SIG Housing Trust
The charity provides properties for other members of the Social Interest Group to carry out their charitable objectives.
Objects
.1 THE OBJECTS OF THE CHARITY (THE OBJECTS) ARE FOR THE PUBLIC BENEFIT:-1.1.1 TO RELIEVE PEOPLE IN NEED, INCLUDING BUT NOT LIMITED TO THOSE WITH MENTAL HEALTH ILLNESS, THOSE CURRENTLY SUFFERING FROM OR RECOVERING FROM SUBSTANCE MIS-USE OR OTHER ADDICTIVE BEHAVIOUR PATTERNS, OFFENDERS, EX-OFFENDERS, THE HOMELESS, POOR PEOPLE, AGED, DISABLED (WHETHER PHYSICALLY OR MENTALLY) OR CHRONICALLY SICK, AND TO ASSIST AND RELIEVE SUCH PERSONS? FAMILY, DEPENDANTS AND OTHER CARERS WHO ARE IN NEED AS A RESULT OF THAT PERSON?S PROBLEMS INCLUDING BY PROVIDING SUPPORT IN THE FORM OF SOCIAL HOUSING, OR ACCOMMODATION, OR FACILITIES OR SERVICES INCLUDING BUT NOT LIMITED TO MEDICAL, SOCIAL, WELFARE, REHABILITATIVE, RESETTLEMENT AND CARE SERVICES;1.1.2 TO PROMOTE AND IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF ITS CHARITABLE HOLDING COMPANY AND CHARITABLE COMPANIES IN THE HOLDING COMPANY?S GROUP IN FULFILLING THEIR CHARITABLE OBJECTS;1.1.3 TO PROMOTE AND IMPROVE THE EFFICIENCY AND EFFECTIVENESS OF CHARITIES INCLUDING BY THE PROVISION AND MANAGEMENT FOR SUCH ORGANISATIONS OF OFFICE OR HOUSING OR ACCOMMODATION AND OTHER FACILITIES, SERVICES AND SUPPORT;1.1.4 TO FURTHER SUCH OTHER EXCLUSIVELY CHARITABLE PURPOSES ACCORDING TO THE LAW OF ENGLAND AND WALES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £22,000 for the year ended 31 March 2025, resulting in unrestricted general reserves of £139,000. The trustees consider these results acceptable given the charity's status as a subsidiary and the wider economic environment. The charity has no directly employed staff, with housing management delegated to its parent organization via a service level agreement.
What the accounts disclose
“Income from: Rental Income 380”
“The trustees agreed to maintain the level of reserves at £120k.”
“Income of £360,267 (2024: £188,090 ) is rent from Penrose Options and Equinox Care £nil (2024:£ 169,670) who are members of the same Group.” — page 17
“SIG Housing Trust was charged £10,728 for central office functions provided by the parent charity Social Interest Group (2024: £10,728).” — page 17
“Income of £360,267 (2024: £188,090 ) is rent from Penrose Options and Equinox Care £nil (2024:£ 169,670) who are members of the same Group.” — page 17
“SIG Housing Trust was charged £10,728 for central office functions provided by the parent charity Social Interest Group (2024: £10,728).” — page 17
“Income of £360,267 (2024: £188,090 ) is rent from Penrose Options and Equinox Care £nil (2024:£ 169,670) who are members of the same Group.” — page 17
“SIG Housing Trust was charged £10,728 for central office functions provided by the parent charity Social Interest Group (2024: £10,728).” — page 17
“Income of £360,267 (2024: £188,090 ) is rent from Penrose Options and Equinox Care £nil (2024:£ 169,670) who are members of the same Group.” — page 17
“SIG Housing Trust was charged £10,728 for central office functions provided by the parent charity Social Interest Group (2024: £10,728).” — page 17
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity 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
- Investing charity funds policy and procedures
- Investment
- 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
Funders the charity credits
- UK Centre for Carnival Arts
- Regency Power Generators
- The Co-op Community Fund
- BeActive Luton
- London Luton Airport
- ASDA Luton
- The Mercers’ Company
- Barratt David Wilson Kent
- Tesco
- The Flooring Group
- Chestnut Green Limited
- Big Yellow Storage Fulham
Property (HM Land Registry)
Trustees
- Stuart Jenkinchair
- Donald Douglas
- Geetha Unaasuthan
- Georgi Parvanov Ivanov
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £380k | £358k |
| 31/03/2024 | £376k | £355k |
| 31/03/2023 | £373k | £371k |
| 31/03/2022 | £375k | £370k |
| 31/03/2021 | £383k | £374k |
Common questions
Is SIG Housing Trust financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £22,000 for the year ended 31 March 2025, resulting in unrestricted general reserves of £139,000. The trustees consider these results acceptable given the charity's status as a subsidiary and the wider economic environment. The charity has no directly employed staff, with housing management delegated to its parent organization via a service level agreement. Its FY2025 accounts were audited by Buzzacott Audit LLP.
Funders of similar charities
Charities like this
- SALISBURY TRUST FOR THE HOMELESS LTD
- THE JERICHO TRUST
- THE IRON BRIDGE TRUST
- As-Siraj Trust
- ALEX HOGG MEMORIAL TRUST LIMITED
- ARK HOUSING TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SIG Housing Trust | £380k | — | 0 | unclear | — | no doubt |
| SALISBURY TRUST FOR THE HOMELESS LTD | £406k | — | 0 | above | — | no doubt |
| THE JERICHO TRUST | £349k | — | 0 | unclear | — | no doubt |
| THE IRON BRIDGE TRUST | £390k | — | 0 | unclear | — | no doubt |
| As-Siraj Trust | £807k | — | 0 | unclear | — | no doubt |
| ALEX HOGG MEMORIAL TRUST LIMITED | £847k | — | 0 | within | — | no doubt |