THE PHILIP KING HOMES
Provision of housing for people in need.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £35,857,695, derived largely from the net proceeds of a land sale. The trustees report a surplus for the year and note that funds are retained as reserves pending future decisions on their use, with no stated reserves policy target to compare against. The independent examiner confirmed that no material matters came to attention that would cause concern regarding the accounts or the keeping of records.
What the accounts disclose
“Income was £243,275, arising from £225,215 income earned on investments, and £18,060 from flat rentals.”
“After deduction of professional fees and the 12.5% share contracted with the land promoters, Barwood Development, the net proceeds of sale accruing to the Trust was £31,348,403.” — page 4
Trustees
- ELISABETH ANNE IRELANDchair
- MARGOT ELIZABETH GREEN
- STEPHEN LESLIE MCCANN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £243k | £18k |
| 31/05/2024 | £74k | £40k |
| 31/05/2023 | £58k | £13k |
| 31/05/2022 | £38k | £16k |
| 31/05/2021 | £43k | £11k |
Common questions
Is THE PHILIP KING HOMES financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £35,857,695, derived largely from the net proceeds of a land sale. The trustees report a surplus for the year and note that funds are retained as reserves pending future decisions on their use, with no stated reserves policy target to compare against. The independent examiner confirmed that no material matters came to attention that would cause concern regarding the accounts or the keeping of records. Its FY2025 accounts were independently examined.
Funders of similar charities
Charities like this
- THE HOMESTEAD CHARITABLE TRUST
- PHILADELPHIA ASSOCIATION LIMITED
- ST PHILIP'S SCHOOL TRUST LIMITED
- THE PHILIP MARSDEN FAMILY CHARITABLE TRUST
- RCCG KINGDOM OF PRAISE AND THANKSGIVING HACKNEY
- PK CHARITABLE FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE PHILIP KING HOMES | £243k | — | 0 | unclear | — | no doubt |
| THE HOMESTEAD CHARITABLE TRUST | £279k | — | 0 | above | — | no doubt |
| PHILADELPHIA ASSOCIATION LIMITED | £221k | — | 0 | above | 278156.0% | no doubt |
| ST PHILIP'S SCHOOL TRUST LIMITED | £2.0m | — | — | unclear | — | no doubt |
| THE PHILIP MARSDEN FAMILY CHARITABLE TRUST | £118k | — | 0 | unclear | — | no doubt |
| RCCG KINGDOM OF PRAISE AND THANKSGIVING HACKNEY | £146k | — | 0 | unclear | — | no doubt |