RAYS OF HOPE
Latest income
£323k
Latest spending
£352k
Registered
2015
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net deficit for the year, reducing its unrestricted funds from £78,803.47 to £32,622.78. The trustees confirmed there are no uncertainties about the charity continuing as a going concern and no reserves policy is stated.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £323k | £352k |
| 31/12/2023 | £355k | £401k |
| 31/12/2022 | £153k | £95k |
| 28/02/2022 | £118k | £101k |
| 28/02/2021 | £81k | £85k |
Common questions
Is RAYS OF HOPE financially healthy?
The accounts state that the charity reported a net deficit for the year, reducing its unrestricted funds from £78,803.47 to £32,622.78. The trustees confirmed there are no uncertainties about the charity continuing as a going concern and no reserves policy is stated. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ALBORADA TRUST | 1 | £200k |
| THE LINBURY TRUST | 1 | £100k |
| THE BURDETT TRUST FOR NURSING | 1 | £97k |
| GATEWAY CHURCH SWINDON | 1 | £51k |
| H C D MEMORIAL FUND | 1 | £40k |
| BESSELS GREEN BAPTIST CHURCH | 1 | £27k |
| London Homelessness Foundation | 1 | £25k |
| HOPE CHURCH ORPINGTON | 1 | £15k |