COMMUNITY ACCOMMODATION GROUP
Provides homes and welfare support for homeless people and general needs housing
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £139,211 for the year ended 31 October 2024, resulting in an accumulated net deficit of £155,636. The trustees confirmed that no material uncertainties exist regarding going concern, citing revised commercial terms with their management partner and a healthy secured stock pipeline. The independent auditor expressed an unqualified opinion that the financial statements give a true and fair view.
What the accounts disclose
“Rental Income 4,989,316” — page 18
“The accumulated deficit as at 31 October 2024 was £155,636.”
“During the year ended 31 October 2024 an amount of £11,800 (2023 - £2000) was paid to Philip Woolas, a trustee, for consultancy services provided to the charity.” — page 22
“During the year ended 31 October 2024 an amount of £11,800 (2023 - £2000) was paid to Philip Woolas, a trustee, for consultancy services provided to the charity.” — page 22
Year-over-year changes
- Going concern: going-concern doubt noted (FY2023) → no going-concern doubt (FY2024).
Structured financials (annual return, FY ending 31/10/2024)
Trustees
- Sajjid Hussainchair
- Andrew Stafford
- Aslam Mohammed Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £5.0m | £5.1m |
| 31/10/2023 | £1.2m | £1.2m |
| 31/10/2022 | £0 | £0 |
| 31/10/2021 | £0 | £0 |
| 31/10/2020 | £0 | £0 |
Common questions
Is COMMUNITY ACCOMMODATION GROUP financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £139,211 for the year ended 31 October 2024, resulting in an accumulated net deficit of £155,636. The trustees confirmed that no material uncertainties exist regarding going concern, citing revised commercial terms with their management partner and a healthy secured stock pipeline. The independent auditor expressed an unqualified opinion that the financial statements give a true and fair view. Its FY2024 accounts were audited by BK Plus Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY OF GLOUCESTERSHIRE COMMUNITY FOUNDATION | 1 | £10k |
| JOHNNIE JOHNSON TRUST | 1 | £8k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST BARNABAS, WINCHESTER | 1 | £5k |
| THE MONTAL CHARITABLE TRUST | 1 | £5k |
Charities like this
- Caring for Communities and People
- OPERATION COMMUNITY HAMPER
- COMMUNITY OUTREACH
- CARE HOUSING ASSOCIATION
- PETRUS COMMUNITY
- INDIVIDUAL CARE SERVICES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| COMMUNITY ACCOMMODATION GROUP | £5.0m | — | 0 | below | — | no doubt |
| Caring for Communities and People | £13.0m | — | — | above | — | no doubt |
| OPERATION COMMUNITY HAMPER | £109k | — | 0 | above | — | no doubt |
| COMMUNITY OUTREACH | £1.5m | — | 0 | unclear | — | no doubt |
| CARE HOUSING ASSOCIATION | £8.2m | — | 0 | unclear | — | no doubt |
| PETRUS COMMUNITY | £2.7m | — | 0 | above | — | no doubt |