HOPE HOUSING (BRADFORD) LTD
To reduce homelessness and to support, advise and accomodate the homeless and inadequately housed in partnership with local churches , organisations and individuals.
Financial health, per its FY2025 accounts
The accounts state that the charity's unrestricted net current assets were £97,170, which the trustees describe as effectively working capital. However, the calculated free reserves are negative (£49,203) after deducting restricted funds and tangible fixed assets from total net assets. The trustees acknowledge this position but state they have implemented reviews to increase income and reduce costs to build reserves in the future.
What the accounts disclose
“Charitable activities (3) 429,392 - 429,392 419,682” — page 8
“The charity's free reserves are arrived at by starting with the total net assets £481,082 less restricted funds £51,215 less tangible fixed assets £479,070. This produces a negative figure (£49,203).” — page 5
“Lara Oyedele is a Director of Lara Homes Ltd. Lara Homes Ltd raised invoices for £15,000 consultancy in 2024/25 (previous year Enil) of which £5,000 was unpaid at year end. Payments were made with Charity Commission approval.” — page 17
“Noel Kershaw is a Director of Delifresh Ltd. Delifresh donated £25,000 in 2024/25 (previous year Enil).” — page 17
“Lara Oyedele is a Director of Lara Homes Ltd. Lara Homes Ltd raised invoices for £15,000 consultancy in 2024/25 (previous year Enil) of which £5,000 was unpaid at year end. Payments were made with Charity Commission approval.” — page 17
“Noel Kershaw is a Director of Delifresh Ltd. Delifresh donated £25,000 in 2024/25 (previous year Enil).” — page 17
“Lara Oyedele is a Director of Lara Homes Ltd. Lara Homes Ltd raised invoices for £15,000 consultancy in 2024/25 (previous year Enil) of which £5,000 was unpaid at year end. Payments were made with Charity Commission approval.” — page 17
“Noel Kershaw is a Director of Delifresh Ltd. Delifresh donated £25,000 in 2024/25 (previous year Enil).” — page 17
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/05/2025)
Trustees
- Bosede Tokunbo Falowo
- Nadine Osuji
- Priya Patel
- Sofia Campbell
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £955k | £806k |
| 31/05/2024 | £690k | £632k |
| 31/05/2023 | £479k | £580k |
| 31/05/2022 | £690k | £531k |
| 31/05/2021 | £460k | £468k |
Common questions
Is HOPE HOUSING (BRADFORD) LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity's unrestricted net current assets were £97,170, which the trustees describe as effectively working capital. However, the calculated free reserves are negative (£49,203) after deducting restricted funds and tangible fixed assets from total net assets. The trustees acknowledge this position but state they have implemented reviews to increase income and reduce costs to build reserves in the future. Its FY2025 accounts were independently examined.
Who funds HOPE HOUSING (BRADFORD) LTD?
Funders whose own accounts filings name HOPE HOUSING (BRADFORD) LTD as a grant recipient include THE BEATRICE LAING TRUST, TALBOT VILLAGE TRUST, THE BISHOP RADFORD TRUST, THE ARCHER TRUST, ELLINGHAM AND RINGWOOD AGRICULTURAL SOCIETY.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE BEATRICE LAING TRUST | FY2025 | £25k | Purchase of Millside House Holistic Homelessness Hub |
| TALBOT VILLAGE TRUST | FY2023 | £20k | |
| THE BISHOP RADFORD TRUST | FY2023 | £2k | Funding towards a new CRM system. |
| THE ARCHER TRUST | FY2022 | £2k | Helps homeless people off the streets of Bradford through supported tenancies and trained volunteer hosts. |
| ELLINGHAM AND RINGWOOD AGRICULTURAL SOCIETY | FY2024 | £1k | |
| THE ARCHER TRUST | FY2023 | £1k | Charitable activities |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 10/10/2024 | £20k | The Millside Centre |
| The National Lottery Community Fund | 16/06/2023 | £126k | Hope Housing Community Connection Project |
| The National Lottery Community Fund | 18/06/2021 | £10k | Hope Housing Friendship Groups |
| Barrow Cadbury Trust | 14/10/2020 | £32k | COVID-19 - HOPE HOUSING (BRADFORD) LTD |
| The National Lottery Community Fund | 24/07/2019 | £10k | Hope Housing Project Outreach |