SOCIAL INTEREST GROUP
The Social Interest Group provides strategic guidance, development, management and back office support services to its subsidiary undertakings.
Financial health, per its FY2025 accounts
The accounts state that the group reported a net surplus of £196k for the year, with unrestricted reserves increasing to £4,072k. The trustees consider the results acceptable given the wider economic environment and have confirmed the group has adequate resources to continue in operational existence for at least 12 months. However, the group carries a significant defined benefit pension deficit liability of £2,537k, which is being addressed through a robust repayment plan.
What the accounts disclose
“The Group's income is predominantly contractual income from local authorities and NHS Trusts, and rental income and service charges from residents.” — page 36
“The trustees agreed that the free reserves (excluding the Pension Reserve) target should be approximately £792k, and for the group, £1.9m. The charity needs to maintain sufficient funds to cover any potential loss in income and short-term cash flow, have approximately three months of expenditure available at all times, and cover costs in the event of the charity winding up.”
“The Non-Executive Trustees (directors for company law purposes) received no remuneration during the year. During the year non- executive trustees were reimbursed travel expenses incurred in the performance of their duties of £636 (2024: £720). The Executive Trustee (a director for company law purposes), as permitted by the Articles of Association, received during the year £295,171 (2023/24 £128,750).” — page 39
“The Charity made charges to its subsidiaries to recover the cost of providing support services: Penrose £3,850,873 (2024: £3,504,122), Equinox £1,193,797 (2024: £1,370,875), Pathways £621,158 (2024: £438,822), SIG Housing Trust £10,728 (2024: £10,728) and SIG Safe Ground £99,570 (2024: £240,355). At year end the Charity owed £2,215,399 to Penrose Options (2024: £2,562,074), was owed £2,215,016 from Equinox Care (2024: was owed £2,404,574), was owed £85,981 to Pathways (2024: owed £41,711), was owed £430,000 from SIG Housing Trust as a loan (2024 was owed £430,000) and is owed by SIG Housing Trust £227,203 (2024: was owed £146,409) and was owed £46,309 (2024: £200,923) from Safe Ground.” — page 40
“Milner Gibson ceased trading on the 31st of March 2017, when the business was transferred to the Housing Management department within the charity. The company was dormant during the year. After the year end the Company began trading again and supplying night concierge staff within the Group.” — page 5
Corporate structure
- Trading subsidiary: MILNER GIBSON LIMITED Companies House 08741792
- Registered company of the charity Companies House 09122052
- The company is dormant, implying no intra-group trading activity occurred.
What the charity says about itself (2025)
“We specialise in supporting people with the most complex multiple disadvantages and challenges in life who often have chaotic backgrounds.”
“There are 455 relevant full pay employees included in this report”
“On the snapshot date, 5th April 2025, there were 299 women and 156 men working across the Group.”
“The mean gender pay gap for the group shows as 0.06%, this means that on average, females in the organisation earn slightly less than males.”
Leadership, per the charity’s website
- Mark Milton — Group CEO
- Naomi Atkinson — Director of Central Services and Transformation
Funders the charity credits
- The Co-op Community Fund
- The Mercers’ Company
- Luton Rising’s Community Investment Fund
- Tesco
- Barratt David Wilson Kent
- Chestnut Green Limited
Company officers (Companies House)
- WAKEFORD, Joseph Frederick Charles not on trustee list
- ESCOTT-NEW, Rebecca Jane on trustee list
- NORMAN, Frida on trustee list
- KANE, Cathy on trustee list
- BOAKYE, Kobi on trustee list
- BARTON, Claire Elizabeth on trustee list
- KERR, Dylan Andrew on trustee list
- JENKIN, Stuart Roderick on trustee list
- NAQI, Syed Ali
Advertised salaries (public job ads)
- Deputy Service Manager — £31,700 per year
- Children and Families Worker — £28,800 per year
- Mental Health Recovery Worker — £28,800 per year
- Support Coach — £28,800 per year
- Recovery Worker — £26,200 per year
- Field Supervisor — £25,700 per year
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Karl Marlowechair
- CATHY KANE
- Claire Barton
- Dylan Kerr
- Frida Norman
- Joe Wakeford
- Kobi Boakye
- Rebecca Escott-New
- Stuart Jenkin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £31.0m | £30.3m |
| 31/03/2024 | £28.3m | £27.2m |
| 31/03/2023 | £22.4m | £21.7m |
| 31/03/2022 | £19.1m | £19.0m |
| 31/03/2021 | £20.1m | £18.8m |
Common questions
Is SOCIAL INTEREST GROUP financially healthy?
Per its FY2025 accounts: The accounts state that the group reported a net surplus of £196k for the year, with unrestricted reserves increasing to £4,072k. The trustees consider the results acceptable given the wider economic environment and have confirmed the group has adequate resources to continue in operational existence for at least 12 months. However, the group carries a significant defined benefit pension deficit liability of £2,537k, which is being addressed through a robust repayment plan. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Charities like this
- SIG Housing Trust
- SOCIAL CARE IN ACTION
- SOUTH DOWNS LEISURE
- SHREWSBURY OPPORTUNITY GROUP
- THE SHELL PENSIONERS BENEVOLENT ASSOCIATION
- THE SOCIAL RESEARCH ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOCIAL INTEREST GROUP | £31.0m | — | — | unclear | — | no doubt |
| SIG Housing Trust | £380k | — | 0 | unclear | — | no doubt |
| SOCIAL CARE IN ACTION | £5.4m | £130,001 - £140,000 | 6 | unclear | — | no doubt |
| SOUTH DOWNS LEISURE | £11.5m | — | — | unclear | — | no doubt |
| SHREWSBURY OPPORTUNITY GROUP | £109k | — | 0 | unclear | — | no doubt |
| THE SHELL PENSIONERS BENEVOLENT ASSOCIATION | £672k | — | 0 | unclear | — | no doubt |