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Greenwich Housing Rights
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Reference and Administrative Details 1
Report of the Trustees 2 to 9
Report of the Independent Auditors 10 to 13
Statement of Financial Activities 14
Statement of Financial Position 15
Statement of Cash Flows 16
Notes to the Statement of Cash Flows 17
Notes to the Financial Statements 18 to 24
Detailed Statement of Financial Activities 25
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Greenwich Housing Rights
Reference and Administrative Details
for the Year Ended 31 March 2025
TRUSTEES S Choudhury
G Littlewood (Chair)
J Hodge (Treasurer)
R Grewal
M Phillips
N Smith
F M Kiangala
M G Martin (resigned 30.1.25)
M Conteh
COMPANY SECRETARY P M Robotham
REGISTERED OFFICE 36 Wellington Street
Woolwich
London
SE18 6PE
REGISTERED COMPANY 01874645 (England and Wales)
NUMBER
REGISTERED CHARITY 1089705
NUMBER
INDEPENDENT AUDITORS Ardor Business Solutions Limited
Statutory Auditors
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE
BANKERS Unity Trust Bank plc
Nine Brindley Place
Birmingham
B1 2HB
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Greenwich Housing Rights
Report of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their
report with the financial statements of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and activities
The objectives set out in the Charity's Memorandum of Association are 'to relieve the poverty of persons in
Greenwich and surrounding areas by the provision of free advice and assistance concerning housing and
accommodation issues, and to advance public education about housing matters.’
The Charity provides specialist housing legal advice, casework and representation which is free to those who
could not otherwise afford to receive legal services. Since 2020 the organisation has also provided a Crisis
Navigation Service to people facing homelessness and eviction which covers welfare benefits, debt advice
and casework to support the housing casework.
The main objectives and activities undertaken in relation to these purposes are to:
a) reduce homelessness and improve housing conditions by providing legal advice and representation
services, including a Legal Aid Casework and Litigation Service; a specialist advice service open to anyone in
housing need in the Royal Borough of Greenwich (RBG) and the surrounding areas, including Bexley and
Bromley; a housing possession court duty service in Bromley County Court and Bexley Magistrates Courts;
collaboration with local partner agencies to provide specialist housing advice services at outreach locations
across the Royal Borough of Greenwich; and a Crisis Navigation service providing primarily welfare benefits
and debt advice to people facing homelessness or eviction.
b) increase access to quality advice by awareness raising, partnership work and influencing decision-makers
locally and further afield, including delivery of a partnership-based advice service such as The Royal Borough
of Greenwich Advice Hubs, Advice in Schools Hub and the Clockhouse and Charlton Community Centres
service.
c) increase employment and career prospects by offering people from non-traditional backgrounds with work
experience, legal practice skills and training in social welfare law.
Public benefit
The Trustees referred to guidance contained in the Charity Commission's general guidance on public benefit
when reviewing the Charity's objectives and in planning and reviewing our activities. The activities,
beneficiaries and benefits provided by the Charity are described throughout the sections of this report.
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Greenwich Housing Rights
Report of the Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Achievements and performance
Charitable activities
Reducing homelessness through the provision of legal advice and representation
During the financial period 2024/25, the Charity ceased to carry out Housing Loss Prevention Work and had
5066 separate interactions with the public.
- 60% are from the Royal Borough of Greenwich
- 15 % from Bromley or Bexley boroughs
Of the new work carried out:
2125 clients (75 %) - Advice
456 clients (16 %) - Casework
51 clients (2%) - Trust for London (TFL) - Crisis Navigation
203 clients (7%) - Other work, including duty possession
The charity also assisted
115 Cost of Living Crisis Navigation clients
122 existing clients,
197 Cost of Living client
1761 acts of triage
The Charity continued to support the most vulnerable residents with
- approximately 63% from a minoritised ethnic group.
- 5% with a disability
- 16% Aged over 60 (with 99 clients aged 70 and above)
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Greenwich Housing Rights
Report of the Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Financial review
Principal funding sources
The Charity acknowledges with gratitude the generosity of those who provided funding, many of whom
provided an uplift on contracts and grants.
