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HERRING HOUSE TRUST (GREAT YARMOUTH)

Registered charity 1057387 · accounts filings on the Charity Commission register · also known as HERRING HOUSE TRUST

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Latest income
£1.1m
Latest spending
£1.1m
Registered
1996
Accounts read
FY2025

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

Reserves policy: three months' cash expenditure (held: £2.0m)
“It is the aim of the committee to maintain sufficient reserves to cover 3 months’ cash expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Spouse of management team member employed as relief support worker
“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
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Lovewell Blake LLP. Discloses 4 of 6 completeness components.

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

Total income
£1.1m
Total spending
£1.1m
Reserves (reported)
£519k
Employees
21

Reported reserves equal ~5.9 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Norfolk

Income and spending

Financial year endIncomeSpending
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?

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.