HOPE CHURCH ORPINGTON
Hope Church Orpington is a charity whose objectives are the advancement of the Christian faith and the relief of hardship. In addition the charity operates a church based at five sites in the local area offering a range of activities and pastoral support to both church members and the wider community.
Financial health, per its FY2023 accounts
The accounts state that the charity ended the year with a deficit of £184,802 on unrestricted funds, compared to a surplus in the previous year. However, unrestricted reserves held as net current assets amounted to approximately £1,591,351, which is significantly above the stated policy target of a minimum of two months' expenditure (approximately £154,000). The charity maintains substantial cash reserves and has no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
“Donations and legacies 760,606 188,422 949,028” — page 15
“The reserves policy of the charity is to maintain reserves of a minimum of two months to a maximum of twelve months expenditure, which would cover the employment needs for approximately 3 months and act as operating capital. Two month's unrestricted fund expenditure in 2023 amounted to approximately £154,000” — page 6
“Anthony Hall received remuneration of £56,359 (2022: £55,295) plus pension contributions of £5,636 (2022: £5,410) and his wife, Tina Hall, received remuneration of £12,367 (2022: £12,587) plus pension contributions of £1,237 (2022: £1,187). Gary Carvosso received remuneration of £17,343 (2022: £17,125) plus pension contributions of £1,734 (2022: £1,616). During the year Molly Carvosso, daughter of Gary Carvosso, received £13,293 (2022: £10,667) plus pension contributions of £1,329 (2022: £106) in connection with her employment as media assistant with the charity.” — page 28
“Anthony Hall received remuneration of £56,359 (2022: £55,295) plus pension contributions of £5,636 (2022: £5,410) and his wife, Tina Hall, received remuneration of £12,367 (2022: £12,587) plus pension contributions of £1,237 (2022: £1,187).” — page 28
“Gary Carvosso received remuneration of £17,343 (2022: £17,125) plus pension contributions of £1,734 (2022: £1,616). During the year Molly Carvosso, daughter of Gary Carvosso, received £13,293 (2022: £10,667) plus pension contributions of £1,329 (2022: £106) in connection with her employment as media assistant with the charity.” — page 28
“Anthony Hall received remuneration of £56,359 (2022: £55,295) plus pension contributions of £5,636 (2022: £5,410) and his wife, Tina Hall, received remuneration of £12,367 (2022: £12,587) plus pension contributions of £1,237 (2022: £1,187).” — page 28
“Gary Carvosso received remuneration of £17,343 (2022: £17,125) plus pension contributions of £1,734 (2022: £1,616). During the year Molly Carvosso, daughter of Gary Carvosso, received £13,293 (2022: £10,667) plus pension contributions of £1,329 (2022: £106) in connection with her employment as media assistant with the charity.” — page 28
“Anthony Hall received remuneration of £56,359 (2022: £55,295) plus pension contributions of £5,636 (2022: £5,410) and his wife, Tina Hall, received remuneration of £12,367 (2022: £12,587) plus pension contributions of £1,237 (2022: £1,187).” — page 28
“Gary Carvosso received remuneration of £17,343 (2022: £17,125) plus pension contributions of £1,734 (2022: £1,616). During the year Molly Carvosso, daughter of Gary Carvosso, received £13,293 (2022: £10,667) plus pension contributions of £1,329 (2022: £106) in connection with her employment as media assistant with the charity.” — page 28
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Alexander James Beaken
- Anais Bash-Taqi
- BARRY RAYMOND PALMER
- Gary David Carvosso
- Lawrence Okiror
- Matthew Dominique Bulpitt
- Olayemi Gbolahan Shyllon
- Ruth Carol Marchant
- Sarah Anne Palmer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.2m | £1.3m |
| 31/12/2023 | £1.1m | £1.2m |
| 31/12/2022 | £1.8m | £1.1m |
| 31/12/2021 | £896k | £992k |
| 31/12/2020 | £946k | £758k |
Common questions
Is HOPE CHURCH ORPINGTON financially healthy?
Per its FY2023 accounts: The accounts state that the charity ended the year with a deficit of £184,802 on unrestricted funds, compared to a surplus in the previous year. However, unrestricted reserves held as net current assets amounted to approximately £1,591,351, which is significantly above the stated policy target of a minimum of two months' expenditure (approximately £154,000). The charity maintains substantial cash reserves and has no material uncertainties regarding its ability to continue as a going concern. Its FY2023 accounts were audited by Field Sullivan Limited.
Who funds HOPE CHURCH ORPINGTON?
Funders whose own accounts filings name HOPE CHURCH ORPINGTON as a grant recipient include REGIONS BEYOND UK, NORMAN WHITELEY TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| REGIONS BEYOND UK | FY2024 | £12k | Apostolic Team support |
| REGIONS BEYOND UK | FY2023 | £6k | Apostolic Team support |
| REGIONS BEYOND UK | FY2021 | £6k | Grants for UK and Overseas Mission |
| NORMAN WHITELEY TRUST | FY2024 | £3k | |
| NORMAN WHITELEY TRUST | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |
| THE BEATRICE LAING TRUST | 1 | £100k |
| THE JOSEPH RANK TRUST | 1 | £25k |
| HUDDERSFIELD CHRISTIAN FELLOWSHIP | 1 | £20k |
| GUNNERSBURY BAPTIST CHURCH | 1 | £12k |
Charities like this
- HOPE CHURCH TONBRIDGE
- HOPE CHURCH NETWORK
- HOPE CHURCH VAUXHALL
- The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington
- HOPE VINEYARD CHURCH OXFORD
- HOPE CHURCH HUDDERSFIELD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| HOPE CHURCH ORPINGTON | £1.2m | — | — | unclear | — | no doubt |
| HOPE CHURCH TONBRIDGE | £192k | — | 0 | unclear | — | no doubt |
| HOPE CHURCH NETWORK | £259k | — | 0 | unclear | — | no doubt |
| HOPE CHURCH VAUXHALL | £194k | — | 0 | above | — | no doubt |
| The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington | £439k | — | — | above | — | no doubt |
| HOPE VINEYARD CHURCH OXFORD | £105k | — | 0 | above | — | no doubt |