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

Latest income
£398k
Latest spending
£403k
Registered
2004
Accounts read
FY2025

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.

Trustees · trustee networks

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
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

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

FunderDateAmountPurpose
Postcode Lottery31/07/2023£25kProject Funding
The National Lottery Community Fund29/06/2023£9kJigsaw Cafe

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

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

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HOPE COMMUNITY FOUNDATION£398k0belowmaterial uncertainty
HOPE AND HOMES FOR CHILDREN FY2025£8.0m£120,000 - £129,999unclearno doubt
HOPE FOUNDATION HELPING THE HELPLESS FY2024£315k0unclearno doubt
THE HOPE CHARITY FY2025£187k0belownoted
HOPE FOR TOMORROW GLOBAL FY2024£259k0aboveno doubt
HOPE NORTH LONDON LIMITED FY2024£184k0unclearno doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.