MERCERS' COMPANY HOUSING ASSOCIATION
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.
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.
What the accounts disclose
“Income from sheltered housing rents and utilities amounted to £751,000 in 2025” — page 6
“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
Policies the charity declares
- Bullying and harassment 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
- 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
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ANTHONY BEVERLEY TOTTON
- Adam Sedgwick
- JOHN RODERICK GRAHAM
- Josephine Clair Downie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| AKO FOUNDATION | 1 | £96k |
| MERCHANT NAVY WELFARE BOARD | 1 | £71k |
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £67k |
| THE MARY KINROSS CHARITABLE TRUST | 1 | £51k |
| THE I T F SEAFARERS TRUST | 1 | £40k |
| THE FRANCIS WINHAM FOUNDATION | 1 | £31k |
| THE MERCERS CHARITABLE FOUNDATION | 1 | £15k |
| COVENTRY CHURCH (MUNICIPAL) CHARITIES | 1 | £14k |
Charities like this
- THE MERCERS CHARITABLE FOUNDATION
- The Almshouse Association
- THE DRAPERS' ALMSHOUSE CHARITY
- THE CITY OF LONDON ALMSHOUSES
- THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)
- Caring for Communities and People
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MERCERS' COMPANY HOUSING ASSOCIATION | £861k | — | 0 | unclear | — | no doubt |
| THE MERCERS CHARITABLE FOUNDATION | £6.6m | — | 0 | unclear | — | no doubt |
| The Almshouse Association | £1.2m | — | — | below | — | no doubt |
| THE DRAPERS' ALMSHOUSE CHARITY | £1.6m | — | 0 | above | — | no doubt |
| THE CITY OF LONDON ALMSHOUSES | £480k | — | 0 | above | — | no doubt |
| THE MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED) | £1.4m | — | 0 | unclear | — | no doubt |