HERRING HOUSE TRUST (GREAT YARMOUTH)
To provide emergency accommodation and resettlement support to single homeless people in Great Yarmouth
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £58,518 for the year ended 31 March 2025, with total unrestricted reserves standing at £2,006,855. The trustees consider these reserves to be approximately six months' expenditure, which exceeds their stated policy target of covering three months' cash expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“Turnover represents rental and service charges income receivable in the year net of rent and service charge losses from voids.” — page 19
“It is the aim of the committee to maintain sufficient reserves to cover 3 months’ cash expenditure.”
“During the year ended 31 March 2024 the spouse of a member of the management team received remuneration as a relief support worker. Their appointment was made in open competition and the member of the management team was not involved in the decision making process regarding their appointment.” — page 31
Funders the charity credits
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- COLIN BEALESchair
- Anthony Grier
- BRYAN ROBINSON
- Caroline Louise Burgess
- DENNIS COOPER
- John Shrimpton
- Michael Drewery
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.1m |
| 31/03/2024 | £1.1m | £993k |
| 31/03/2023 | £949k | £861k |
| 31/03/2022 | £964k | £868k |
| 31/03/2021 | £956k | £867k |
Common questions
Is HERRING HOUSE TRUST (GREAT YARMOUTH) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £58,518 for the year ended 31 March 2025, with total unrestricted reserves standing at £2,006,855. The trustees consider these reserves to be approximately six months' expenditure, which exceeds their stated policy target of covering three months' cash expenditure. The auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Lovewell Blake LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE LIZ AND TERRY BRAMALL FOUNDATION | 1 | £200k |
| NORFOLK COMMUNITY FOUNDATION | 1 | £101k |
| THE HEADLEY TRUST | 1 | £65k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £62k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £60k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £60k |
| THE PILGRIM TRUST | 1 | £30k |
| THE DULVERTON TRUST | 1 | £22k |
Charities like this
- ST MARTINS HOUSING TRUST
- GREAT YARMOUTH PRESERVATION TRUST
- YMCA WEARSIDE LTD
- GRIMSBY CLEETHORPES AND HUMBER REGION YMCA
- THE GREAT YARMOUTH PATHWAY
- SALISBURY TRUST FOR THE HOMELESS LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HERRING HOUSE TRUST (GREAT YARMOUTH) | £1.1m | — | — | above | — | no doubt |
| ST MARTINS HOUSING TRUST | £10.6m | £70,001 - £80,000 | 3 | unclear | — | no doubt |
| GREAT YARMOUTH PRESERVATION TRUST | £486k | — | 0 | unclear | — | no doubt |
| YMCA WEARSIDE LTD | £2.0m | — | 0 | unclear | — | no doubt |
| GRIMSBY CLEETHORPES AND HUMBER REGION YMCA | £3.2m | — | 0 | unclear | — | no doubt |
| THE GREAT YARMOUTH PATHWAY | £208k | — | 0 | unclear | — | no doubt |