Newington Housing Association (1975) Limited
Latest income
£5.6m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a surplus on ordinary activities of £227,326 for the year ended 31 March 2025, with total comprehensive income matching this figure. Per the trustees' report, the charity maintains a revenue reserve policy to retain sufficient funds to meet committed running costs for three months, and the closing total capital and reserves stood at £16,531,524.
What the accounts disclose
Highest-paid employee band: £75,001 - £80,000
“More than £75,000 but less than £80,000” — page 11
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Amounts owed to parent undertaking APEX Housing Association Limited at 31 March 2025 were £45,166.
“Amount owed to parent undertaking at 31 March (note 15) (45,166) (45,166)” — page 21
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 1
“More than £60,000 but less than £65,000 1” — page 11
Per FY2025 accounts as filed with CCNI.
Reserves policy: three months of unrestricted expenditure (held: £16.5m)
“The Association’s policy is to retain a level of revenue reserves which reflects its needs at the current time and in the foreseeable future. The reserves required are sufficient to meet committed running costs for a period equivalent to three months budgeted future expenditure” — page 8
Per FY2025 accounts as filed with CCNI.