Finance Score: -4
Governance Score: 6
Support Score: 3
  • Excess reserves: -4
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gov Income
  • Grant maker support: +3
Overall GiG Score: 5 ?

EAST END HOMES LIMITED 

EastendHomes is in business to provide its residents of Tower Hamlets with quality homes, sustainable estates, and effective and efficient local housing services. EastendHomes principal activities are to effectively manage, maintain and develop homes, and to improve and regenerate its estates.
Analysis by Giving is Great

Positives:

  • The charity has received Government grants
  • 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 age and dynamic in terms of composition

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £87,156,000 available, equivalent to 43 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*£27,889£24,198£3,691£0£87,156£87,15643.29311
31/03/22£21,402£22,506£-1,104£0£80,593£80,59343964
31/03/21£21,342£18,867£2,475£0£78,685£78,685501000
31/03/20£23,150£21,765£1,385£0£76,314£76,31442.1990
31/03/19£22,147£19,002£3,145£0£71,542£71,54245.21100
31/03/18£22,429£17,920£4,509£0£69,671£69,67146.71130
31/03/17£26,067£16,861£9,206£0£64,710£64,71046.11110
31/03/16*£36,921£16,622£20,299£0£54,017£54,017391150
31/03/15£25,189£16,393£8,796£0£31,360£35,60826.11160
31/03/14*£21,880£15,523£6,357£0£24,677£26,81220.71160
31/03/13*£18,126£15,221£2,905£0£17,325£20,45616.11130
31/03/12*£17,308£13,381£3,927£0£15,742£17,55115.7990
31/03/11*£14,279£12,711£1,568£0£11,716£11,95111.3980
31/03/10£15,002£12,040£2,962£0£7,234£11,29211.3960
31/03/09£13,191£11,787£1,404£0£9,244£9,6109.8930
31/03/08*£11,774£10,870£904£0£8,509£7,9808.8940
31/03/07£11,666£8,573£3,093£0£3,929£3,5465760
31/03/06£7,037£6,399£638£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 66%
Liabilities/Income: 571%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 43.2 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.5
Asset Split ?
Established: 19 years
(21 years as a company)

www.eastendhomes.net

info@eastendhomes.net

02075174700

Charity Commission for England and WalesCompanies House
UN SDGs
?
Listed activities
  • Accommodation/Housing
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
  • Newham, Tower Hamlets,
Who it helps
  • Elderly/Old People
  • People With Disabilities
  • The General Public/Mankind
Who works here?
  • 93 employees
  • 11 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (12)
Current Trustees appointed

Age Range of Trustees: 38-66
  • TRACEY GRAY Appointed: 2023, Occupation: Housing Consultant
  • EMMA PALMER Appointed: 2023, Occupation: Chief Executive
Legal constitution
  • Charitable company registered in England & Wales on 18/01/2005, number: 1107691
  • Registered at Companies House on 21/08/2002, number: 04516155
Gift Aid
  • NOT registered with HMRC for Gift Aid
Other Regulators
  • Financial Conduct Authority
  • Homes England
Policies in force
  • 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
Filing Record
18 returns made; AR23: 14 days late, AR16: 1 days late, AR14: 0 days late, AR13: 2 days late, AR12: 2 days late, AR11: 0 days late, AR08: 0 days late,
Main office

East End Homes Ltd
3 Resolution Plaza
LONDON
E1 6PS

Objectives

THE OBJECTS OF THE COMPANY SHALL BE PRIMARILY IN THE AREA OF TOWER HAMLETS TO: 3.1 PROVIDE HOUSING SOCIAL HOUSING HOSTELS AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; 3.2 PROVIDE FOR AGED, DISABLED OR CHRONICALLY SICK PERSONS IN NEED THEREOF HOUSING OR HOSTELS AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS; 3.3 PROVIDE SERVICES, ADVICE OR ASSISTANCE UPON TERMS APPROPRIATE TO THEIR MEANS TO AGED, DISABLED 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; 3.4 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; 3.5 RELIEVE FINANCIAL HARDSHIP AMONGST THE RESIDENTS OF THE LOCAL AUTHORITY AREA IN WHICH THE COMPANY OWNS OR MANAGES HOUSING STOCK; 3.6 ADVANCE EDUCATION, TRAINING OR RETRAINING, PARTICULARLY AMONG UNEMPLOYED PEOPLE AND PROVIDING UNEMPLOYED PEOPLE WITH WORK EXPERIENCE; 3.7 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; 3.8 PROMOTE PUBLIC SAFETY AND PREVENT CRIME; 3.9 ANY OTHER CHARITABLE OBJECTIVE THAT CAN BE CARRIED OUT FROM TIME TO TIME BY A NON-PROFIT REGISTERED PROVIDER OF SOCIAL HOUSING REGISTERED AS SUCH WITH THE REGULATOR.

Defined Area of Benefit:

LONDON BOROUGH OF TOWER HAMLETS

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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