QUOTHQUAN HOMES
Providing good quality, affordable accommodation suitable for their tenants' needs in Sutton Coldfield, West Midlands.
Objects
1.1 TO ADVANCE THE CHRISTIAN FAITH, AND1.2 AS AN EXPRESSION OF CHRISTIAN WITNESS, LOVE AND CONCERN:-1.2.1 TO PROVIDE HOUSES, HOSTELS OR ANY OTHER HOUSING ACCOMMODATION AND ANY ASSOCIATED AMENITIES, SERVICES, ADVICE OR ASSISTANCE FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS,1.2.2 TO PROVIDE HOUSES, HOSTELS, OR ANY OTHER HOUSING ACCOMMODATION AND ANY ASSOCIATED AMENITIES, SERVICES, ADVICE OR ASSISTANCE FOR ANY OTHER PERSONS FOR WHOM IT WOULD BE CHARITABLE TO PROVIDE HOUSES, HOSTELS OR OTHER OR OTHER HOUSING ACCOMMODATION,1.2.3 TO PROVIDE AND/OR SUPPORT FACILITIES IN THE INTERESTS OF SOCIAL WELFARE OR RECREATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE LOCAL COMMUNITY,1.2.4 TO RELIEVE THE AGED, THE POOR, THE SICK AND THOSE IN CONDITIONS OF NEED, HARDSHIP AND DISTRESS, AND1.2.5 TO PROVIDE AND/OR SUPPORT THE TRAINING AND PASTORAL CARE PARTICULARLY OF YOUNG PERSONS.
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves total £840,044, with £142,758 held as free reserves. The trustees consider these levels satisfactory given financial support from the Quothquan Trust. The charity reports a net surplus of £48,750 for the year ended 31 December 2024.
What the accounts disclose
“It was always the expectation of the trustees that, having paid interest and other costs, there would be very few free reserves for many years.”
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £141k | £92k |
| 31/12/2023 | £124k | £74k |
| 31/12/2022 | £110k | £54k |
| 31/12/2021 | £119k | £82k |
| 31/12/2020 | £118k | £64k |
Common questions
Is QUOTHQUAN HOMES financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves total £840,044, with £142,758 held as free reserves. The trustees consider these levels satisfactory given financial support from the Quothquan Trust. The charity reports a net surplus of £48,750 for the year ended 31 December 2024. Its FY2024 accounts were independently examined.