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FURBD LTD

Registered charity 1078607 · accounts filings on the Charity Commission register · also known as THE HOPE FOUNDATION LIMITED

The restoration of Hope to the disadvantaged through education, creating opportunities for training and building peoples' self esteem through listening social inclusion/interaction and supporting in a non judgemental environment.

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Arts/culture/heritage/science · Economic/community Development/employment · website · Get email alerts

Latest income
£693k
Latest spending
£675k
Registered
1999
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £17,221 for the year ended 31 July 2025, with total unrestricted reserves of £641,234. Although the charity experienced a post-balance sheet deficit of £123,609 due to a major reorganisation and redundancy costs, the trustees confirm the charity remains in a strong financial position with reserves in excess of six months' current expenditure.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: six month’s expenditure (held: £641k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six month’s expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Remuneration paid to Sue Kearney, wife of trustee John Kearney, for services as CEO.
“During the year, Sue Kearney, wife of John Kearney, a trustee, was paid remuneration in respect of services she provided as CEO under a contract of employment with the charity. Details are covered in note 10 under remuneration of key management personnel.” — page 26
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

3 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/07/2025)

Total income
£693k
Total spending
£675k
Reserves (reported)
£641k
Employees
19

Reported reserves equal ~11.4 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (95% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Middlesbrough

Income and spending

Financial year endIncomeSpending
31/07/2025£693k£675k
31/07/2024£609k£633k
31/07/2023£518k£517k
31/07/2022£514k£531k
31/07/2021£637k£587k

Common questions

Is FURBD LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £17,221 for the year ended 31 July 2025, with total unrestricted reserves of £641,234. Although the charity experienced a post-balance sheet deficit of £123,609 due to a major reorganisation and redundancy costs, the trustees confirm the charity remains in a strong financial position with reserves in excess of six months' current expenditure. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Community Foundation North East31/10/2024£5kGrant to The Hope Foundation
The National Lottery Community Fund13/07/2016£9kHope Community Cafe where local people eat, meet and learn
The National Lottery Community Fund22/09/2011£10kHope 4 All
The National Lottery Community Fund09/08/2006£214kIntegration and Education
The National Lottery Community Fund14/02/2006£5kHealthy Bytes Cyber Cafe
The National Lottery Community Fund03/12/2004£3kSocial Support