SPRING HOUSING ASSOCIATION LIMITED

Registered charity 1163098 · accounts filings on the Charity Commission register · also known as SPRING HOUSING ASSOCIATION

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.

Causes: General Charitable Purposes · Accommodation/housing · website · Get email alerts

Latest income
£21.4m
Latest spending
£21.2m
Registered
2015
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating surplus of £210,013 for the 18-month period ended 31 March 2025, with total income of £21.3 million. Per the trustees' report, unrestricted reserves stood at £3.2 million, which is above the stated policy target of three months of committed overhead expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: 3 months of committed overhead expenditure (held: £3.2m)
“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 13
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Spring Community Homes Limited donated its surplus for the year of £62,857 to the parent charity, Spring Housing Association Limited, in accordance with a Deed of Covenant.
“On 31 March 2025, Spring Community Homes Limited donated its surplus for the year of £62,857 (2023 £57,864), in accordance with a Deed of Covenant between the two entities.” — page 54
“During the period, the Charity recharged repairs costs and professional fees to its parent, St Anne’s Hostel. At the balance sheet date, £194,982 was owing to the Charity in respect of these recharges.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity recharged repairs costs and professional fees to its parent, St Anne’s Hostel. At the balance sheet date, £194,982 was owing to the Charity in respect of these recharges.
“On 31 March 2025, Spring Community Homes Limited donated its surplus for the year of £62,857 (2023 £57,864), in accordance with a Deed of Covenant between the two entities.” — page 54
“During the period, the Charity recharged repairs costs and professional fees to its parent, St Anne’s Hostel. At the balance sheet date, £194,982 was owing to the Charity in respect of these recharges.” — page 54
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Dains Audit Limited. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — St Annes & Spring Housing (matched by registered charity number).

Property (HM Land Registry)

5 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold); recorded price paid £240k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

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

Total income
£21.4m
Total spending
£21.2m
Reserves (reported)
£3.2m
Employees
130

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Charitable activities (94% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

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

Operates in: Birmingham City · Sandwell · Shropshire · Solihull · Staffordshire · Warwickshire · Wolverhampton · Worcestershire

Income and spending

Financial year endIncomeSpending
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
30/09/2020£9.5m£8.0m

Common questions

Is SPRING HOUSING ASSOCIATION LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported an operating surplus of £210,013 for the 18-month period ended 31 March 2025, with total income of £21.3 million. Per the trustees' report, unrestricted reserves stood at £3.2 million, which is above the stated policy target of three months of committed overhead expenditure. Its FY2025 accounts were audited by Dains Audit Limited.

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

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
STRATFORD-UPON-AVON TOWN TRUSTFY2023£50kCentre funding
STRATFORD-UPON-AVON TOWN TRUSTFY2022£25kStrafford Housing Plus Centre

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Birmingham City Council23/06/2023£10kPBNNS Capacity Building
The National Lottery Community Fund06/08/2021£265kFred Winter Centre
Birmingham City Council29/03/2021£2kGoogle Maps project
Birmingham City Council29/03/2021£2kOpen air exercise provision
Birmingham City Council16/03/2021£10kCommunication, Connection, Collaboration and Capacity Building
Birmingham City Council06/03/2021£5kDigital Library Project
The National Lottery Community Fund28/09/2018£439kDigital Life Hacks
The National Lottery Community Fund08/07/2015£9kSpring Connect

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with SPEAR HOUSING ASSOCIATION LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SPRING HOUSING ASSOCIATION LIMITED£21.4m——unclear—no doubt
SPEAR HOUSING ASSOCIATION LIMITED FY2025£4.6m——above—no doubt
ABILITY HOUSING ASSOCIATION FY2025£11.0m——unclear—no doubt
THE SPRING CHARITY FY2025£140k—0below—no doubt
SOLO HOUSING (EAST ANGLIA) FY2026£2.0m—0unclear—no doubt
SALISBURY TRUST FOR THE HOMELESS LTD FY2025£406k—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.