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home >> charity search >> commonweal housing limited
Finance Score: -5
Governance Score: 6
Support Score: 5
  • Excess reserves: -5
  • Good trustee age range: +3
  • Dynamic board: +3
  • Overall weighted support: +5
Overall GiG Score: 6 ?

COMMONWEAL HOUSING LIMITED

Commonweal is a housing based action learning charity. The charity creates and facilitates housing projects in partnership with expert delivery partners that incorporate bespoke services for occupiers enduring social injustice in order to demonstrate how these social injustices can be compassionately restored. It then shares key learning to aid others to shape and deliver future services.
Analysis by Giving is Great

Positives:

  • A significant proportion of recent income was derived from major grant makers
  • The Board appears to be well diversified in terms of age and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • This charity is not recognised by HMRC for Gift Aid according to its latest published return

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £10,155,578 available, equivalent to 120 months of spending and so may not be able to utilise additional funding
Find similar charities within: miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit £k		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/12/23£1,065£1,018£47£0£10,156£10,156119.780
31/12/22£877£796£81£0£9,929£9,929149.770
31/12/21£896£974£-78£0£10,954£10,95413560
31/12/20£1,020£918£102£0£5,366£5,36670.160
31/12/19£1,199£994£205£0£5,254£5,25463.461
31/12/18£857£1,105£-248£0£5,044£5,04454.860
31/12/17£903£1,035£-132£0£5,420£5,42062.860
31/12/16£887£825£63£0£5,606£5,60681.650
31/12/15£1,022£806£216£6£5,403£5,40380.540
31/12/14£802£645£157£6£4,990£4,99092.940
31/12/13£3,900£736£3,165£7£4,833£4,83378.830
31/12/12£1,120£662£458£7£1,669£1,58928.830
31/12/11£927£476£451£7£1,211£1,1112820
31/12/10£820£465£355£19£759£67317.320
31/12/09£440£276£164n/an/an/an/an/an/a
31/12/08£335£231£104n/an/an/an/an/an/a
31/12/07£322£201£120n/an/an/an/an/an/a
31/12/06£232£216£16n/an/an/an/an/an/a
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 22%
Highest pay band: £120,000-£130,000
Liabilities/Assets: 24%
Liabilities/Income: 298%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 119.7 months
Net Current Assets/Spending: -9 months
Quick Ratio: 0.4
Asset Split ?
Balance Sheet History
Established: 19 years

commonwealhousing.org.uk

office@commonweal.org.uk

020 7417 1766

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?
Listed activities
  • Accommodation/Housing
  • Education/Training
  • General Charitable Purposes
GiG Classification
  • Other facilities management and maintenance
How it operates
  • Makes grants to organisations
  • Provides buildings/facilities/open space
  • Provides human resources
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Throughout England,
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities

Who supports them? ?

Donations from Grant Makers ?

We have details on the following donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
Esmee Fairbairn - Social investment Commonweal Housing Ltd
£1,400,000 25/04/2023
Towards project costs An investment in the provision of social housing for youth affected by violence and the criminal justice system in North London
Esmee Fairbairn - Social investment Commonweal Housing Ltd
£500,000 07/07/2016
72
An investment in a shared housing project managed by Quaker Social Action supporting young adult carers living in east London.
Esmee Fairbairn - Grant to Commonweal Housing Ltd
£15,000 18/01/2016
24
Towards the post of development manager to support the next phase of the Peer Landlord Housing Project.
Esmee Fairbairn - Social investment Commonweal Housing Ltd
£375,760 12/03/2014
An investment in housing for refugees and asylum seekers.
Esmee Fairbairn - Social investment Commonweal Housing Ltd
£470,091 21/11/2012
An investment in housing for formerly homeless people in transition to private rented accommodation.

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (9)
Current Trustees appointed

Age Range of Trustees: 25-71
  • AMARJIT BAINS Appointed: 2020, Occupation: Aasc Contract Delivery Director (Mears Group Plc)
  • APHRA MACTAGGART Appointed: 2023, Occupation: Midwife
  • DR ELANOR JOAN PETRA WARWICK Appointed: 2022, Occupation: Architect
  • GARABED SHANT MEDAZOUMIAN Appointed: 2004, Occupation: Chartered Accountant
  • GERALD KELLY Appointed: 2024, Occupation: Solicitor
  • JOHN AULD MACTAGGART (Chair) Appointed: 2016, Occupation: Mp
  • JONATHAN DANIEL PORTES PROFESSOR Appointed: 2017
  • RUSSELL SCOTT EDWARDS Appointed: 2017, Occupation: Architect
  • SHELDON CHESTER SHILLINGFORD Appointed: 2020, Occupation: Project Surveyor - Leasehold (Investment Team)
Legal constitution
  • Charitable company registered in England & Wales on 20/03/2006, number: 1113331
  • Registered at Companies House on 22/12/2004, number: 05319765
Gift Aid
  • NOT registered with HMRC for Gift Aid
Policies in force
  • Complaints handling
  • 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
  • Volunteer management
Filing Record
18 returns made; all on time
Main office

COMMONWEAL HOUSING LTD
SPACES
Office Number 521
New Broad Street House
35 New Broad Street
LONDON

Objectives

THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED; AND/ORTHE ADVANCEMENT OF EDUCATION AND TRAINING IN PARTICULAR (BUT WITHOUT LIMITATION) IN RELATION TO HOUSING NEED

Defined Area of Benefit:

NOT DEFINED. IN PRACTICE LONDON BOROUGHS.

Data Sources

Charity Commission for England and Wales
360 Giving

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