SPRING HOUSING ASSOCIATION LIMITED
We work to the following aims:To provide high quality accommodation for people in housing need.To prevent and reduce homelessnessTo assist people on a journey away from housing need towards a future of stability, happiness and independence.To create long term prosperity by investing to prevent homelessness, poverty and social isolation and to inspire and unlock peoples potential.
Objects
THE CHARITY’S OBJECTS (‘OBJECTS’) ARE SPECIFICALLY RESTRICTED TO THE FOLLOWING: (A) TO CARRY ON FOR THE BENEFIT OF THE COMMUNITY THE BUSINESS OF PROVIDING AND MANAGING HOUSING, INCLUDING SOCIAL HOUSING, AND ANY ASSOCIATED FACILITIES, AMENITIES AND SERVICES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; AND (B) PROVIDING FOR PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES ESPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS.
Financial health, per its FY2026 accounts
The accounts state that the charity reported a net movement in funds of a negative £325,147 for the year ended 31 March 2026, primarily due to a £627,271 fixed asset impairment loss following the disposal of a project. Despite this, the charity maintains unrestricted reserves of £3,041,347, which significantly exceeds its stated policy target of covering three months of committed overhead expenditure. The auditors 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
“In the band £70,001 - £80,000 2”
“The current reserves policy is to hold cash or near cash equivalents that are sufficient to cover 3 months of committed overhead expenditure for the charity.” — page 11
“On 31 March 2026, Spring Community Homes Limited donated its surplus for the year of £1,478,683 (2025 £62,857), in accordance with a Deed of Covenant between the two entities.” — page 49
“During the period, the Charity recharged repairs costs and professional fees to its parent, St Anne’s Hostel. At the balance sheet date, £175,195 (2025: £194,982) was owing to the Charity in respect of these recharges.” — page 49
“On 31 March 2026, Spring Community Homes Limited donated its surplus for the year of £1,478,683 (2025 £62,857), in accordance with a Deed of Covenant between the two entities.” — page 49
“During the period, the Charity recharged repairs costs and professional fees to its parent, St Anne’s Hostel. At the balance sheet date, £175,195 (2025: £194,982) was owing to the Charity in respect of these recharges.” — page 49
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
- 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
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2026
- Volunteers: 25
- Government income: £779,207 — contracts £779,207 (5); 5% of the £15,279,731 total gross income on the same return
- Employees paid over £60,000: 3 (£60,001–£70,000: 1; £70,001–£80,000: 2)
- Has a trading subsidiary
Self-declared on the annual return for the financial year ending 31/03/2025
- Volunteers: 15
- Employees paid over £60,000: 3 (£60,001–£70,000: 3)
Self-declared on the annual return for the financial year ending 30/09/2023
- Volunteers: 8
- Government income: £2,552,258 — contracts £2,552,258 (14); 19% of the £13,754,119 total gross income on the same return
- Employees paid over £60,000: 2 (£60,001–£70,000: 2)
- Has a trading subsidiary
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2026)
Trustees
- Fady Ghobrial
- Hannah Floyd
- Louise Cannon
- Paul Spooner
- Robert Ashley Wilson-Styles
- St Annes Hostel
- Sureya Gulzar
- Surrinder Bains
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £15.3m | £15.0m |
| 31/03/2025 | £21.4m | £21.2m |
| 30/09/2023 | £13.8m | £13.5m |
| 30/09/2022 | £11.8m | £11.6m |
| 30/09/2021 | £10.7m | £10.3m |
Common questions
Is SPRING HOUSING ASSOCIATION LIMITED financially healthy?
Per its FY2026 accounts: The accounts state that the charity reported a net movement in funds of a negative £325,147 for the year ended 31 March 2026, primarily due to a £627,271 fixed asset impairment loss following the disposal of a project. Despite this, the charity maintains unrestricted reserves of £3,041,347, which significantly exceeds its stated policy target of covering three months of committed overhead expenditure. The auditors 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 FY2026 accounts were audited by Dains Audit Limited.
What does the highest-paid employee of SPRING HOUSING ASSOCIATION LIMITED earn?
Per its FY2026 accounts, the highest-paid employee was in the £70,001 - £80,000 band.
Who funds SPRING HOUSING ASSOCIATION LIMITED?
Funders whose own accounts filings name SPRING HOUSING ASSOCIATION LIMITED as a grant recipient include STRATFORD-UPON-AVON TOWN TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| STRATFORD-UPON-AVON TOWN TRUST | FY2023 | £50k | Centre funding |
| STRATFORD-UPON-AVON TOWN TRUST | FY2022 | £25k | Strafford Housing Plus Centre |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Birmingham City Council | 23/06/2023 | £10k | PBNNS Capacity Building |
| The National Lottery Community Fund | 06/08/2021 | £265k | Fred Winter Centre |
| Birmingham City Council | 29/03/2021 | £2k | Google Maps project |
| Birmingham City Council | 29/03/2021 | £2k | Open air exercise provision |
| Birmingham City Council | 16/03/2021 | £10k | Communication, Connection, Collaboration and Capacity Building |
| Birmingham City Council | 06/03/2021 | £5k | Digital Library Project |
| The National Lottery Community Fund | 28/09/2018 | £439k | Digital Life Hacks |
| The National Lottery Community Fund | 08/07/2015 | £9k | Spring Connect |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| This Day Foundation | 1 | £1.8m |
| THE SAVOY EDUCATIONAL TRUST | 1 | £1.1m |
| THE FORTE CHARITABLE FOUNDATION | 1 | £500k |
| WSH FOUNDATION | 1 | £250k |
| THE FIDELITY UK FOUNDATION | 1 | £150k |
| HAMPTON FUEL ALLOTMENT | 1 | £125k |
| The Crerar Family Trust | 1 | £60k |
| THE INNHOLDERS' CHARITABLE FOUNDATION | 1 | £23k |
Charities like this
- SPEAR HOUSING ASSOCIATION LIMITED
- THE SPRING CHARITY
- THE SPRINGBOARD CHARITY
- SPRING IMPACT
- Spring North Ltd.
- HOMELESS ACTION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SPRING HOUSING ASSOCIATION LIMITED | £15.3m | £70,001 - £80,000 | — | unclear | — | no doubt |
| SPEAR HOUSING ASSOCIATION LIMITED | £4.6m | — | — | above | — | no doubt |
| THE SPRING CHARITY | £140k | — | 0 | below | — | no doubt |
| THE SPRINGBOARD CHARITY | £3.7m | — | — | below | — | no doubt |
| SPRING IMPACT | £3.5m | £160,001 - £170,000 | 10 | above | — | no doubt |
| Spring North Ltd. | £2.8m | Under £60,000 | 0 | above | — | no doubt |