HOPE THREE 16 LTD

Registered charity 1162789 · accounts filings on the Charity Commission register · also known as HOPE THREE 16

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.

Causes: Education/training · The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts

Latest income
£365k
Latest spending
£356k
Registered
2015
Accounts read
FY2025

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.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Payments to trustees: One Director/Trustee is remunerated.
One Director / Trustee is remunerated in accordance with the Governing document. — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Essex · Southend-on-sea

Income and spending

Financial year endIncomeSpending
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.