Finance Score: -4

Governance Score: 3

Support Score: 3

Excess reserves: -3
Pension deficit: -1

Good trustee age range: +3

Gov Income
Grant maker support: +3

Overall GiG Score: 2

DURHAM AGED MINEWORKERS' HOMES ASSOCIATION

Provision of housing for older people.

Analysis by Giving is Great

Positives:

The charity has received Government grants
The Board appears to be well diversified in terms of age

Financial issues to consider:

This charity has substantial assets and unrestricted reserves of £26,050,000 available, equivalent to 41 months of spending and so may not be able to utilise additional funding
There is a pension deficit of £1,163,000

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
31/03/23	£8,960	£7,694	£1,266	£0	£27,517	£26,050	40.6	27
31/03/22	£8,475	£6,824	£1,651	£0	£26,357	£24,905	43.8	26
31/03/21	£0	£0	£0	n/a	n/a	n/a	n/a	n/a

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 2%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 68%
Liabilities/Income: 673%
Unrestricted Funds/Total Funds: 95%
Reserves/Spending: 40.6 months
Net Current Assets/Spending: 9 months
Quick Ratio: 2.7

Asset Split ?

Established: 4 years

http://www.damha.org.uk/

info@damha.org.uk

01913881111

Charity Commission for England and Wales

Listed activities

Accommodation/Housing
Disability

GiG Classification

Other facilities management and maintenance

How it operates

Provides buildings/facilities/open space
Provides services

Where it operates

Durham, Gateshead, Northumberland, South Tyneside, Sunderland,

Who it helps

Elderly/Old People
People With Disabilities

Who works here?

27 employees

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (8)

Current Trustees appointed

Gender Split

Age Range of Trustees: 39-69

ANNE ROWLANDS (Chair) Appointed: 2021, Occupation: Ceo Of Housing Association

CATHERINE LOUISE BUCKTON Appointed: 2021, Occupation: New Build Director

DIANE CARNEY Appointed: 2022, Occupation: Director

NICHOLAS MALYAN Appointed: 2023, Occupation: Ceo

PAULINE BOLL Appointed: 2023, Occupation: Retired

GILLIAN BRAMFITT Appointed: 2021, Occupation: Self-Employed

KATE ABSON Appointed: 2021, Occupation: Director Of Development, Other trusteeship: REDHILLS CIO,

MARK DAVID REID Appointed: 2021, Occupation: Retired

Legal constitution

Charitable company registered in England & Wales on 26/08/2020, number: 1191033
Registered at Companies House on 21/07/2020, number: 12758375

Gift Aid

NOT registered with HMRC for Gift Aid

Other Regulators

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
Social media policy and procedures
Trustee conflicts of interest policy and procedures
Trustee expenses policy and procedures

Filing Record

3 returns made; all on time

Recent reorganisation events:

Asset transfer in from DURHAM AGED MINEWORKERS' HOMES ASSOCIATION on 24/11/2021

Main office

Durham Aged Mineworkers Homes Association
PO Box 31
CHESTER LE STREET
County Durham
DH3 3YH

Objectives

1.1 TO PROVIDE AND MAINTAIN SERVICES AND FACILITIES FOR AGED, INFIRM OR DISABLED PERSONS OR THOSE IN FINANCIAL NEED, WITH PARTICULAR REGARD FOR THE NEEDS OF THE ORIGINAL BENEFICIARIES.

Data Sources