BRENT CO-EFFICIENT LIMITED

Registered charity 1205045 · accounts filings on the Charity Commission register

Brent Co-Efficient (BCE) Limited is a wholly-owned subsidiary of Hyde Housing Association Limited, a registered provider of social housing and was established in 2007. BCE became active in 2008 when it entered into a 20 year agreement with the London Borough of Brent to develop and manage 384 dwellings for affordable rent.

Causes: General Charitable Purposes · Disability · The Prevention Or Relief Of Poverty · Get email alerts

Latest income

£12.3m

Latest spending

£11.3m

Registered

2023

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net income of £3.1m for the year ended 31 March 2025, driven largely by fair value movements in derivative financial instruments. Per the trustees' report, free reserves (working capital) increased to £7.7m, which the trustees consider appropriate to meet working capital arrangements. The charity maintains a going concern status, with no material uncertainties identified by the auditors regarding its ability to continue operations.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: in line with the expectations of the Financial Model with no separate amount of reserves specified (held: £7.7m)

“Reserves are maintained in line with the expectations of the Financial Model with no separate amount of reserves specified to be separately maintained or deemed to be restricted or designated.” — page 5

Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by BDO LLP. Discloses 4 of 6 completeness components.

Corporate structure

Registered company of the charity Companies House 06437388

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

WALLACE, Anna Lucy — director, appointed 30/09/2025on trustee list
BATCHELOR, Mark Richard — director, appointed 29/11/2023on trustee list
RAYMOND-BARKER, Brett Alexander — director, appointed 12/06/2023on trustee list
O'RIORDAN, Melanie Avril Elizabeth — secretary, appointed 09/09/2024

Official officers record.

Structured financials (annual return, FY ending 31/03/2025)

Total income

£12.3m

Total spending

£11.3m

Reserves (reported)

£0

Employees

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 4.6 months; benchmarks).

Per its annual return, largest income source: Investments (62% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.8%) (benchmarks).

Trustees · trustee networks

Anna Lucy Wallace
DR BRETT ALEXANDER RAYMOND-BARKER
JOHN MARK EDWARDS
Mark Richard Batchelor

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

Operates in: Brent

Income and spending

Financial year end	Income	Spending
31/03/2025	£12.3m	£11.3m

Common questions

Is BRENT CO-EFFICIENT LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net income of £3.1m for the year ended 31 March 2025, driven largely by fair value movements in derivative financial instruments. Per the trustees' report, free reserves (working capital) increased to £7.7m, which the trustees consider appropriate to meet working capital arrangements. The charity maintains a going concern status, with no material uncertainties identified by the auditors regarding its ability to continue operations. Its FY2025 accounts were audited by BDO LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Funder	Similar charities funded	Amount to them
JOHN LYON'S CHARITY	2	£885k
THE WILLIAM ALLEN YOUNG CHARITABLE TRUST	2	£11k
THE PRUDENCE TRUST	1	£193k
AKO FOUNDATION	1	£96k
THE MARY KINROSS CHARITABLE TRUST	1	£51k
THE HARGREAVES FOUNDATION	1	£29k
THE JAMES TUDOR FOUNDATION	1	£20k
THE RAYNE TRUST	1	£20k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with BRENT MENCAP.

BRENT MENCAP income £1.8m
BRENT PLAY ASSOCIATION income £192k
BRENT CENTRE FOR YOUNG PEOPLE income £1.5m
HOUSING FOR WOMEN income £10.3m
KEELMAN HOMES LIMITED income £2.1m
YOUNG BRENT FOUNDATION income £908k

Side by side with its peers

Charity	Income	Top pay band	Staff >£60k	Reserves vs policy	Fundraising cost	Going concern
BRENT CO-EFFICIENT LIMITED	£12.3m	—	0	within	—	no doubt
BRENT MENCAP FY2025	£1.8m	—	0	unclear	—	no doubt
BRENT PLAY ASSOCIATION FY2025	£192k	—	0	below	—	no doubt
BRENT CENTRE FOR YOUNG PEOPLE FY2025	£1.5m	—	—	within	—	no doubt
HOUSING FOR WOMEN FY2025	£10.3m	—	—	unclear	—	material uncertainty
KEELMAN HOMES LIMITED FY2025	£2.1m	—	0	unclear	—	no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.