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HOPE CHURCH NEWHAM

Registered charity 1139566 · accounts filings on the Charity Commission register

To advance the Christian faith. This is mainly achieved through meeting in open meetings on Sundays and throughout the week. This includes providing support for those in need financially, emotionally and through providing discipleship.

Causes: The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Religious Activities · website · Get email alerts

Latest income
£246k
Latest spending
£260k
Registered
2010
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity made a financial loss of £14,090 for the year ended 31 December 2024, driven by increased charitable and commercial expenditure. Per the trustees' report, total income rose to £227,000 due to higher voluntary donations and commercial rental income, yet reserves fell to £15,517, below the stated target of £25,000.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Voluntary income (88% of income)
“Voluntary income of £199,000 was £47,000 higher than 2023 (£151,000). General donations were £31,000 higher than last year primarily due to increased tithes and giving.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 22.6% of fundraised income, as disclosed
“The cost of generating funds of £45,000 was £23,000 higher than 2023 (£22,000) as the Hub was leased for a full year in 2024.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Reserves position: below the charity's own stated reserves policy (held: £16k; policy: £25,000)
“At December 2024 the level of reserves held was £15,517, compared to a target of £25,000.” — page 6
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Trustee Mark Waterfield is Chair of Faith in Schools committee.
“Mark Waterfield, the pastor of Hope Church Newham is the chair of the local Faith in Schools committee.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Newham · Redbridge · Waltham Forest

Income and spending

Financial year endIncomeSpending
31/12/2024£246k£260k
31/12/2023£167k£217k
31/12/2022£156k£166k
31/12/2021£159k£123k
31/12/2020£158k£165k

Common questions

Is HOPE CHURCH NEWHAM financially healthy?

Per its FY2024 accounts: The accounts state that the charity made a financial loss of £14,090 for the year ended 31 December 2024, driven by increased charitable and commercial expenditure. Per the trustees' report, total income rose to £227,000 due to higher voluntary donations and commercial rental income, yet reserves fell to £15,517, below the stated target of £25,000. Its FY2024 accounts were independently examined.