Finance Score: 0

Governance Score: 6

Support Score: 5

Excess reserves: -5
Future income +5

Good trustee age range: +3
Dynamic board: +3

Grant maker support: +5

Overall GiG Score: 11

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:

The charity has received modest backing from a grant maker and there are significant future grants due to be received
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 £9,928,526 available, equivalent to 150 months of spending and so may not be able to utilise additional funding

Established: 18 years

commonwealhousing.org.uk

office@commonweal.org.uk

020 7417 1766

Charity Commission for England and Wales

Tweets

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
31/12/22	£877	£796	£81	£0	£9,929	£9,929	149.7	7	0
31/12/21	£896	£974	£-78	£0	£10,954	£10,954	135	6	0
31/12/20	£1,020	£918	£102	£0	£5,366	£5,366	70.1	6	0
31/12/19	£1,199	£994	£205	£0	£5,254	£5,254	63.4	6	1
31/12/18	£857	£1,105	£-248	£0	£5,044	£5,044	54.8	6	0
31/12/17	£903	£1,035	£-132	£0	£5,420	£5,420	62.8	6	0
31/12/16	£887	£825	£63	£0	£5,606	£5,606	81.6	5	0
31/12/15	£1,022	£806	£216	£6	£5,403	£5,403	80.5	4	0
31/12/14	£802	£645	£157	£6	£4,990	£4,990	92.9	4	0
31/12/13	£3,900	£736	£3,165	£7	£4,833	£4,833	78.8	3	0
31/12/12	£1,120	£662	£458	£7	£1,669	£1,589	28.8	3	0
31/12/11	£927	£476	£451	£7	£1,211	£1,111	28	2	0
31/12/10	£820	£465	£355	£19	£759	£673	17.3	2	0
31/12/09	£440	£276	£164	£0	£0	£0	n/a	0	0
31/12/08	£335	£231	£104	£0	£0	£0	n/a	0	0
31/12/07	£322	£201	£120	£0	£0	£0	n/a	0	0
31/12/06	£232	£216	£16	£0	£0	£0	n/a	0	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0%
Fundraising Costs/Total Spending: 0%
Senior Staff Costs/Total Spending: 17%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 28%
Liabilities/Income: 434%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 149.7 months
Net Current Assets/Spending: -20 months
Quick Ratio: 0.5

Asset Split ?

Listed activities

Accommodation/Housing
Education/Training
General Charitable Purposes

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 works here?

7 employees

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
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: 24-70

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, Other trusteeship: MUSIKO MUSIKA,

GARABED SHANT MEDAZOUMIAN Appointed: 2004, Occupation: Chartered Accountant

GERALD KELLY Appointed: 2024, Occupation: Solicitor

JOHN AULD MACTAGGART (Chair) Appointed: 2016, Occupation: Mp, Other trusteeship: THE JOHN MACTAGGART TRUST,

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
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Filing Record

17 returns made; all on time

Main office

COMMONWEAL HOUSING LTD
SPACES, Office Number 122
New Broad Street House
35 New Broad Street
LONDON
EC2M 1NH

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