HOPE THREE 16 LTD
Hope three16 bring relief to those in need and poverty by reducing homelessness helping to address some of the underlying causes of poverty distress and social exclusion reducing these through a combination of accommodation and support services that facilitate and motivate individuals towards an independent lifestyle and to make a positive contribution to the community they live in.
Financial health, per its FY2025 accounts
The accounts state that the charity realized a small operational surplus of just over £8,000 for the year ended 30 June 2025, driven by successful grant bidding and gifts. The charity finished with a healthy end-of-year balance, providing a positive financial position to continue supporting residents. However, the trustees note that reserves did not meet the policy target for the year, and it is not expected that reserves will reach the target within the next three years due to increasing costs.
What the accounts disclose
“One Director / Trustee is remunerated in accordance with the Governing document.” — page 7
Register events
- Received assets from another charity (09/12/2020)
Trustees
- Barry Goddardchair
- DAVID ANTHONY WEBSTER
- JOHN MARTIN HAILES
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £365k | £356k |
| 30/06/2024 | £345k | £340k |
| 30/06/2023 | £308k | £298k |
| 30/06/2022 | £251k | £239k |
| 30/06/2021 | £217k | £214k |
Common questions
Is HOPE THREE 16 LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity realized a small operational surplus of just over £8,000 for the year ended 30 June 2025, driven by successful grant bidding and gifts. The charity finished with a healthy end-of-year balance, providing a positive financial position to continue supporting residents. However, the trustees note that reserves did not meet the policy target for the year, and it is not expected that reserves will reach the target within the next three years due to increasing costs. Its FY2025 accounts were independently examined.