Magenta Living

Charity number: 1106969
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

To provide social housing to those who are unable to meet their own housing costs in the open market.

Income and expenditure

Data for financial year ending 31 March 2024

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.

Fundraising

No information available

Trading

One or more trustees are also directors of the 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:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
  • Economic/community Development/employment
Who the charity helps:
  • Elderly/old People
  • People With Disabilities
  • 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
Where the charity operates:
  • Cheshire West & Chester
  • Wirral

Governance

Registration history:
  • 24 November 2004: Standard registration
Organisation type:
Charitable company
Other names:
  • MAGENTA LIVING (Working name)
  • WIRRAL PARTNERSHIP HOMES (Working name)
  • WPH (Working name)
  • WIRRAL PARTNERSHIP HOMES LIMITED (Previous name)
Company number:
Gift aid:
Not recognised by HMRC for gift aid
Other regulators:
  • Homes England
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
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

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Gerard Lucas Chair 23 September 2021
None on record
Robert Patrick Nelson Chapman Trustee 10 October 2024
None on record
Helen Mary O'Doherty Trustee 10 October 2024
None on record
Rachel Elizabeth Barber Trustee 10 October 2024
None on record
Paul Andrew Richards Trustee 10 October 2024
None on record
Stephen Robert Allcock Trustee 14 November 2022
None on record
Michael Lee Riley Trustee 14 November 2022
None on record
Liam Garth Christey Kelly Trustee 01 April 2021
None on record
Myles Jonathan Edwards Trustee 01 April 2021
AGE CONCERN WIRRAL
Received: On time
Ann-Louise Gilmore Trustee 12 November 2020
None on record

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 £65.73m £69.59m £73.90m £69.60m £77.22m
Total expenditure £61.99m £59.59m £63.37m £70.52m £72.29m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £6.40m £2.40m £2.84m £2.42m £4.41m
Income - Donations and legacies £0 £0 £0 £0 £0
Income - Other trading activities £507.00k £2.42m £1.81m £1.84m £4.39m
Income - Charitable activities £60.54m £62.38m £63.49m £66.31m £71.68m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £0 £0 £0 £0 £0
Income - Other £4.68m £4.79m £8.60m £1.46m £1.15m
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £61.38m £59.04m £62.88m £69.94m £70.86m
Expenditure - Raising funds £16.00k £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 £585.00k £550.00k £491.00k £576.00k £1.43m

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 £229.34m £232.74m £236.10m £249.91m £272.34m
Long-term investments £0 £669.00k £620.00k £660.00k £90.00k
Other assets £27.32m £26.53m £34.89m £24.91m £17.72m
Defined benefit pension scheme asset or liability £20.98m -£31.54m -£23.33m £6.92m £6.61m
Total liabilities £120.17m £116.43m £132.38m £133.34m £145.18m

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 29 January 2025 On Time
Accounts and TAR 31 March 2024 29 January 2025 On Time Download Open in new window
Annual return 31 March 2023 30 January 2024 On Time
Accounts and TAR 31 March 2023 30 January 2024 On Time Download Open in new window
Annual return 31 March 2022 22 December 2022 On Time
Accounts and TAR 31 March 2022 22 December 2022 On Time Download Open in new window
Annual return 31 March 2021 31 January 2022 On Time
Accounts and TAR 31 March 2021 31 January 2022 On Time Download Open in new window
Annual return 31 March 2020 25 January 2021 On Time
Accounts and TAR 31 March 2020 25 January 2021 On Time Download Open in new window
Submit annual return Open in new window

Contact information

Address:
Magenta Living
Partnership Building
Hamilton Street
Birkenhead
CH41 5AA
Phone:
0800 100 9596