HOPE THROUGH ACTION
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £2,650 for the year ended 5 April 2025, resulting in total funds of £45,747. Per the trustees' report, the charity holds sufficient reserves to meet its stated policy target of £5,000, which is based on the estimated cost of closing down the charity. The trustees confirm that the going concern basis of accounting is appropriate as no additional financial resources are required.
What the accounts disclose
“The trustees consider that the most appropriate level of free reserves in the long term is £5,000. This is based on an estimate of what it would cost to close down the charity and pay outstanding liabilities.” — page 6
Trustees
- PHILIP JACKSON BLAND MBEchair
- Jan Hendrik Erasmus
- Peter Ralph Thompson
- Sandra Randall
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £203k | £206k |
| 05/04/2024 | £142k | £106k |
| 05/04/2023 | £113k | £177k |
| 05/04/2022 | £161k | £94k |
| 05/04/2021 | £123k | £121k |
Common questions
Is HOPE THROUGH ACTION financially healthy?
The accounts state that the charity reported a net expenditure of £2,650 for the year ended 5 April 2025, resulting in total funds of £45,747. Per the trustees' report, the charity holds sufficient reserves to meet its stated policy target of £5,000, which is based on the estimated cost of closing down the charity. The trustees confirm that the going concern basis of accounting is appropriate as no additional financial resources are required. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBORADA TRUST | 1 | £200k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| THE LINBURY TRUST | 1 | £100k |
| COMMUNITY OF ST PETER, HORBURY | 1 | £23k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| INCORPORATED TRUSTEES OF THE NUMBER 1 TRUST FUND | 1 | £6k |
| CEO SLEEPOUT | 1 | £5k |
| THE THOMAS WALL TRUST | 1 | £5k |