HOPE COMMUNITY FOUNDATION
THE ADVANCEMENT OF EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY PROVISION OF A NURSERY SCHOOL. RELIEF OF POVERTY AND SICKNESS. OTHER SUCH CHARITABLE PURPOSES AS THE TRUSTEES THINK FIT.
Objects
THE OBJECTS OF THE CHARITY ARE:(I) THE RELIEF OF POVERTY AND SICKNESS(II) THE ADVANCEMENT OF EDUCATION OF CHILDREN UNDER STATUTORY SCHOOL AGE BY THE PROVISION OF A NURSERY SCHOOL(III) TO PROVIDE FACILITIES FOR RECREATION OR OTHER LEISURE TIME OCCUPATION WITH THE OBJECT OF IMPROVING THE CONDITIONS OF LIFE OF THOSE PERSONS HAVING NEED OF SUCH FACILITIES BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES(IV) SUCH OTHER CHARITABLE PURPOSES AS THE TRUSTEES SHALL THINK FIT
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £4,632 for the year ended 31 March 2025, resulting in unrestricted reserves of £(26,355). The trustees acknowledge that available reserves are at a low level and are below their stated policy target of three months' operating costs. Per the independent auditor's report, there is a material uncertainty relating to going concern due to the charity's reliance on support from its parent charity and the ongoing process to divest the nursery.
What the accounts disclose
“The trustees have identified that the available reserves are at a low level and are addressing this in order to build reserves in line with the charity's reserves policy of three month's operating costs.”
“We have identified a matter of concern in our report because we have concerns that the charity may not be able to continue as a going concern. Disclosure has been made in note 1.2 to the accounts concerning the charity's ability to continue as a going concern. The trustees are aware of certain material uncertainties which remain largely outside of the immediate control of the charity.” — page 12
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Internal charity financial controls policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Trustees
- Lois Elizabeth Willischair
- Brightmore Panashe Kunaka
- COLIN DAVIES
- Elizabeth Muthiah
- Jessica Bramhall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £398k | £403k |
| 31/03/2024 | £351k | £339k |
| 31/03/2023 | £390k | £404k |
| 31/03/2022 | £457k | £465k |
| 31/03/2021 | £310k | £311k |
Common questions
Is HOPE COMMUNITY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £4,632 for the year ended 31 March 2025, resulting in unrestricted reserves of £(26,355). The trustees acknowledge that available reserves are at a low level and are below their stated policy target of three months' operating costs. Per the independent auditor's report, there is a material uncertainty relating to going concern due to the charity's reliance on support from its parent charity and the ongoing process to divest the nursery. Its FY2025 accounts were audited by UHY Hacker Young.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/12/2024 | £20k | Community Grocery |
| Postcode Lottery | 31/07/2023 | £25k | Project Funding |
| The National Lottery Community Fund | 29/06/2023 | £9k | Jigsaw Cafe |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALLEN OVERY SHEARMAN STERLING FOUNDATION | 1 | £861k |
| THE SENECA TRUST | 1 | £700k |
| ST. JAMES'S PLACE CHARITABLE FOUNDATION | 1 | £250k |
| Boodles Charitable Trust | 1 | £137k |
| THE BREADSTICKS FOUNDATION | 1 | £123k |
| GATEWAY CHURCH SWINDON | 1 | £99k |
| THE SCHRODER FOUNDATION | 1 | £90k |
| THE ASHLA CHARITABLE TRUST | 1 | £80k |
Charities like this
- HOPE AND HOMES FOR CHILDREN
- HOPE FOUNDATION HELPING THE HELPLESS
- H.O.P.E
- THE HOPE CHARITY
- FND HOPE UK
- HOPE FOR TOMORROW GLOBAL
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOPE COMMUNITY FOUNDATION | £398k | — | 0 | below | — | material uncertainty |
| HOPE AND HOMES FOR CHILDREN | £8.0m | £120,000 - £129,999 | — | unclear | — | no doubt |
| HOPE FOUNDATION HELPING THE HELPLESS | £254k | — | 0 | unclear | — | no doubt |
| H.O.P.E | £176k | — | 0 | unclear | — | no doubt |
| THE HOPE CHARITY | £187k | — | 0 | below | — | noted |
| FND HOPE UK | £274k | — | 0 | unclear | — | not going concern |