NEW HOPE WORCESTERSHIRE
To provide relief to children and young adults under the age of 19 with a mental and/or physical disability and who are resident in Worcestershire, Herefordshire or Gloucestershire, to alleviate the effect of disability on such children and their carers and/or families, and to advance the education of such children and to relieve in cases of need, hardship or distress.
Financial health, per its FY2025 accounts
The accounts state that the charity held free reserves of £3,464 at the year end, having moved from a free reserves deficit of £10,442 in the prior year. The trustees consider this level of reserves to be sufficient for the running of the charity, noting that the organization has no formal reserves policy due to its small size. The charity reported a net movement in funds of £(7,393) for the year, primarily driven by expenditure on charitable activities exceeding income.
What the accounts disclose
“During the year the charity issued grants totalling £25,000 (2024 - £45,000) to New Hope - Worcester CIC, a community interest company under the control of the charity's trustees.” — page 13
“At the year end the charity owed New Hope - Worcester CIC £50,189 (2024 - £60,016).”
“During the year the charity issued grants totalling £25,000 (2024 - £45,000) to New Hope - Worcester CIC, a community interest company under the control of the charity's trustees.” — page 13
“At the year end the charity owed New Hope - Worcester CIC £50,189 (2024 - £60,016).”
Register events
- Received assets from another charity (13/11/2023)
- Received assets from another charity (21/09/2022)
Trustees
- ANDREW HOWARTH
- JEAN WILSON
- Judith Doreen Owen
- Susan Catherine Sloane
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £48k | £56k |
| 31/05/2024 | £56k | £56k |
| 31/05/2023 | £44k | £32k |
| 31/05/2022 | £30k | £46k |
| 31/05/2021 | £25k | £23k |
Common questions
Is NEW HOPE WORCESTERSHIRE financially healthy?
Per its FY2025 accounts: The accounts state that the charity held free reserves of £3,464 at the year end, having moved from a free reserves deficit of £10,442 in the prior year. The trustees consider this level of reserves to be sufficient for the running of the charity, noting that the organization has no formal reserves policy due to its small size. The charity reported a net movement in funds of £(7,393) for the year, primarily driven by expenditure on charitable activities exceeding income. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 02/02/2024 | £19k | The Gathering Place |
| The National Lottery Community Fund | 25/08/2022 | £80k | New Hope Worcester CIC |
| The National Lottery Community Fund | 05/03/2021 | £10k | New Hope Garden Project |