The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington
The parish's objectives are to bring the knowledge and love of Jesus Christ into people's lives, in its parish area and beyond. The parish aims to deliver church services for the community. Other objectives of the parish are to raise funds in order to assist worthy community porjects and provide donations to sick and needy people and institutions.
Financial health, per its FY2024 accounts
The accounts state that total income for the year was £438,562 against total expenditure of £462,215, resulting in a net deficit for the period. However, the charity holds substantial unrestricted reserves of £2,334,772, which significantly exceed its stated policy target of £50,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the parish that free unrestricted funds which have not been designated for a specific use should be maintained at or above a level of £50,000.” — page 4
“During the year, donations totalling £93,000 (2023: £nil) were received from The Urban Revival Foundation, a company controlled by Trustees of the charity. The charity also made net payments totalling £30,000 (2023: £29,000) to The Urban Revival Foundation. At the balance sheet date, the charity was owed £48,552 (2023: £43,552) from The Urban Revival Foundation.” — page 17
Trustees
- Rev James Carlyle Hughesdonchair
- Anna Skinner
- Benedict Hume-Wright
- Bethany Ruth Milburn
- Fiona Chukwu
- Joseph Denniss
- KEMI BURAIMOH
- Rev Abie Hepworth
- Rev Sonia Margaret Home
- Rita Chambers
- Verity Myers
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £439k | £462k |
| 31/12/2023 | £312k | £348k |
| 31/12/2022 | £488k | £299k |
| 31/12/2021 | £321k | £284k |
| 31/12/2020 | £326k | £362k |
Common questions
Is The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington financially healthy?
Per its FY2024 accounts: The accounts state that total income for the year was £438,562 against total expenditure of £462,215, resulting in a net deficit for the period. However, the charity holds substantial unrestricted reserves of £2,334,772, which significantly exceed its stated policy target of £50,000. The trustees confirm that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REGIONS BEYOND UK | 1 | £24k |
| NORMAN WHITELEY TRUST | 1 | £5k |
Charities like this
- HOPE CHURCH ORPINGTON
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST EDMUND THE KING, ST MARY WOOLNOTH AND ST CLEMENT EASTCHEAP
- THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL'S, PICKERING
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GRAYS NORTH AND STIFFORD IN THE DIOCESE OF CHELMSFORD
- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, LINDFIELD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| The Parochial Church Council of the Ecclesiastical Parish of Hope Church Islington | £439k | — | — | above | — | no doubt |
| HOPE CHURCH ORPINGTON | £1.2m | — | — | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST EDMUND THE KING, ST MARY WOOLNOTH AND ST CLEMENT EASTCHEAP | £682k | — | 0 | above | — | no doubt |
| THE REDEEMED CHRISTIAN CHURCH OF GOD HOPE CHAPEL | £246k | — | 0 | unclear | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL'S, PICKERING | £255k | — | 0 | above | — | no doubt |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GRAYS NORTH AND STIFFORD IN THE DIOCESE OF CHELMSFORD | £146k | — | 0 | unclear | — | no doubt |