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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.

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.

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).

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.