Charity Accounts Intelreading the accounts so you don’t have to

Connswater Homes Ltd

Northern Ireland charity NIC106095 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£10.1m
Latest spending
—
Accounts read
FY2025

Website: www.connswater.org.uk

Financial health, per FY2025 accounts

The accounts state that the charity's assets and engagements were transferred to Choice Housing Ireland Limited on 30 April 2025, with the Board intending to wind up its affairs. Consequently, the financial statements were prepared on a basis other than going concern. The charity reported a surplus for the year of £1,040,423 and total net assets of £23,743,711 prior to the transfer.

What the accounts disclose

Going concern: doubt noted
“The Board of Management intend to wind up the affairs of Connswater Homes Limited and therefore these financial statements have been prepared on a basis other than going concern.” — page 11
Per FY2025 accounts as filed with CCNI.
Reserves policy: nine months budgeted future expenditure (held: £23.7m)
“The reserves required are sufficient to meet committed running costs for a period equivalent to nine months budgeted future expenditure.” — page 27
Per FY2025 accounts as filed with CCNI.
Independent examiner: RBCA Limited
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.