During 2024/25, the Charity's principal funding sources were:
(1) A Funding Agreement with the Royal Borough of Greenwich to 2027
(2) A grant from the Royal Borough of Greenwich to provide daily outreach advice services across the
borough in hubs
(3) Income generated from cases undertaken under our Legal Aid Agency Housing & Debt contract to June
2027;
(4) To the 31 August 2025, Income generated from providing housing advocacy services at Bromley County
Court and its satellite court at Bexley Magistrates' Court under our Legal Aid Agency Housing Loss Prevention
Advice Scheme (HLPAS)
(5) To July 2024, Trust for London funding for Crisis Navigation, welfare benefits and debt work;
(6) The Greater London Authority/London Legal Support Trust funding for the Cost of Living advice service to
Bromley and Bexley residents
(7) The Greater London Authority/London Legal Support Trust funding for a Crisis Navigation service for the
residents of Greenwich and the surrounding boroughs
(8) The Greater London Authority/London Legal Support Trust funding for specialist billing support to enable
the charity to maximise its fee income.
(9) The Greater London Authority/Peabody Community Foundation funding of the Advice in Schools service
to Thamesmead residents
(10) Ministry of Justice funding to November 2025 to train a Housing Solicitor
(11) The Legal Education Justice First Fellowship funding to March 2026 to train a Housing Solicitor
(12) National Lottery grant in partnership with Clockhouse Community Centre to 2027, providing outreach
advice services to Greenwich residents
(13) In addition, the Charity receives several grants and donations to support the general activities of the
Organisation.
Income and expenditure
The income received in 2024/25 of £501,280 was more than the £469,394 received in 2023/24. Expenditure
in the year was £499,508 as opposed to £447,812 in 2023/4, resulting in a net surplus of £1,772 for the year.
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Greenwich Housing Rights
Report of the Trustees
for the Year Ended 31 March 2025
STRATEGIC REPORT
Financial review
Reserves and investment policies and plans
Total funds held at the 31st March 2025 are £141,368 (£139,596 for 2023/4).
The Charity's Trustees have agreed a reserves policy designed to ensure financial resilience and compliance
with Charity Commission guidance (CC19). The policy sets aside funds in the event of an unplanned closure
to:
(1) potential winding up costs and maintain service delivery for two months;
(2) cover statutory redundancy payments only, reflecting our minimum legal obligations under employment
law.
(3) provide 'seed' funding for investment in service developments and new projects.
By basing reserves on statutory redundancy only, we provide a clear, objective standard that trustees can
monitor and review. This approach is consistent with sector practice to avoid overestimating liabilities and
ensures that the reserves remain proportionate to the organisation's size and risk profile.
Since 2025-26, the organisation has not offered enhanced redundancy terms.
The reserves policy is disclosed in this report and reviewed annually to ensure it remains appropriate to the
charity's size, risk profile, and financial forecasts.
The Trustees assessed the reserves requirement for 2025/26 at £111,794. The Charity's reserves held
exceeds it own assessed reserve requirements. The reserves are based on a worst-case scenario and a
conservative calculation of Work in Progress (WIP). Normally, WIP includes an uplift of 20% or 50% to reflect
the likelihood that most cases will generate additional income as they progress.
The Trustees have implemented plans to keep improving billing processes, for ongoing costs reviews and
monitoring and strengthened cashflow oversight. These steps aim to ensure the Charity maintains sufficient
funds to cover costs and keep reserves to the required level.
Going concern
Projections prepared for 2025/26 show an adequate financial position over the period with sufficient reserves
and cash. The Charity has assessed the financial impact of the loss of the HLPAS contract and is looking for
opportunities to build other income streams. Based on cash flow forecasts and mitigation plans, the Trustees
are satisfied that the Charity remains a going concern.
Principal risks and uncertainties
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The Management Committee has established a risk register of the major risks to which the Charity is
exposed. The register is reviewed annually to inform the annual planning process and where appropriate,
systems or procedures have been established to mitigate the risks.
Internal control risks are minimised by the implementation of procedures for the delivery of the Charity's
services and authorisation of all transactions and projects. Procedures are in place to ensure compliance
with health and safety for staff, volunteers and clients.
Plans for future periods
The Trustees are keenly aware that their responsibilities include the duty to plan for the future and to prepare
the Charity for the risks and opportunities they have identified beyond the current financial year.
Despite the loss of the Bromley County Court Housing Loss Prevention Advice Service (HLPAS) contract in
September 2025. As of the 31st of March 2025, The Charity has secured 3 principal sources of income for at
least 12 months ahead, with a new funding agreement with the RBG for 2023-2027.
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Report of the Independent Auditors to the Members of
Greenwich Housing Rights
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditors' report and for
no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone
other than the charitable company and the charitable company's members as a body, for our audit work, for
this report, or for the opinions we have formed.
