 31 March 2021 13 January 2022 On Time Download Open in new window
Annual return 31 March 2020 31 January 2021 On Time
Accounts and TAR 31 March 2020 31 January 2021 On Time Download Open in new window
Submit annual return Open in new window

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 05 MAY 2015 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 15 AUG 2015 as amended on 23 Jun 2020

Charitable objects

THE COMPANY'S OBJECTS ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING:- 3.1 TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY IN THE AREA OF BENEFIT THE BUSINESS OF PROVIDING AND MANAGING HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 3.2 PROVIDING FOR AGED PERSONS IN THE NEED THEREOF IN THE AREA OF BENEFIT ANY HOUSING AND ASSOCIATED AMENITIES ESPECIALLY DESIGNED OR ADOPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3.3 THE PREVENTION AND/OR RELIEF OF POVERTY IN THE AREA OF BENEFIT AND SURROUNDING AREAS; AND 3.4 THE PROVISION OF COMMUNITY RECREATIONAL AND LEISURE TIME FACILITIES IN THE AREA OF BENEFIT AND SURROUNDING AREAS TO THOSE WHO ARE IN NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY, DISABILITY, POVERTY OR SOCIAL ECONOMIC CIRCUMSTANCES, WITH THE OBJECT OF IMPROVING THEIR CONDITIONS OF LIFE. 3.5 EQUAL OPPORTUNITIES IN THE FURTHERANCE OF THE OBJECTS THE COMPANY SHALL AT ALL TIMES ACTIVELY PROMOTE AND TAKE INTO CONSIDERATION THE PRINCIPLES OF EQUALITY OF OPPORTUNITY.

Contact information

Address:
SW9 COMMUNITY HOUSING
6 Stockwell Park Walk
LONDON
SW9 0FG
Phone:
02073263700
Email:
No information available
Website:

www.sw9.org.uk Open in new window