TEIGN HOUSING
Financial health, per its FY2025 accounts
The accounts state that the Group made a deficit of £429,000 for the year, primarily due to a £2.7 million provision for fire safety remedial work. Despite this deficit, the organization holds unrestricted reserves of £69.2 million and maintains a strong borrowing capacity with significant undrawn facilities, indicating continued financial viability.
What the accounts disclose
“The Board is committed to and complies with the standards in the Code; however, there has been one exception this year. The Chair of the Board has served just over 9 years, which is over the prescribed nine-year maximum.” — page 5
“The organisation has a wholly owned subsidiary, Templer HomeBuild Limited. Its purpose is to provide property maintenance and construction services to the social housing sector.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Anne Marie Henderson
- George Dexter
- Joanna Davoile
- Rebecca Harwood Lincoln
- Richard David Gammage
- Richard Plumb
- Sean Gavin Palka
- Stephen Higginson
- Stuart Davies
- Thomas Woodman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £25.8m | £23.8m |
| 31/03/2024 | £24.8m | £22.2m |
| 31/03/2023 | £21.4m | £19.0m |
| 31/03/2022 | £20.7m | £22.4m |
| 31/03/2021 | £20.1m | £16.8m |
Common questions
Is TEIGN HOUSING financially healthy?
The accounts state that the Group made a deficit of £429,000 for the year, primarily due to a £2.7 million provision for fire safety remedial work. Despite this deficit, the organization holds unrestricted reserves of £69.2 million and maintains a strong borrowing capacity with significant undrawn facilities, indicating continued financial viability. Its FY2025 accounts were audited by Beever and Struthers.