MERCERS' COMPANY HOUSING ASSOCIATION

Registered charity 1172263 · accounts filings on the Charity Commission register

THE MERCERS' COMPANY HOUSING ASSOCIATION:1. PROVIDES HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; AND2. PROVIDES FOR AGED PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS.

Objects

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT:A. THE PROVISION OF HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; ANDB. THE PROVISION FOR AGED PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: The Prevention Or Relief Of Poverty · website · Get email alerts

Latest income
£861k
Latest spending
£665k
Registered
2017
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £196,000 for the year ended 31 March 2025, with total unrestricted funds of £3,605,000. Per the trustees' report, free reserves stood at £692,000, which exceeds the allocated reserves policy target of £416,000, indicating a strong liquidity position to support housing services.

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

What the accounts disclose

Largest income source: Charitable activities: Rents (87% of income)
“Income from sheltered housing rents and utilities amounted to £751,000 in 2025” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Mercers’ Company allocated costs amounting to £155,000 (2024: £123,000) in relation to the Service Agreement and directly attributable costs. £42,000 was outstanding at the year end (2024: Nil).
“The Mercers’ Company allocated costs amounting to £155,000 (2024: £123,000) in relation to the Service Agreement and directly attributable costs. £42,000 was outstanding at the year end (2024: Nil). No emoluments or expenses were paid by the Charity to the Trustees during the year (2024: nil). Mercers’ House is leased from The Mercers’ Charitable Foundation at a peppercorn rent.” — page 32
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Buzzacott Audit LLP. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (1 freehold). 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
£861k
Total spending
£665k
Reserves (reported)
£692k
Employees
0

Reported reserves equal ~12.5 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (87% 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 (4.9%) (benchmarks).

Trustees · trustee networks

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

Operates in: Islington

Income and spending

Financial year endIncomeSpending
31/03/2025£861k£665k
31/03/2024£761k£707k
31/03/2023£691k£667k
31/03/2022£629k£677k
31/03/2021£631k£488k

Common questions

Is MERCERS' COMPANY HOUSING ASSOCIATION financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £196,000 for the year ended 31 March 2025, with total unrestricted funds of £3,605,000. Per the trustees' report, free reserves stood at £692,000, which exceeds the allocated reserves policy target of £416,000, indicating a strong liquidity position to support housing services. Its FY2025 accounts were audited by Buzzacott Audit LLP.

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 THE MERCERS CHARITABLE FOUNDATION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
MERCERS' COMPANY HOUSING ASSOCIATION£861k—0unclear—no doubt
THE MERCERS CHARITABLE FOUNDATION FY2025£6.6m—0unclear—no doubt
The Almshouse Association FY2025£1.2m——below—no doubt
THE DRAPERS' ALMSHOUSE CHARITY FY2025£1.6m—0above—no doubt
THE CITY OF LONDON ALMSHOUSES FY2025£480k—0above—no doubt
THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) FY2025£1.4m—0unclear—no doubt

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