Bryan Kemsley FCCA FMAAT (Senior Statutory Auditor)
for and on behalf of Ardor Business Solutions Limited
Statutory Auditors
Chartered Certified Accountants
Unit 1
Shrine Barn
Sandling Road
Hythe
Kent
CT21 4HE
Date: ......cceccececeeeeeeeeeeeeteeeeeeeeeeeeeeees
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E E E
164,875
?
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E
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? ? ?
|E|E||E|E|
|---|---|---|---|---|
|114,992||?|114,992|129,223|
|45,755||?|45,755|56,354|
|160,747||?|160,747|185,577|
|(15,615)||?|(15,615)|(44,058)|
|145,132||?|145,132|141,519|
|145,132||?|145,132|141,519|
|(3,764)||?|(3,764)|(1,923)|
|141,368||?|141,368|139,596|
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
E E
E E
**2C**
E E E
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Greenwich Housing Rights
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102,
have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements
have been prepared under the historical cost convention.
The presentation currency of the financial statements is the Pound Sterling (£) which is the functional
currency of the company.
Monetary amounts in these financial statements are rounded to the nearest Pound Sterling (£).
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the
funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cost
related to the category. Where costs cannot be directly attributed to particular headings they have been
allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Improvements to property - 25% on cost
Office equipment - 25% on cost
Assets with an individual cost in excess of £1,000 are capitalised. Those below this amounts are
treated as a revenue expense in the year of purchase.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
Pension costs and other post-retirement benefits
The charitable company participates in a multi-employer pension scheme. The scheme is a defined
benefit scheme in the UK.
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1
## **2C**
## **1C**
||31/3/25|31/3/24|
|---|---|---|
||E|E|
||481,596|448,063|
||Support||
|Direct
Costs|costs (see
note 4)|Totals|
|E|E|E|
|496,108|3,400|499,508|
|||Governance|
|||costs|
|||E|
|||3,400|
||31/3/25|31/3/24|
||E|E|
E
## E
E ?
## E
E
?
|||E||E|E|
|---|---|---|---|---|---|
||TOTAL FUNDS CARRIED FORWARD|139,596||?|139,596|
|**%C**|TANGIBLE FIXED ASSETS|||||
|||Improvements||||
|||to||Office||
|||property||equipment|Totals|
|||E||E|E|
||COST|||||
||At 1 April 2024 and 31 March 2025|3,020||76,414|79,434|
||DEPRECIATION|||||
||At 1 April 2024 and 31 March 2025|3,020||76,414|79,434|
||NET BOOK VALUE|||||
||At 31 March 2025||?|?|?|
||At 31 March 2024||?|?|?|
|10.|DEBTORS: AMOUNTS FALLING DUE WITHIN|ONE YEAR||||
|||||31/3/25|31/3/24|
|||||E|E|
||Trade debtors|||16,005|14,509|
||H1!|||161|?|
||Prepayments and accrued income|||98,826|114,714|
|||||114,992|129,223|
|11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31/3/25|31/3/24|
|||||E|E|
||Social securityand other taxes|||7,757|6,591|
||VAT|||?|457|
E E
E E 3,764 1,923 Net At funds 31/3/25 E E 1,772 141,368 1,772 141,368 Movement in funds E E 1,772 ? ? ? 1,772 ? ? ? ? ?
|E|E|E||E|
|---|---|---|---|---|
|62,218|60,316|17,062|139,596||
|14,630|(14,630)|?||?|
|24,224|(24,224)|?||?|
|3,338|(3,338)|?||?|
|13,604|3,458|(17,062)||?|
|55,796|(38,734)|(17,062)||?|
|118,014|21,582|?|139,596||
|the above|are as follows:||||
||Incoming|Resources|Movement|Movement|
||resources|expended|in funds||
||E|E||E|
||154,639|(94,323)||60,316|
||11,000|(11,000)||?|
||165,639|(105,323)||60,316|
||5,000|(19,630)||(14,630)|
||44,500|(68,724)||(24,224)|
||1,700|(5,038)||(3,338)|
||61,208|(57,750)||3,458|
||10,000|(10,000)||?|
||105,000|(105,000)||?|
||66,750|(66,750)||?|
||9,597|(9,597)||?|
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Greenwich Housing Rights
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
13. MOVEMENT IN FUNDS - continued
Funds
Royal Borough of Greenwich (RBG) Service Level Agreement - Main Grant to support the delivery of
Specialist Level Housing Advice Services.
- Trust for London
- Access to Justice Foundation
- Justice First Fellowship Foundation
- GLA via Peabody (Advice in Schools)
- London Legal Support Trust
Transfers between funds represents an allocation of employment costs in respect of a member of staff
previously classified as being from unrestricted funds. These costs were supported by a restricted
grant.
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
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