Finance Score: 1

Governance Score: -4

Support Score: 0

Liabilities <10%: +3
Excess reserves: -5
Fundraising costs low: +3

Only 4 Trustees: -1
Static board: -3

No supporters identified

Overall GiG Score: -3

MERCERS' COMPANY HOUSING ASSOCIATION

THE MERCERS' COMPANY HOUSING ASSOCIATION:1. PROVIDES HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; AND2. PROVIDES FOR AGED PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS.

Analysis by Giving is Great

Positives:

This charity has a robust balance sheet
There have been no material income shortfalls in recent years
Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board composition appears to be rather static

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £4,431,000 available, equivalent to 80 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	Volun- teers
31/03/23	£691	£667	£24	£0	£4,431	£4,431	79.7	83
31/03/22	£629	£677	£-48	£2	£4,419	£4,419	78.3	83
31/03/21	£631	£488	£143	£0	£2,996	£2,996	73.7	42
31/03/20	£630	£457	£173	£0	£2,853	£2,853	74.9	88
31/03/19	£631	£574	£57	£0	£2,680	£2,680	56	74
31/03/18	£453	£755	£-302	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.6%
Fundraising Costs/Total Spending: 0.6%
Highest pay band: Less than £60,000
Liabilities/Assets: 4%
Liabilities/Income: 27%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 79.7 months
Net Current Assets/Spending: 6 months
Quick Ratio: 2.2

Asset Split ?

Established: 7 years

mercers.co.uk

info@mercers.co.uk

02077767213

Charity Commission for England and Wales

Listed activities

The Prevention Or Relief Of Poverty

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Islington,

Who it helps

Elderly/Old People
People With Disabilities
The General Public/Mankind

Who works here?

Unknown number of employees
83 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (4)

Current Trustees appointed

Gender Split

Age Range of Trustees: 56-83

ANTHONY BEVERLEY TOTTON Appointed: 2016, Occupation: Company Director

JOHN RODERICK GRAHAM Appointed: 2019, Occupation: Company Director, Other trusteeship: MANSION HOUSE SCHOLARSHIP SCHEME,

LUCY FIONA WALSH WARING Appointed: 2019, Occupation: None

ADAM SEDGWICK Appointed: 2015, Occupation: Retired, Other trusteeships: The Almshouse Association, DEDHAM VALE SOCIETY, LADY ANNE WINDSOR CHARITY, DEDHAM VALE SOCIETY, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. MARY, STOKE BY NAYLAND,

Legal constitution

Charitable company registered in England & Wales on 27/03/2017, number: 1172263
Registered at Companies House on 28/06/2016, number: 10255806

Gift Aid

NOT registered with HMRC for Gift Aid

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
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

6 returns made; all on time

Main office

6 Frederick's Place
LONDON
EC2R 8AB

Objectives

THE OBJECTS OF THE CHARITY ARE FOR THE PUBLIC BENEFIT:A. THE PROVISION OF HOUSING AND ANY ASSOCIATED AMENITIES FOR PERSONS IN NECESSITOUS CIRCUMSTANCES UPON TERMS APPROPRIATE TO THEIR MEANS; ANDB. THE PROVISION FOR AGED PERSONS IN NEED THEREOF HOUSING AND ANY ASSOCIATED AMENITIES SPECIALLY DESIGNED OR ADAPTED TO MEET THE DISABILITIES AND REQUIREMENTS OF SUCH PERSONS.

Data Sources