HOPE COMMUNITY FOUNDATION
Registered charity 1102542 · accounts filings on the Charity Commission register · also known as HOPE CITY FOUNDATION, MEGANURSERY
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.
Causes: Education/training · Disability · The Prevention Or Relief Of Poverty · Economic/community Development/employment · Get email alerts
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.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves position: below the charity's own stated reserves policy (held: £-26k; policy: three month's operating costs)
“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.”
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
“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
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by UHY Hacker Young. Discloses 4 of 6 completeness components.
- Lois Elizabeth Willischair
- Brightmore Panashe Kunaka
- COLIN DAVIES · trustee of 1 other charity
- Elizabeth Muthiah
- Jessica Bramhall
Trustee list from the Charity Commission register (current, not historical).
Operates in: Sheffield City
Income and spending
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
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
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Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with HOPE AND HOMES FOR CHILDREN.
Side by side with its peers
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