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The Susanna Initiative

Registered charity 1186758 · accounts filings on the Charity Commission register · also known as Kezia Giving, METHODIST MINISTERS' HOUSING SOCIETY, Samuel Living · also registered in Scotland as SC050661 (OSCR)

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Latest income
£7.9m
Latest spending
£7.7m
Registered
2019
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a net operational surplus of £190k, resulting in an overall deficit of £96k after accounting for unrealised gains and losses on investments and property revaluations. The balance sheet position is described as robust with net assets of £190m, comprising a mix of programme-related housing investments, investment properties, and long-term financial investments. The trustees are satisfied that free reserves of £12m exceed the minimum coverage required by their reserves policy.

What the accounts disclose

Reserves policy: the higher of six months' worth of expenditure and a 20% fall in the value of its investment funds (held: £12.0m)
“MMHS therefore targets holding free reserves more than the higher of six months' worth of expenditure and a 20% fall in the value of its investment funds. This figure would be £8.4m based on investment valuations at 31 August 2025.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Trustee tenancy on normal terms
“One trustee (2024: two), Revd A M Taylor, was a ministerial resident of MMHS. His tenancy was on normal terms.” — page 43
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Forvis Mazars LLP. Discloses 4 of 6 completeness components.

Structured financials (annual return, FY ending 31/08/2025)

Total income
£7.9m
Total spending
£7.7m
Cost of raising funds
£161k
Reserves (reported)
£12.0m
Employees
17

Reported reserves equal ~18.7 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Guernsey · Isle Of Man · Jersey · Northern Ireland · Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/08/2025£7.9m£7.7m
31/08/2024£7.9m£7.6m
31/08/2023£5.7m£7.5m
31/08/2022£7.5m£7.1m
31/08/2021£5.0m£6.2m

Common questions

Is The Susanna Initiative financially healthy?

The accounts state that the charity generated a net operational surplus of £190k, resulting in an overall deficit of £96k after accounting for unrealised gains and losses on investments and property revaluations. The balance sheet position is described as robust with net assets of £190m, comprising a mix of programme-related housing investments, investment properties, and long-term financial investments. The trustees are satisfied that free reserves of £12m exceed the minimum coverage required by their reserves policy. Its FY2025 accounts were audited by Forvis Mazars LLP.