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North East Housing Association Limited

Registered charity 201653 · accounts filings on the Charity Commission register · also known as NORTH EASTERN YWCA TRUSTEES LTD · listed website unreachable when last crawled

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Latest income
£1.7m
Latest spending
£1.6m
Registered
1965
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported an operating deficit of £84,217 for the year ended 31 March 2025, driven by increased staff costs following a move to a living wage and ongoing refurbishment works. Despite this deficit, the charity holds considerable liquid resources and unrestricted funds of £2,199,429, which the trustees note equate to around 15 months of planned expenditure. The charity has no debt, maintains a negative gearing position, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern.

What the accounts disclose

Reserves policy: at least 12 months (held: £2.2m)
“The reserve policy is to hold funds to allow the Charity to continue for a period of at least 12 months even if its income decreases.”
Per its FY2025 accounts as filed with the Charity Commission.
Pension scheme deficit: £100k
“At the year end, the Charity had a defined benefit pension deficit liability of £100,000.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Kinnair Associates Limited. Discloses 5 of 6 completeness components.

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

Total income
£1.7m
Total spending
£1.6m
Cost of raising funds
£14k
Reserves (reported)
£2.3m
Employees
28

Reported reserves equal ~17.4 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: Durham · Gateshead · Newcastle Upon Tyne City · North Tyneside · Northumberland · South Tyneside · Sunderland

Income and spending

Financial year endIncomeSpending
31/03/2025£1.7m£1.6m
31/03/2024£1.6m£1.5m
31/03/2023£1.4m£1.5m
31/03/2022£1.2m£1.2m
31/03/2021£1.1m£1.1m

Common questions

Is North East Housing Association Limited financially healthy?

The accounts state that the charity reported an operating deficit of £84,217 for the year ended 31 March 2025, driven by increased staff costs following a move to a living wage and ongoing refurbishment works. Despite this deficit, the charity holds considerable liquid resources and unrestricted funds of £2,199,429, which the trustees note equate to around 15 months of planned expenditure. The charity has no debt, maintains a negative gearing position, and the auditors confirmed there are no material uncertainties regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Kinnair Associates Limited.