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SELWOOD HOUSING SOCIETY LIMITED

Registered charity 1141124 · accounts filings on the Charity Commission register

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Latest income
£60.5m
Latest spending
£52.7m
Registered
2011
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the group reported a surplus of £7.4m for the year ended 31 March 2025, with total turnover increasing to £56.9m. Per the trustees' report, the charity maintains a strong financial position with unrestricted reserves of £166.8m and a pension scheme showing a net asset surplus, although the asset is capped at nil for accounting purposes due to lack of recoverability rights.

What the accounts disclose

Reserves policy: target in its 30-year business plan (held: £166.8m)
“Selwood Housing sets a target for reserves in its 30-year business plan and ensures that actual reserves stay in line with the plan.” — page 25
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Directors Stella Shepherd, Richard Yates and Hannah Jones are tenants of Selwood Housing. Their tenancy agreements are under normal commercial terms.
“The directors Stella Shepherd, Richard Yates and Hannah Jones are tenants of Selwood Housing. Their tenancy agreements are under normal commercial terms, and they are not able to use their position to their advantage.” — page 89
“The director Philip Whitehead is also a councillor of Wiltshire Council. Any transactions made with Wiltshire Council are made at arm’s length, on normal commercial terms and the councillors cannot use their position on the board to their advantage.” — page 89
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Director Philip Whitehead is a councillor of Wiltshire Council. Transactions with Wiltshire Council are made at arm’s length.
“The directors Stella Shepherd, Richard Yates and Hannah Jones are tenants of Selwood Housing. Their tenancy agreements are under normal commercial terms, and they are not able to use their position to their advantage.” — page 89
“The director Philip Whitehead is also a councillor of Wiltshire Council. Any transactions made with Wiltshire Council are made at arm’s length, on normal commercial terms and the councillors cannot use their position on the board to their advantage.” — page 89
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Beever and Struthers. Discloses 4 of 6 completeness components.

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

Total income
£60.5m
Total spending
£52.7m
Reserves (reported)
£294.3m
Employees
328

Reported reserves equal ~67.0 months of spending — in the top quarter for charities its size (median 4.6 months; benchmarks).

Trustees

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

Operates in: Bath And North East Somerset · Somerset · Wiltshire

Income and spending

Financial year endIncomeSpending
31/03/2025£60.5m£52.7m
31/03/2024£56.2m£49.1m
31/03/2023£47.7m£41.6m
31/03/2022£45.5m£39.5m
31/03/2021£42.2m£34.1m

Common questions

Is SELWOOD HOUSING SOCIETY LIMITED financially healthy?

The accounts state that the group reported a surplus of £7.4m for the year ended 31 March 2025, with total turnover increasing to £56.9m. Per the trustees' report, the charity maintains a strong financial position with unrestricted reserves of £166.8m and a pension scheme showing a net asset surplus, although the asset is capped at nil for accounting purposes due to lack of recoverability rights. Its FY2025 accounts were audited by Beever and Struthers.