ZETETICK HOUSING
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £1,122,931 for the year ended 31 March 2025, resulting in free reserves of £1,121,000. This figure exceeds the trustees' stated reserves target of £1,089,000, indicating a strong financial position with sufficient liquidity to meet operational commitments. The trustees confirmed the charity is a going concern with adequate resources to continue operations through at least March 2026.
What the accounts disclose
“Trustees have reviewed the major risks facing the charity and deem that a suitable Reserves Target is £1,089k.” — page 9
“J Spencer, the current CEO, was appointed a trustee on 1 August 2024. He was remunerated under normal employee terms in the amount of £73,150 plus pension contributions of £7,980. No trustee is remunerated for their role as trustee.”
“G Scott, a trustee of Zetetick Housing, is a director and shareholder in Frontier Support Services Limited (FSS) which provides services to the charity. Included in these accounts under direct costs are concierge fees of £298,669 (2024 - £276,385) which were incurred on normal trading terms.” — page 41
“Rents receivable includes bookkeeping services of £2,600 (2024 - £18,225) were charged to FSS during the year.” — page 41
“G Scott, a trustee of Zetetick Housing, is a director and shareholder in Frontier Support Services Limited (FSS) which provides services to the charity. Included in these accounts under direct costs are concierge fees of £298,669 (2024 - £276,385) which were incurred on normal trading terms.” — page 41
“Rents receivable includes bookkeeping services of £2,600 (2024 - £18,225) were charged to FSS during the year.” — page 41
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Adam Clarke
- Andrew Chequers
- Bamike Sawyerr
- Claudia Linden
- Deborah Page
- Gary Malcolm Scott
- Hilary Clifford
- Jonathan Spencer
- Natasha Hussain
- Natasha Suzanne Pakeeree
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £6.0m | £4.9m |
| 31/03/2024 | £4.5m | £4.4m |
| 31/03/2023 | £5.2m | £4.3m |
| 31/03/2022 | £4.5m | £3.9m |
| 31/03/2021 | £3.8m | £3.7m |
Common questions
Is ZETETICK HOUSING financially healthy?
The accounts state that the charity reported a net income of £1,122,931 for the year ended 31 March 2025, resulting in free reserves of £1,121,000. This figure exceeds the trustees' stated reserves target of £1,089,000, indicating a strong financial position with sufficient liquidity to meet operational commitments. The trustees confirmed the charity is a going concern with adequate resources to continue operations through at least March 2026. Its FY2025 accounts were audited by TC Group.