FORWARD HOUSING
Financial health, per its FY2025 accounts
The accounts state that the charity reported an overall surplus of £1.2m for the year ended 31 March 2025, driven by gains on property sales and revaluations, despite a loss on charitable activities. Per the trustees' report, unrestricted reserves stood at £6.3m, with the charity relying on intra-group support and a transformation plan to maintain financial sustainability.
What the accounts disclose
“Instead, trustees have determined that they should either maintain, or have access to, sufficient working capital to allow the charity to continue to be managed and to deliver its overall charitable purposes by being able to sustain six months of relevant costs.” — page 25
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- JEAN CURD
- John Smith
- Joshua Prince
- Lorna Havard Weston
- Matthew Smith
- Rebecca Mary Silvester
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.5m | £3.0m |
| 31/03/2024 | £2.2m | £2.4m |
| 31/03/2023 | £1.9m | £2.3m |
| 31/03/2022 | £1.7m | £2.0m |
| 31/03/2021 | £2.1m | £1.9m |
Common questions
Is FORWARD HOUSING financially healthy?
The accounts state that the charity reported an overall surplus of £1.2m for the year ended 31 March 2025, driven by gains on property sales and revaluations, despite a loss on charitable activities. Per the trustees' report, unrestricted reserves stood at £6.3m, with the charity relying on intra-group support and a transformation plan to maintain financial sustainability. Its FY2025 accounts were audited by Sayer Vincent LLP.