Charity Accounts Intelreading the accounts so you don’t have to

HHUGS - HELPING HOUSEHOLDS UNDER GREAT STRESS

Registered charity 1117924 · accounts filings on the Charity Commission register · also known as HELPING HOMES UNDER GREAT STRESS, HHUGS

Get email alerts for this charity

Latest income
£1.0m
Latest spending
£1.2m
Registered
2007
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported an operating surplus of £117,113 for the year ended 31 March 2024, with total income of £1,540,378 against total expenditure of £1,423,265. Per the trustees' report, unrestricted reserves stood at £1,087,758, a figure the trustees consider adequate to maintain their policy of holding three to six months' expenditure, although the majority of these reserves are held in cryptocurrency. The independent auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months' expenditure (held: £1.1m)
“our trustees maintain a reserves policy that requires unrestricted funds not designated for specific use to be maintained at a level equivalent to between three and six months' expenditure.” — page 13
Per its FY2024 accounts as filed with the Charity Commission.
Payments to trustees: Adnan Aly received £39,975 for outsourced professional services.
“Adnan Aly, who is not a Trustee at the time of signing the financial statements, but was a trustee during the financial year, received £39,975 during the year, for outsourced professional services.” — page 28
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Abacus Partners (LDN) LLP. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — HHUGS (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.0m
Total spending
£1.2m
Cost of raising funds
£290k
Reserves (reported)
£837k
Employees
8

Reported reserves equal ~8.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.0m£1.2m
31/03/2024£1.5m£1.4m
31/03/2023£1.3m£1.4m
31/03/2022£1.4m£1.2m
31/03/2021£951k£804k

Common questions

Is HHUGS - HELPING HOUSEHOLDS UNDER GREAT STRESS financially healthy?

The accounts state that the charity reported an operating surplus of £117,113 for the year ended 31 March 2024, with total income of £1,540,378 against total expenditure of £1,423,265. Per the trustees' report, unrestricted reserves stood at £1,087,758, a figure the trustees consider adequate to maintain their policy of holding three to six months' expenditure, although the majority of these reserves are held in cryptocurrency. The independent auditor confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by Abacus Partners (LDN) LLP.