CARE HOUSING ASSOCIATION
Care HA provide accommodation to individuals requiring support to live as independently as possible within the community. We partner with Care Providers and Local Authorities to ensure the accommodation is suitable, sustainable and of a high standard.
Financial health, per its FY2023 accounts
The accounts state that the charity reported a profitable year with modest growth, achieving an operating profit of £123,548 and retained earnings of £3,115,747. Per the strategic report, the organization maintains a positive liquidity position with a current ratio of 2.19, although this has decreased from the prior year due to significant investment. The trustees confirmed that the company has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alastair David Richards
- BERNARD GALLAGHER
- Donna Jane Margaret Holmes
- Garnet Fazackerley
- Nadhia Khan
- Roger Parr
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £8.2m | £7.9m |
| 31/03/2024 | £7.1m | £6.8m |
| 31/03/2023 | £5.7m | £5.6m |
| 31/03/2022 | £5.4m | £4.9m |
| 31/03/2021 | £4.8m | £4.1m |
Common questions
Is CARE HOUSING ASSOCIATION financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported a profitable year with modest growth, achieving an operating profit of £123,548 and retained earnings of £3,115,747. Per the strategic report, the organization maintains a positive liquidity position with a current ratio of 2.19, although this has decreased from the prior year due to significant investment. The trustees confirmed that the company has adequate resources to continue in operational existence for the foreseeable future. Its FY2023 accounts were audited by Xeinadin Audit Limited.