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.

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

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

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.

In its annual return the charity told the Commission it is also regulated by: Ofsted (Office For Standards In Education). This is the charity’s own declaration; it is not a rating and has not been verified by the Commission or by this site.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

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
The National Lottery Community Fund02/12/2024£20kCommunity Grocery
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£398k—0below—material uncertainty
HOPE AND HOMES FOR CHILDREN FY2025£8.0m£120,000 - £129,999—unclear—no doubt
HOPE FOUNDATION HELPING THE HELPLESS FY2024£254k—0unclear—no doubt
H.O.P.E FY2025£176k—0unclear—no doubt
THE HOPE CHARITY FY2025£187k—0below—noted
FND HOPE UK FY2024£274k—0unclear—not going concern

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