HOPE 08 LTD
Hope 08 is an initiative to encourage the diverse range of churches across the United Kingdom to 'raise the bar' in terms of their outreach to serve and communicate with the UK residents and many visitors during the whole year of 2014.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £2,024 for the year ended 31st December 2024, resulting in a decrease in unrestricted reserves to £151,381. The trustees confirm that sufficient funds are held to continue as a going concern for the next 12 months, noting that unrestricted reserves are below the stated ideal of 12 months' operating costs but remain adequate for current needs.
What the accounts disclose
“The trustees recognise that 12 months operating costs would be ideal on an ongoing basis and have achieved that.” — page 7
Structured financials (annual return, FY ending 31/12/2023)
Trustees
- Lawrence Grant Singlehurstchair
- Dr DAVID OLUSOLA OLUDOYI
- PAULINE MACK
- Rev Mark Greenwood
- Rev Nigel Robert Coles
- SUSAN Carol LEGG
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £235k | £347k |
| 31/12/2024 | £442k | £444k |
| 31/12/2023 | £513k | £485k |
| 31/12/2022 | £1.2m | £1.1m |
| 31/12/2021 | £421k | £528k |
Common questions
Is HOPE 08 LTD financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a deficit of £2,024 for the year ended 31st December 2024, resulting in a decrease in unrestricted reserves to £151,381. The trustees confirm that sufficient funds are held to continue as a going concern for the next 12 months, noting that unrestricted reserves are below the stated ideal of 12 months' operating costs but remain adequate for current needs. Its FY2024 accounts were independently examined.
Who funds HOPE 08 LTD?
Funders whose own accounts filings name HOPE 08 LTD as a grant recipient include BILTON EVANGELICAL CHURCH.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| BILTON EVANGELICAL CHURCH | FY2022 | £1k | Grants for the relief of poverty |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ICC MISSIONS | 1 | £106k |
| London Homelessness Foundation | 1 | £50k |
| REGIONS BEYOND UK | 1 | £24k |
| DRAPERS CHARITABLE FUND | 1 | £10k |
| NORMAN WHITELEY TRUST | 1 | £5k |
| THE BARBOUR FOUNDATION | 1 | £5k |
| GOODNEWS AID | 1 | £3k |
Charities like this
- H.O.P.E
- HOPE WORLDWIDE
- HOPE CHURCH ORPINGTON
- HOPE CHURCH WIRRAL
- HOPE CHURCH NETWORK
- CITY HOPE CHURCH LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOPE 08 LTD | £235k | — | 0 | unclear | — | no doubt |
| H.O.P.E | £176k | — | 0 | unclear | — | no doubt |
| HOPE WORLDWIDE | £1.0m | £60,001 - £70,000 | 1 | above | — | no doubt |
| HOPE CHURCH ORPINGTON | £1.2m | — | — | unclear | — | no doubt |
| HOPE CHURCH WIRRAL | £132k | £29,013 | 0 | unclear | — | no doubt |
| HOPE CHURCH NETWORK | £259k | — | 0 | unclear | — | no doubt |