ST JOHN'S HOUSING TRUST
The Trust has been set up to assist those in need of accommodation, accommodation maintenance, or financial assistance in the London Borough of Hackney.
Financial health, per its FY2024 accounts
The accounts state that total net assets decreased to £423,736, with free reserves standing at £14,986. This level of free reserves is above the trustees' stated policy target of approximately six months' routine general fund expenditure, which equates to £3,250. The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“The Trustees considers that, given the nature of the charity’s objectives, free reserves should be equivalent to approximately 6 months’ routine general fund expenditure, plus committed and forecast future expenditure on other projects, where funds permit.” — page 4
“In 2024 the trustees did not meet formally and there were no minuted meetings.” — page 4
Trustees
- ALEXANDER STRATHEARN GORDONchair
- JOHN ARTHUR DE CLIFTON PARMITER FRICS FRSA
- SAM LAWSON JOHNSTON
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £41k |
| 31/12/2023 | £35k | £41k |
| 31/12/2022 | £32k | £39k |
| 31/12/2021 | £36k | £54k |
| 31/12/2020 | £470k | £10k |
Common questions
Is ST JOHN'S HOUSING TRUST financially healthy?
Per its FY2024 accounts: The accounts state that total net assets decreased to £423,736, with free reserves standing at £14,986. This level of free reserves is above the trustees' stated policy target of approximately six months' routine general fund expenditure, which equates to £3,250. The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2024 accounts were independently examined.