FIRST CHOICE HOUSING
Providing accommodation to the homeless.
Objects
THE OBJECTS OF THE ORGANISATION ARE FOR THE BENEFIT OF THE PUBLIC: THE RELIEF OF POVERTY, HARDSHIP AND DISTRESS AMONG HOMELESS PERSONS, PEOPLE WITH MENTAL ILLNESS AND/OR ASYLUM SEEKERS IN PARTICULAR BUT NOT EXCLUSIVELY THOSE LIVING IN THE SWINDON BOROUGH, BY PROVISION OF, OR ASSISTANCE WITH THE PROVISION OF ACCOMMODATION, SUPPORT AND ADVICE.
Financial health, per its FY2026 accounts
The accounts state that unrestricted cash reserves amounted to £123,679, which the trustees consider adequate but below their stated policy target of three months of regular operating expenses. The charity reported a net income surplus of £24,691 for the year, driven by significant growth in charitable activity income and donations.
What the accounts disclose
“Two employees received employee benefits of more than £60,000 during the year” — page 22
“Two employees received employee benefits of more than £60,000 during the year” — page 22
“The charity's financial position at the 31 January 2026 does not meet the current reserves policy however, a significant improvement from the previous year.” — page 11
“We also established First Choice Housing Limited, a separately operated social enterprise to generate income for community benefit.” — page 10
Policies the charity declares
- Bullying and harassment policy and procedures
- 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
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Structured financials (annual return, FY ending 31/01/2026)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2026 | £913k | £888k |
| 31/01/2025 | £719k | £659k |
| 31/01/2024 | £373k | £355k |
| 31/01/2023 | £178k | £171k |
| 31/01/2022 | £43k | £41k |
Common questions
Is FIRST CHOICE HOUSING financially healthy?
Per its FY2026 accounts: The accounts state that unrestricted cash reserves amounted to £123,679, which the trustees consider adequate but below their stated policy target of three months of regular operating expenses. The charity reported a net income surplus of £24,691 for the year, driven by significant growth in charitable activity income and donations. Its FY2026 accounts were independently examined.
What does the highest-paid employee of FIRST CHOICE HOUSING earn?
Per its FY2026 accounts, the highest-paid employee was in the more than £60,000 band, and 2 employees earned over £60,000.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 03/07/2020 | £10k | Coronavirus Community Support Fund |
| The National Lottery Community Fund | 05/09/2019 | £10k | Housing and support for the homeless |
| The National Lottery Community Fund | 07/04/2011 | £10k | Homelessness Project and Delivery of Sub-Regional Regeneration Strategy |