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HYELM

Registered charity 215575 · accounts filings on the Charity Commission register · also known as THE HYELM GROUP

The provision of high standard affordable accommodation, services and facilities in homely environments for young people on low to moderate incomes who are coming to or in London to work and for others who qualify for priority group housing.

Causes: Accommodation/housing · website · Get email alerts

Latest income
£1.9m
Latest spending
£2.8m
Registered
1963
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £3,426,001 for the year ended 30 September 2025, driven by fire remediation costs and a significant reduction in the valuation of its Colindale development site. Despite the deficit, the charity holds unrestricted reserves of £13,834,229, which the Board confirms is sufficient to maintain a free reserve balance equivalent to three months of operational expenditure.

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

What the accounts disclose

Employees paid over £60,000: 2
“No members of staff were paid more than £60,000 in the current or previous year other than the Chief Executive (as disclosed above) and the Director of Finance.” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Largest income source: Rental income (99% of income)
“Turnover comprises rental income from residents’ receivable in the year and income from the provision of sporting, recreational or social facilities.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: three months of unrestricted expenditure (held: £13.8m)
“A free reserve balance equivalent to 3 months operational expenditure will be maintained to manage the day-to-day fluctuations in cash flow and operational risks.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Related party transaction with wholly owned subsidiary Arthur West House Limited for development services.
“The sum of £72,294 excluding VAT (2024: £109,587 ) was due to Arthur West House Limited at the end of the financial year in respect of development services provided during the year. The sum of £19,455 (2024 £16,464) was due from Arthur West House Limited in relation to services provided by HYELM to Arthur West House Limited.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Arthur West House Limited
“Arthur West House Limited is a wholly owned subsidiary of Hyelm, the company having been incorporated on 16 July 2015. The principal activity of the company is to carry out development activities on behalf of The Hyelm Group.” — page 24
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Moore Kingston Smith LLP. Discloses 5 of 6 completeness components.

Corporate structure

ARTHUR WEST HOUSE LIMITED — per its own Companies House accounts
  • Turnover: £107k
  • Profit before tax: £16k
  • Donated/gift-aided to the charity: £16k
  • Costs and management costs recharged to parent Hyelm Ltd under Service Level Agreement; £72,294 due from parent, £19,455 due to parent.
“The company pays all its taxable profits for the reporting period to its parent charity under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings.”

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

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.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 30/09/2025)

Total income
£1.9m
Total spending
£2.8m
Reserves (reported)
£13.9m
Employees
7

Reported reserves equal ~60.1 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (74% 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 (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Barnet · Hackney

Income and spending

Financial year endIncomeSpending
30/09/2025£1.9m£2.8m
30/09/2024£2.0m£3.1m
30/09/2023£1.9m£3.1m
30/09/2022£4.8m£4.7m
30/09/2021£1.3m£2.1m

Common questions

Is HYELM financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £3,426,001 for the year ended 30 September 2025, driven by fire remediation costs and a significant reduction in the valuation of its Colindale development site. Despite the deficit, the charity holds unrestricted reserves of £13,834,229, which the Board confirms is sufficient to maintain a free reserve balance equivalent to three months of operational expenditure. Its FY2025 accounts were audited by Moore Kingston Smith 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.

FunderSimilar charities fundedAmount to them
THE WILLIAM ALLEN YOUNG CHARITABLE TRUST2£7k
GUILDFORD LIONS CLUB (CIO)1—
AKO FOUNDATION1£96k
THE BARTLETT FOUNDATION1£56k
THE MARY KINROSS CHARITABLE TRUST1£51k
THE BORROWS CHARITABLE TRUST1£34k
THE EDWARD GOSTLING FOUNDATION1£10k
Insurance Industry Charitable Foundation UK1£10k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HOUSING FOR WOMEN.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HYELM£1.9m—2unclear—no doubt
HOUSING FOR WOMEN FY2025£10.3m——unclear—material uncertainty
HEMEL HEMPSTEAD DAY CENTRE LIMITED FY2025£255k—0unclear—no doubt
KEELMAN HOMES LIMITED FY2025£2.1m—0unclear—no doubt
YMCA ST HELENS FY2025£4.5m——unclear—no doubt
ISLEWORTH & HOUNSLOW CHARITY LIMITED FY2024£1.2m£80,001 - £90,0001above—no doubt

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