Hope Community Church (Tameside & Glossop)
Place of worship and outreach for the community through various activities e.g cafe, youth work, kids club, and our premises are also used as a Pre-School and by an art club.
Financial health, per its FY2025 accounts
The accounts state that the charity held total unrestricted funds of £967,228 at the end of the year, which the trustees describe as a 'healthy reserve fund'. The charity's stated reserves policy is to retain funds equivalent to approximately two months of staff and administration costs, a target that appears to be comfortably exceeded by the current unrestricted reserves.
What the accounts disclose
“the policy is to retain funds equivalent to approximately 2 months staff and administration costs.”
Register events
- Received assets from another charity (23/07/2019)
Trustees
- Barbara Verrall
- Matthew Stephen Martin
- Peter Roderick Martin
- Philip Chorley
- Sandra Helen Davidson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £94k | £92k |
| 31/03/2024 | £125k | £141k |
| 31/03/2023 | £180k | £193k |
| 31/03/2022 | £188k | £183k |
| 31/03/2021 | £180k | £160k |
Common questions
Is Hope Community Church (Tameside & Glossop) financially healthy?
Per its FY2025 accounts: The accounts state that the charity held total unrestricted funds of £967,228 at the end of the year, which the trustees describe as a 'healthy reserve fund'. The charity's stated reserves policy is to retain funds equivalent to approximately two months of staff and administration costs, a target that appears to be comfortably exceeded by the current unrestricted reserves. Its FY2025 accounts were independently examined.