Apex Housing Association Limited
Latest income
£77.9m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the group reported a surplus for the financial year of £3,188,710 (2024: £2,001,301) and held total capital and reserves of £37,726,677. The Board confirmed the group is a going concern with adequate resources for the foreseeable future, despite noting uncertainty regarding the recoverability of a £4,979,060 loan to a related party.
What the accounts disclose
Highest-paid employee band: £135,001 - £140,000
“£135,001 - £140,000 1” — page 28
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Expenditure paid on behalf of Apex Housing Association (Ireland) Limited.
“Expenditure paid on behalf of Apex Housing Association (Ireland) Limited 540,430” — page 36
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Management and administration charges to Fairbuild Homes (NI) Ltd.
“Expenditure paid on behalf of Apex Housing Association (Ireland) Limited 540,430” — page 36
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Expenditure paid on behalf of Newington Housing Association (1975) Limited.
“Expenditure paid on behalf of Apex Housing Association (Ireland) Limited 540,430” — page 36
Per FY2025 accounts as filed with CCNI.
Reserves policy: three months budgeted future expenditure (held: £37.7m)
“The reserves required are sufficient to meeting committed running costs for a period equivalent to three months budgeted future expenditure.” — page 12
Per FY2025 accounts as filed with CCNI.