Finance Score: -2
Governance Score: 1
Support Score: 3
  • Excess reserves: -2
  • Narrow trustee age band: -2
  • Gender balanced board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 2 ?

TWO RIVERS HOUSING 

Two Rivers Housing's mission is "Creating great homes and supporting communities".We currently manage around 4,000 homes in Gloucestershire and Herefordshire and have a development programme which aims to develop homes to meet local needs.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants and contracts
  • Spending has increased over the last 3 years relative to the previous period
  • There have been no material income shortfalls in recent years
  • The Board appears to be well diversified in terms of gender

Regulatory & Governance issues to consider:

  • The Board has little diversity in terms of age

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £65,264,724 available, equivalent to 29 months of spending and so may not be able to utilise additional funding

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£30,114£27,431£2,683£0£65,265£65,26528.61600
31/03/22£26,178£23,350£2,828£0£57,788£57,78829.71620
31/03/21£28,671£24,466£4,205£0£52,754£52,75425.91440
31/03/20£27,127£22,003£5,124£0£49,811£49,81127.21540
31/03/19£26,573£22,191£4,382£0£44,687£44,68724.21460
31/03/18£24,309£19,779£4,530£0£41,937£41,93725.41160
31/03/17£21,913£17,413£4,500£0£36,854£36,85425.41250
31/03/16£22,540£18,402£4,138£0£31,669£31,66920.71210
31/03/15£21,530£18,619£2,911£0£27,582£27,22217.51200
31/03/14£21,758£16,957£4,801£0£25,813£25,453181200
31/03/13£20,482£15,182£5,300£0£21,414£21,05416.61250
31/03/12£16,683£15,279£1,404£0£16,579£16,21912.71220
31/03/11£15,345£16,050£-705£0£-15,861£-16,221-12.11270
31/03/10£15,256£19,068£-3,812£0£-15,156£-15,516-9.81300
31/03/09£14,188£17,593£-3,405£0£-9,456£-9,816-6.71130
31/03/08£12,242£13,492£-1,250£0£-6,958£-7,318-6.5900
31/03/07£11,532£11,349£183£0£-6,080£-6,435-6.8720
31/03/06£10,547£14,029£-3,482£0£0£0n/a00
31/03/05£10,538£12,654£-2,116£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 3%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 74%
Liabilities/Income: 579%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 28.6 months
Net Current Assets/Spending: 13 months
Quick Ratio: 1.4
Asset Split ?
Established: 20 years
(22 years as a company)

www.tworivershousing.org.uk

customerservices@2rh.org.uk

08003160897

Charity Commission for England and WalesCompanies HouseFacebookX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Disability
  • Economic/Community Development/Employment
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
Where it operates
  • Gloucestershire, Herefordshire,
Who it helps
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 160 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (7)
Current Trustees appointed
Gender Split

Age Range of Trustees: 53-67
  • EDWARD PEARCE Appointed: 2019, Occupation: Director Of Strategic Asset Management
  • RITA JONES Appointed: 2016, Occupation: Shop Assistant
  • TIM JACKSON Appointed: 2018, Occupation: Executive Director
Legal constitution
  • Charitable company registered in England & Wales on 02/07/2004, number: 1104723
  • Registered at Companies House on 02/08/2001, number: 04263691
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Homes England
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity 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
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
Filing Record
19 returns made; all on time
Main office

Rivers Meet
Cleeve Mill Lane
Newent
Glos
GL18 1DS

Objectives

1 THE COMPANY IS ESTABLISHED WITH THE FOLLOWING OBJECTS (THE OBJECTS): 1.1 TO PROVIDE SOCIAL HOUSING, HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS;1.2 TO PROVIDE FOR AGED, DISABLED, HANDICAPPED (WHETHER MENTALLY OR PHYSICALLY) OR CHRONICALLY SICK PERSONS IN NEED THEREOF HOUSES OR HOSTELS AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS;1.3 TO PROVIDE SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS TO AGED, DISABLED, HANDICAPPED (WHETHER MENTALLY OR PHYSICALLY) OR CHRONICALLY SICK PERSONS IN NEED THEREOF AND PROVIDE ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 1.4 TO PROVIDE RECREATION OR OTHER LEISURE FACILITIES IN THE INTEREST OF SOCIAL WELFARE WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE FOR THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK;1.5 TO RELIEVE POVERTY AMONGST RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK;1.6 THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE;1.7 MAINTAIN, IMPROVE OR PROVIDE PUBLIC AMENITIES FOR THE PUBLIC BENEFIT IN THE INTERESTS OF REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK

Defined Area of Benefit:

NOT DEFINED.

Data Sources

Charity Commission for England and Wales
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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