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ARK HOUSING TRUST

Registered charity 1166573 · accounts filings on the Charity Commission register

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Latest income
£1.3m
Latest spending
£1.3m
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity generated a surplus of £35,100 for the year ended March 2024, bringing total unrestricted reserves to £161,344. The trustees report adequate resources to continue in operational existence and maintain a going concern basis. The charity's reserves policy aims to maintain sufficient funds to avoid cash flow issues and respond to unexpected events, with projected reserves exceeding £70,000 by March 2025.

What the accounts disclose

Related-party transaction: Payments to Jazeta Limited (controlled by Trustee Simon Graham)
“In the year to 31-3-24 the sum of £180,827 (2023 £202,973) was paid to Jazeta Limited (a company in the control of Simon Graham who was a Trustee for part of the year).” — page 11
“In the year to 31-3-24 the sum of £160,961(2023 £185,788) was paid to NJOY Limited (a company associated with Simon Graham who was a Trustee for part of the year).” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to NJOY Limited (associated with Trustee Simon Graham)
“In the year to 31-3-24 the sum of £180,827 (2023 £202,973) was paid to Jazeta Limited (a company in the control of Simon Graham who was a Trustee for part of the year).” — page 11
“In the year to 31-3-24 the sum of £160,961(2023 £185,788) was paid to NJOY Limited (a company associated with Simon Graham who was a Trustee for part of the year).” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Payments to SJ Holdings & Investments Limited (associated with Trustee Simon Graham)
“In the year to 31-3-24 the sum of £180,827 (2023 £202,973) was paid to Jazeta Limited (a company in the control of Simon Graham who was a Trustee for part of the year).” — page 11
“In the year to 31-3-24 the sum of £160,961(2023 £185,788) was paid to NJOY Limited (a company associated with Simon Graham who was a Trustee for part of the year).” — page 11
Per its FY2024 accounts as filed with the Charity Commission.
Governance: Reputational Risk caused by unprofessional behaviour of staff
“Reputational Risk caused by unprofessional behaviour of staff – the board acknowledge that unprofessional actions by a staff member had a detrimental effect on Ark’s reputation in one area with both the police and the council.” — page 3
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 05/04/2025)

Total income
£1.3m
Total spending
£1.3m
Reserves (reported)
£20
Employees
15

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Derbyshire · Stoke-on-trent City

Income and spending

Financial year endIncomeSpending
05/04/2025£1.3m£1.3m
05/04/2024£953k£918k
05/04/2023£883k£852k
05/04/2022£832k£810k
05/04/2021£704k£680k

Common questions

Is ARK HOUSING TRUST financially healthy?

The accounts state that the charity generated a surplus of £35,100 for the year ended March 2024, bringing total unrestricted reserves to £161,344. The trustees report adequate resources to continue in operational existence and maintain a going concern basis. The charity's reserves policy aims to maintain sufficient funds to avoid cash flow issues and respond to unexpected events, with projected reserves exceeding £70,000 by March 2025. Its FY2024 accounts were independently examined.