HIBISCUS HOUSING PROJECT

Registered charity 1074024 · accounts filings on the Charity Commission register

To provide housing and support for elderly people primarily but not exclusively of African & Caribbean origin in Newham to enable them to live as independently as possible and to organise activities such as Keep Fit, Healthy eating, Computer use, Tai-chi, Soft furnishings, for both resident and non-resident service users to mitigate loneliness and isolation.

Objects

THE OBJECTS FOR WHICH THE PROJECT IS ESTABLISHED ARE FOR THE RELIEF OF FRAIL ELDERLY PEOPLE IN NEED BY PROVIDING AND ASSISTING IN THE PROVISION OF HOUSING AND OTHER ACCOMMODATION AND OTHER ASSISTANCE FOR SUCH PEOPLE AND IN SO DOING:- (1) TO PROVIDE HIGH STANDARD SELF-CONTAINED ACCOMMODATION FOR FRAIL ELDERLY PEOPLE PARTICULARLY THOSE OF CARIBBEAN AND AFRICAN ORIGIN WHO LIVE OR WORK IN THE LONDON BOROUGH OF NEWHAM; (11) TO PROVIDE HOUSING AND SUPPORT COMMENSURATE WITH THE INDIVIDUAL NEEDS OF FRAIL ELDERLY PEOPLE PARTICULARLY THOSE OF CARIBBEAN AND AFRICAN ORIGIN TO ENABLE THEM TO LIVE AS INDEPENDENTLY AS POSSIBLE; AND (111) TO PROVIDE HOME-FROM-HOME FACILITIES IN A CULTURALLY SENSITIVE ENVIRONMENT AND ENABLE EACH TENANT TO LIVE IN HIS OR HER HOME FOR AS LONG AS THEY WANT, EVEN IF THEIR NEEDS CHANGE AND THEIR CARE REQUIREMENTS INCREASE.

Area of benefit: LONDON BOROUGH OF NEWHAM

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · Accommodation/housing · Arts/culture/heritage/science · Get email alerts

Latest income
£225k
Latest spending
£215k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £41,693, which the trustees consider sufficient to meet contingencies and day-to-day capital requirements. The charity faces financial pressure from rising rent charges by its landlord, L&Q, which has resulted in a reduction of reserves, though the organization remains solvent with net assets of £61,693.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Rental income (100% of income)
“Income for the year was £224,708 on account derived almost exclusively from rental income.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: maintain or increase the level of its general fund for the purpose of day to day capital requirements and for meeting unexpected shortfalls in income and/or increases in expenditure (held: £42k)
“The management committee have designated reserves to represent funds immobilised as tangible assets and to meet contingencies not likely to be funded by anticipated income. The organisation also aims to maintain or increase the level of its general fund for the purpose of day to day capital requirements and for meeting unexpected shortfalls in income and/or increases in expenditure.” — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

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

Operates in: Newham

Income and spending

Financial year endIncomeSpending
31/03/2025£225k£215k
31/03/2024£198k£191k
31/03/2023£192k£200k
31/03/2022£181k£191k
31/03/2021£172k£181k

Common questions

Is HIBISCUS HOUSING PROJECT financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £41,693, which the trustees consider sufficient to meet contingencies and day-to-day capital requirements. The charity faces financial pressure from rising rent charges by its landlord, L&Q, which has resulted in a reduction of reserves, though the organization remains solvent with net assets of £61,693. Its FY2025 accounts were independently examined.