ACKEE HOUSING PROJECT
Ackee provides medium to long term supportive shared and self contained accommodation to 21 single black women between the ages of 17 and 21, leaving care or otherwise vulnerable. Ackee supports the women to gain necessary skills for independent living, and offers counseling and advice on other aspects of life skills training, e.g. education, employment, budgeting etc.
Objects
THE RELIEF OF SINGLE HOMELESS YOUNG PERSONS IN THE LONDON BOROUGH OF HACKNEY WHO ARE IN NEED AND REQUIRE ASSISTANCE IN ACHIEVING A SETTLED WAY OF LIFE AND ARE UNABLE TO ABTAIN ANY SUITABLE HOUSING ACCOMMODATION.
Financial health, per its FY2025 accounts
The accounts state that the charity's financial position was stable, with total income of £307,995 exceeding expenditure of £236,963, resulting in a net surplus. Unrestricted reserves are maintained at £1,294,093, which the trustees consider sufficient to cover contractual obligations and unforeseen eventualities for a minimum of six months.
What the accounts disclose
“The Charity’s principal source of income is derived from its rental income.” — page 7
“The Charity has a policy of unrestricted reserves, which is maintained at a level sufficient to cover any unforeseen eventualities for a minimum of six months.” — page 7
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- HAZEL ELLIS
- YVETTE THOMAS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £347k | £237k |
| 31/03/2024 | £302k | £216k |
| 31/03/2023 | £262k | £187k |
| 31/03/2022 | £249k | £170k |
| 31/03/2021 | £244k | £169k |
Common questions
Is ACKEE HOUSING PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity's financial position was stable, with total income of £307,995 exceeding expenditure of £236,963, resulting in a net surplus. Unrestricted reserves are maintained at £1,294,093, which the trustees consider sufficient to cover contractual obligations and unforeseen eventualities for a minimum of six months. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 03/12/2009 | £134k | Grant to Ackee Housing Project |