Trustees’ Annual Report for the period
From 1 July 2024 To 30 June 2025
Charity name: Artizans Housing Association
Charity registration number: 1162129
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | To assist in the relief of poverty by providing affordable housing for people suffering from financial hardship, making grants or providing loans to people suffering financial hardship to enable them to meet the costs of accommodation appropriate to their needs and to provide furniture, furnishings and household items utilising the CIO’s own properties. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The activities in the year include the continued maintenance of the properties held by the CIO which were rented to those suffering from financial hardship at an affordable rate. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | In setting the objectives and planning the activity of the charity, the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit. |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | The Charity continued to maintain the properties to an acceptable standard. Rental increases were made during the year. Grants were allocated to applications from the CIO’s normal beneficiary class for necessary housing needs. |
1
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Cash reserves and investments held as at 30 June 2025 totalled £6,037,281. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Charity has no reserves policy on the basis that it uses funds generated from investment assets to provide affordable housing using available funds. The CIO has large investment property portfolio and a large cash asset and therefore no need for a specific reserve policy. |
| Amount of reserves held | Para 1.22 | As above |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Artizans Housing Association (Charity number 1162129, the “new charity” or “the CIO”) was registered on 11 June 2015 as a Charitable Incorporated Organisation, a charity registered as a body corporate under Part 11 of the Charities Act 2011. On 10 February 2016 the assets and liabilities of Artizans Housing Association and Trust (Charity number 212370, the “ old charity”) passed under permanent endowment to Artizans Housing Association the new charity through a vesting declaration dated 10.2.2016 and the new charity commenced activity on the same date. |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Elected by existing trustees in accordance with the powers conferred on them by the Trustee Act 2000. |
2
Additional Information
| Relationship with any related parties |
One Trustee (CP Stewart) was remunerated £15,667 for managing Artizans Housing Association’s fifteen properties in line with clause 6.1 of the Constitution. |
|
|---|---|---|
Reference and Administrative details
| Charity name | Artizans Housing Association |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1162129 |
| Charity’s principal address | Artizans Housing Association Flat 4 Ashwood Lodge 80 Station Road New Barnet EN5 1QP |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Colin Philip Stewart |
Chair | |||
| Becky Stewart | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
3
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Colin Stewart Position (eg Chair Secretary, Chair, etc) Date 31 March 2026
4
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages |
Charity Name Artizans Housing Association |
Charity Name Artizans Housing Association |
Charity Name Artizans Housing Association |
|---|---|---|---|
| 30 June 2025 | Charity no (if any) |
1162129 | |
| 6-7 (remember to include the page numbers of additional sheets) |
- I report to the trustees on my examination of the accounts of the above charitable incorporated organisation (CIO) for the year ended 30 June 2025.
Responsibilities and As the charity trustees you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
-
accounting records were not kept in accordance with section 130 of the Act or
-
the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body (if any): Address: |
31 March 2026 | |
|---|---|---|
| Hazra Patel | ||
| ACA | ||
| Lubbock Fine LLP, Chartered Accountants | ||
| 65 St Paul’s Churchyard London |
||
| EC4M 8AB |
October 2018
5
IER7
| Artizans Housing Association Charity Name |
Artizans Housing Association Charity Name |
Artizans Housing Association Charity Name |
Artizans Housing Association Charity Name |
Artizans Housing Association Charity Name |
1162129 No (if any) |
1162129 No (if any) |
1162129 No (if any) |
CC16a | |
|---|---|---|---|---|---|---|---|---|---|
| For the period from |
01/07/2024 Period start date |
To | 30/06/2025 Period end date |
||||||
| Section A Receipts and payments | |||||||||
| A1 Receipts | Unrestricted funds to the nearest £ 163,997 20,069 16,213 - - - - - |
Restricted funds to the nearest £ - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - |
Total funds to the nearest £ 163,997 20,069 16,213 - - - - - 200,278 - - - 200,278 34,447 60 60 2,860 12,010 17,397 1,125 7,865 - - 15,667 800 92,291 - - - 92,291 |
Last year to the nearest £ |
||||
| Rental Income | 163,997 | - | - | 163,997 | 157,750 | ||||
| Bank Interest | 20,069 | - | - | 20,069 | 10,750 | ||||
| Insurance Claim | 16,213 | - | - | 16,213 | - | ||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| - | - | - | - | - | |||||
| Sub total(Gross income for AR) |
200,278 |
- | - | 200,278 | 168,500 | ||||
| - - - |
- - - |
- - - |
|||||||
| A2 Asset and investment sales, (see table). |
|||||||||
| - | |||||||||
| - | - | ||||||||
| Sub total | - | - | |||||||
| Total receipts A3 Payments |
|||||||||
| 200,278 | - | - | 200,278 | 168,500 | |||||
| 34,447 60 60 2,860 12,010 17,397 1,125 7,865 - - 15,667 800 92,291 - - |
- - - - - - - - - - - - - - - |
- - - - - - - - - - - - - - - |
|||||||
Repairs and Maintenance |
34,447 | 77,106 | |||||||
| Legal and Professional Fees | 60 | 1,503 | |||||||
| Bank Charges | 60 | 60 | |||||||
| Trustee Expenses | 2,860 | - | |||||||
| Admin Fees | 12,010 | 6,800 | |||||||
| Service Charges | 17,397 | 14,451 | |||||||
| Sundries | 1,125 | 2,159 | |||||||
| Insurance | 7,865 | 6,241 | |||||||
| Travel | - | 2,366 | |||||||
| Post | - | 2,392 | |||||||
| PropertyManagement fees | 15,667 | 14,800 | |||||||
| Accountancy | 800 | 800 | |||||||
| **Sub total ** | 92,291 | 128,678 | |||||||
| A4 Asset and investment purchases, (see table) |
|||||||||
| - | - | - | - | ||||||
| - | - | - | - | ||||||
| **Sub total ** | - | - | - | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
92,291 107,988 - 627,567 735,555 |
- - - - - |
- - - - - |
||||||
| 128,678 | |||||||||
| 107,988 | - | - | 107,988 | 39,822 | |||||
| - | - | - | - | - | |||||
| 627,567 | - | - | 627,567 | 587,745 | |||||
| 735,555 | - | - | 735,555 | 627,567 |
CCXX R6 accounts (SS)
27/03/2026
6
| Section B Statement of assets and liabilities at the end of the | Section B Statement of assets and liabilities at the end of the | Section B Statement of assets and liabilities at the end of the | period | period | Endowment funds to nearest £ - - - - OK Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) Date of approval 31 March 2026 |
|---|---|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Bank Current/Savings Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Investment Properties |
Unrestricted funds to nearest £ 735,555 - - 735,555 |
Restricted funds to nearest £ - - - |
||
| 735,555 | - | - | |||
| - | - | - | |||
| - | - | - | |||
| 735,555 | - | - | |||
| OK | |||||
| Mr C P Stewart | 31 March 202 | ||||
CCXX R7 accounts (SS)
27/03/2026
7