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VISION HOMES ASSOCIATION

Registered charity 1017893 · accounts filings on the Charity Commission register

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Latest income
£3.1m
Latest spending
£3.3m
Registered
1993
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a small deficit of £7,985 for the year ended 31 March 2024, compared to a surplus in the prior year. The trustees consider the current level of unrestricted reserves to be sufficient to meet working capital requirements and continue providing support. The financial viability is reliant almost exclusively on fees received from Local Authorities and Clinical Commissioning Groups.

What the accounts disclose

Reserves policy: three months of expenditure including staff costs (circa. £790k) (held: £983k)
“Vision Homes Association estimates that a sum equivalent to three months of expenditure including staff costs (circa. £790k) in any financial year is required as an unrestricted reserve.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Key management personnel are directly employed by the parent company, New Outlook Housing Association Limited, and a proportion of their employee benefits recharged to Vision Homes Association.
“The total employee benefits of the key management personnel of the charity were £102,344 (2023 £211,021). The key management personnel are directly employed by the parent company, New Outlook Housing Association Limited, and a proportion of their employee benefits recharged to Vision Homes Association.” — page 31
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Ballards LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£3.1m
Total spending
£3.3m
Reserves (reported)
£760k
Employees
117

Reported reserves equal ~2.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Care Quality Commission ratings

CQC inspection ratings for services run by a provider matching this charity’s name (matched by name; verify provider identity on CQC’s site).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bradford City · Herefordshire · Shropshire

Income and spending

Financial year endIncomeSpending
31/03/2025£3.1m£3.3m
31/03/2024£2.9m£2.9m
31/03/2023£2.7m£2.7m
31/03/2022£2.6m£2.5m
31/03/2021£2.6m£2.5m

Common questions

Is VISION HOMES ASSOCIATION financially healthy?

The accounts state that the charity reported a small deficit of £7,985 for the year ended 31 March 2024, compared to a surplus in the prior year. The trustees consider the current level of unrestricted reserves to be sufficient to meet working capital requirements and continue providing support. The financial viability is reliant almost exclusively on fees received from Local Authorities and Clinical Commissioning Groups. Its FY2024 accounts were audited by Ballards LLP.