HACKNEY JOINT ESTATE CHARITY
The Charity acts as a landlord, letting out commercial and residential properties. The net income, after payment of administrative expenses is then distributed to three constituent charities.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves decreased significantly from £1,416,207 to £493,476, while endowment funds increased to £30,930,027 due to a property revaluation gain. The trustees report that the charity has sufficient resources to meet liabilities as they fall due and identified no material uncertainties regarding going concern. However, the independent auditor issued a qualified opinion due to an inability to obtain sufficient evidence regarding the valuation of investment properties.
What the accounts disclose
“Accordingly, our audit opinion is qualified due to this limitation of scope.” — page 7
“Accordingly, our audit opinion is qualified due to this limitation of scope.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Hackney Endowed Trustee Ltd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.8m | £1.2m |
| 31/03/2024 | £1.7m | £1.1m |
| 31/03/2023 | £1.6m | £1.2m |
| 31/03/2022 | £1.5m | £971k |
| 31/03/2021 | £1.5m | £1.0m |
Common questions
Is HACKNEY JOINT ESTATE CHARITY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves decreased significantly from £1,416,207 to £493,476, while endowment funds increased to £30,930,027 due to a property revaluation gain. The trustees report that the charity has sufficient resources to meet liabilities as they fall due and identified no material uncertainties regarding going concern. However, the independent auditor issued a qualified opinion due to an inability to obtain sufficient evidence regarding the valuation of investment properties. Its FY2025 accounts were audited by Dunkley's.
Charities like this
- WEST HACKNEY PAROCHIAL CHARITY
- SOUTH HACKNEY PAROCHIAL CHARITY
- HACKNEY PAROCHIAL CHARITIES
- HULL TRINITY HOUSE CHARITY
- LAKELAND HOUSING TRUST
- THE ODIHAM CONSOLIDATED CHARITIES
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HACKNEY JOINT ESTATE CHARITY | £1.8m | — | 0 | unclear | — | no doubt |
| WEST HACKNEY PAROCHIAL CHARITY | £151k | — | 0 | unclear | — | no doubt |
| SOUTH HACKNEY PAROCHIAL CHARITY | £151k | — | 0 | above | 14.8% | no doubt |
| HACKNEY PAROCHIAL CHARITIES | £227k | — | 0 | unclear | — | no doubt |
| HULL TRINITY HOUSE CHARITY | £4.2m | — | — | unclear | — | no doubt |
| LAKELAND HOUSING TRUST | £1.0m | — | 0 | unclear | — | no doubt |