HOPE CHURCH ORPINGTON
Financial health, per its FY2022 accounts
The accounts state that the charity ended the year with a surplus of £699,397 on unrestricted funds, resulting in total net assets of £1,872,094. Per the trustees' report, unrestricted reserves held as net current assets amounted to approximately £1,630,562, which is significantly above the stated policy target of a minimum of two months' expenditure (approximately £151,000). The charity reports no material uncertainties regarding its ability to continue as a going concern.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- BARRY RAYMOND PALMER
- Gary David Carvosso
- 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?
The accounts state that the charity ended the year with a surplus of £699,397 on unrestricted funds, resulting in total net assets of £1,872,094. Per the trustees' report, unrestricted reserves held as net current assets amounted to approximately £1,630,562, which is significantly above the stated policy target of a minimum of two months' expenditure (approximately £151,000). The charity reports no material uncertainties regarding its ability to continue as a going concern. Its FY2022 accounts were independently examined.
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 |
|---|---|---|
| REGIONS BEYOND UK | FY2023 | £6k |
| NORMAN WHITELEY TRUST | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CO-MISSION INITIATIVE TRUST | 1 | £173k |