A LITTLE BIT OF HOPE
a little bit of HOPE raises money in the UK to fund grass-roots development programmes in the Butaleja District of Uganda. We currently work across three areas; Education, Water & Sanitation and Livelihoods.
Financial health, per its FY2024 accounts
The accounts state that the charity ended 2024 with a cash balance of £7,054, which is below the previous year's balance of £13,952. Per the trustees' report, unrestricted free reserves were £3,054, falling short of the stated policy target to retain a minimum of £4,000. Total expenditure of £52,956 exceeded total income of £46,057, resulting in a decrease in overall reserves.
What the accounts disclose
“Regular giving 18,368”
“Of this, £0 was restricted, leaving £3,054 in unrestricted free reserves and thus £4,000 designated as reserves.” — page 5
Register events
- Received assets from another charity (07/02/2019)
Trustees
- AMY BETH Spooner
- Kathryn Angharad Lifford
- MALCOLM BEBB
- Temitope Olusi
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £46k | £53k |
| 31/12/2023 | £39k | £33k |
| 31/12/2022 | £46k | £55k |
| 31/12/2021 | £49k | £49k |
| 31/12/2020 | £61k | £62k |
Common questions
Is A LITTLE BIT OF HOPE financially healthy?
Per its FY2024 accounts: The accounts state that the charity ended 2024 with a cash balance of £7,054, which is below the previous year's balance of £13,952. Per the trustees' report, unrestricted free reserves were £3,054, falling short of the stated policy target to retain a minimum of £4,000. Total expenditure of £52,956 exceeded total income of £46,057, resulting in a decrease in overall reserves. Its FY2024 accounts were independently examined.