Overall GiG Score: 14 ?
Finance Score: 2
Governance Score: 9
Support Score: 3
  • Low unrestricted reserves: -2
  • Pension deficit: -1
  • Strong growth: +2
  • Fundraising costs low: +3
  • Good trustee age range: +3
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +3

THE HOUSING ASSOCIATIONS' CHARITABLE TRUST 

HACT is a charity, social enterprise and industry-focused think/do tank established by the housing association sector.Our aim is to work with the housing sector, government, civil society and communities to develop and share innovative approaches to meeting changing needs. We seek to influence and innovate in ways which help housing providers deliver more effectively within their communities.
Analysis by Giving is Great

Positives:

  • The charity has received backing from a grant maker
  • There has been strong growth in spending over the last 5 years
  • There have been no material income shortfalls in recent years
  • Fundraising costs are unusually low relative to funds raised
  • The Board appears to be well diversified in terms of age and gender 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:

  • Unrestricted reserves appear to be dangerously low at the latest year end
  • There is a pension deficit of £547,191
Established: 21 years

www.hact.org.uk

info@hact.org.uk

02072508500

Charity Commission for England and WalesCompanies HouseX
UN SDGs
?

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£3,555£3,072£484£33£1,416£5182240
31/03/22£3,556£3,555£0£81£1,578£1,2884.3180
31/03/21£2,559£2,201£358£33£396£-84-0.5160
31/03/20£1,561£1,587£-26£4£461£4213.2140
31/03/19£1,360£1,514£-154£6£-68£-115-0.9140
31/03/18£1,100£1,533£-434£3£275£1921.5150
31/03/17£1,064£1,297£-233£1£702£7026.5150
31/03/16£1,107£1,500£-392£4£914£9147.3170
31/03/15£1,666£1,236£431£18£885£8858.6120
31/03/14£1,166£1,183£-17£19£454£4254.3100
31/03/13£1,111£952£159£21£471£4035.190
31/03/12?£1,015£1,604£-589£22£312£3382.5100
31/12/10£1,715£1,732£-17£22£901£3502.4100
31/12/09£917£1,201£-284£22£898£3363.4100
31/12/08£1,041£982£59£29£1,160£4044.9100
31/12/07£941£935£6£110£1,101£4365.690
31/12/06£794£904£-110£0£0£0n/a00
31/12/05£1,189£1,188£0£0£0£0n/a00
31/12/04£1,159£1,132£28£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 0.9%
Fundraising Costs/Total Spending: 1.1%
Senior Staff Costs/Total Spending: 9%
Highest pay band: £90,000-£100,000
Liabilities/Assets: 19%
Liabilities/Income: 13%
Unrestricted Funds/Total Funds: 37%
Reserves/Spending: 2 months
Net Current Assets/Spending: 5 months
Quick Ratio: 2.2
Asset Split ?
What it does
  • Accommodation/Housing
  • Economic/Community Development/Employment
  • The Prevention Or Relief Of Poverty
Who works here?
  • 24 employees
Who it helps
  • Children/Young People
  • Elderly/Old People
  • Other Charities Or Voluntary Bodies
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Organisations
  • Provides advocacy/advice/information
  • Provides other finance
  • Sponsors or undertakes research
Where it operates
  • Northern Ireland, Scotland,

Who's supporting them? ?

Donations from Grant Makers ?

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

Specific Donations
Amount When
Months
To be used for
Barrow Cadbury Trust - Rent-Flex evaluation transfer
£48,000 24/03/2021
19
To fund an evaluation of the trial stage of the Rent-flex Scheme.
Tudor Trust - Grant to HACT
£15,000 03/08/2018
12
over one year as continuation funding towards salaries and associated costs for a programme supporting self-help housing across England
Tudor Trust - Grant to HACT
£52,500 21/05/2015
36
over three years as continuation funding towards salaries and other costs for a programme which aims to bring empty homes back into use across England and Wales
Tudor Trust - Grant to HACT
£20,000 29/05/2014
over one year as continuation funding towards capacity building for voluntary organisations applying to DCLG's Empty Homes Programme
National Lottery Community Fund - Accommodate and Reach in : Housing and employment Activities for Refugees
£184,538 12/10/2011
24
The Housing Associations Charitable Trust will work with housing providers to provide voluntary work and mentoring placements for refugees helping them to develop new skills to improve employment ....more
National Lottery Community Fund - up2us
£10,000 08/09/2011
12
Project by a community organisation based in London with beneficiaries in Oxfordshire. The group will run an evaluation study to assess whether individual budget holders within the personalisation ....more

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (11)
Current Trustees appointed
Gender Split
Based on 10/11 persons

Age Range of Trustees: 38-61
Legal constitution
  • Charitable company registered in England & Wales on 02/04/2003, number: 1096829
  • Registered at Companies House on 11/10/2002, number: 04560091
Gift Aid
  • NOT registered with HMRC for Gift Aid
Event History
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
  • Volunteer management
Filing Record
19 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from SUSTAINABLE LIVING FOUNDATION on 01/06/2021
  • Asset transfer in from HCI (UK) LIMITED on 11/06/2021
Main office

CAN Mezzanine
7-14 Great Dover Street
London
SE1 4YR

Objectives

TO FURTHER ALL PURPOSES WHICH ARE CHARITABLE ACCORDING TO ENGLISH LAW

Defined Area of Benefit:

NATIONAL

Data Sources

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

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