HOPE FOR LIFE KATANGA
The prevention or relief of poverty in Uganda by providing or assisting in the provision of education, training, healthcare projects, sanitation and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
Financial health, per its FY2024 accounts
The accounts state that total income increased by 11% to £56,989, while total expenditure remained relatively static at £44,093, resulting in a net surplus. The charity holds unrestricted reserves of £36,303, which significantly exceed its stated reserves policy target of approximately £4,000. The trustees confirm that the accounts are prepared on a going concern basis, citing adequate unrestricted reserves and ongoing donor support.
What the accounts disclose
“adopted a policy to set aside funds of approximately three months core running costs, which is estimated to be £4k.”
Trustees
- MARK WALTERSchair
- Chris Boddy
- Joshua Mutebe
- LAURA HARRIS
- Laura Richards
- MEGAN WALTERS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £57k | £44k |
| 31/12/2023 | £51k | £45k |
| 31/12/2022 | £34k | £53k |
| 31/12/2021 | £50k | £37k |
| 31/12/2020 | £38k | £35k |
Common questions
Is HOPE FOR LIFE KATANGA financially healthy?
Per its FY2024 accounts: The accounts state that total income increased by 11% to £56,989, while total expenditure remained relatively static at £44,093, resulting in a net surplus. The charity holds unrestricted reserves of £36,303, which significantly exceed its stated reserves policy target of approximately £4,000. The trustees confirm that the accounts are prepared on a going concern basis, citing adequate unrestricted reserves and ongoing donor support. Its FY2024 accounts were independently examined.
Who funds HOPE FOR LIFE KATANGA?
Funders whose own accounts filings name HOPE FOR LIFE KATANGA as a grant recipient include THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, NAILSEA.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, NAILSEA | FY2025 | £3k | Short term mission & other projects |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, NAILSEA | FY2024 | £210 | Short term mission & other projects |