COASTLINE HOUSING LIMITED
Latest income
£52.1m
Latest spending
£44.7m
Registered
1997
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the Group reported a surplus for the year of £7.4 million, resulting in total reserves increasing to £90.0 million. The Group maintains substantial liquidity of £53 million and has adequate resources to continue in operational existence for at least 12 months. The Board confirms compliance with debt covenants and identifies no material uncertainties regarding going concern.
What the accounts disclose
Highest-paid employee band: £180,001 - £190,000 — in the top quarter for charities its size (median £125k)
“£180,001 to £190,000 1”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Coastline Services Limited (CSL) provided maintenance and technical services to Coastline Housing Limited (CHL).
“The total value of work undertaken by CSL on behalf of CHL during the year was £8,995,707 (2024: £7,024,232). This is removed on consolidation in the Group financial statements. The total balance due to CSL from CHL at 31 March 2025 was £71,328 (2024: £nil). ”
“The total value of work undertaken by CDB on behalf of CHL during the year was £27,852,267 (2024: £34,564,785). This is removed on consolidation in the Group financial statements. The total balance due to CHL from CDB at 31 March 2025 was £345 (2024: £345).” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Coastline Design and Build Limited (CDB) provided design and build services to CHL.
“The total value of work undertaken by CSL on behalf of CHL during the year was £8,995,707 (2024: £7,024,232). This is removed on consolidation in the Group financial statements. The total balance due to CSL from CHL at 31 March 2025 was £71,328 (2024: £nil). ”
“The total value of work undertaken by CDB on behalf of CHL during the year was £27,852,267 (2024: £34,564,785). This is removed on consolidation in the Group financial statements. The total balance due to CHL from CDB at 31 March 2025 was £345 (2024: £345).” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: One Non-Executive Director holds a standard tenancy agreement with the charity.
“The total value of work undertaken by CSL on behalf of CHL during the year was £8,995,707 (2024: £7,024,232). This is removed on consolidation in the Group financial statements. The total balance due to CSL from CHL at 31 March 2025 was £71,328 (2024: £nil). ”
“The total value of work undertaken by CDB on behalf of CHL during the year was £27,852,267 (2024: £34,564,785). This is removed on consolidation in the Group financial statements. The total balance due to CHL from CDB at 31 March 2025 was £345 (2024: £345).” — page 75
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Coastline Services Limited, Coastline Design and Build Limited, Coastline Homes Limited
“It has four wholly-owned subsidiaries and together these companies form Coastline Housing Group (‘the Group’): • Coastline Services Limited (‘CSL’), a building maintenance and grounds contractor; • Coastline Design and Build Limited (‘CDB’), a design and build contractor; • Coastline Homes Limited (‘CHM’), a design, construction and sale of residential housing contractor; and • Coastline Care Limited (‘CCL’), which has remained Dormant throughout 2024/25” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 03284666
- Trading subsidiary: COASTLINE SERVICES LIMITED Companies House 05558027
- Trading subsidiary: COASTLINE DESIGN AND BUILD LIMITED Companies House 09622238
- Trading subsidiary: COASTLINE HOMES LIMITED Companies House 10957677
Leadership, per the charity’s website
- Allister Young — CEO
Structured financials (annual return, FY ending 31/03/2025)
Total income
£52.1m
Total spending
£44.7m
Reserves (reported)
£0
Employees
348
Care Quality Commission ratings
- Miners Court Extra Care: Good
Trustees
- Allister Young
- David Garth Barlow
- Francesca Rhodes
- Gillian Pipkin
- Henry Meacock
- Justin Mark Fisher
- Karen Harris
- Keith Donald Surgenor
- Kelly Marie Kemp
- Marcus Ralling
- Michelle Tucker
- Rebecca Lloyd-King
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52.1m | £44.7m |
| 31/03/2024 | £50.1m | £42.9m |
| 31/03/2023 | £41.8m | £35.6m |
| 31/03/2022 | £46.6m | £37.3m |
| 31/03/2021 | £33.4m | £30.0m |
Common questions
Is COASTLINE HOUSING LIMITED financially healthy?
The accounts state that the Group reported a surplus for the year of £7.4 million, resulting in total reserves increasing to £90.0 million. The Group maintains substantial liquidity of £53 million and has adequate resources to continue in operational existence for at least 12 months. The Board confirms compliance with debt covenants and identifies no material uncertainties regarding going concern. Its FY2025 accounts were audited by PKF Francis Clark.
What does the highest-paid employee of COASTLINE HOUSING LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £180,001 - £190,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NATIONWIDE FOUNDATION | 1 | £145k |
| Bird Song Trust | 1 | £94k |
| TRUST FOR LONDON | 1 | £71k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £46k |
| THE BEATRICE LAING TRUST | 1 | £30k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £11k |
| THE BARROW CADBURY TRUST | 1 | £7k |
| SCHRODER CHARITY TRUST | 1 | £4k |