THE FRIENDS OF HOPE
Financial health, per its FY2022 accounts
The accounts state that the charity held unrestricted reserves of £4,918 and restricted reserves of £1,188 at the end of the financial year, totaling net assets of £6,106. The trustees' objective is to hold approximately six months' expenditure in reserves, a target not explicitly quantified against the current balance in the text. The filing confirms the accounts were prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
Trustees
- Dr Mahesh Mathpati
- Dr NICHOLAS GREY
- MICHAEL MOORE
- PROFESSOR SHEILA HILLIER
- ROSALEEN MULJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2024 | £105k | £97k |
| 31/10/2023 | £44k | £34k |
| 31/10/2022 | £53k | £63k |
| 31/10/2021 | £30k | £26k |
| 31/10/2020 | £75k | £68k |
Common questions
Is THE FRIENDS OF HOPE financially healthy?
The accounts state that the charity held unrestricted reserves of £4,918 and restricted reserves of £1,188 at the end of the financial year, totaling net assets of £6,106. The trustees' objective is to hold approximately six months' expenditure in reserves, a target not explicitly quantified against the current balance in the text. The filing confirms the accounts were prepared on a going concern basis with no material uncertainties identified. Its FY2022 accounts were independently examined.
Who funds THE FRIENDS OF HOPE?
Funders whose own accounts filings name THE FRIENDS OF HOPE as a grant recipient include C B AND H H TAYLOR 1984 TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| C B AND H H TAYLOR 1984 TRUST | FY2023 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| GATEWAY CHURCH SWINDON | 1 | £51k |
| HOPE CHURCH ORPINGTON | 1 | £15k |
| GOODNEWS AID | 1 | £2k |
| COLEFAX CHARITABLE TRUST | 1 | £1k |
| REDEEMER WORTHING LTD | 1 | £1k |
| WOKING UNITED REFORMED CHURCH CHARITY | 1 | £750 |
| GREEN CRESCENT AID UK | 1 | £250 |
| HOLLYHOCK CHARITABLE FOUNDATION | 1 | £0 |