THE FAITH HOPE & ENTERPRISE COMPANY LTD
Registered charity 1167974 · accounts filings on the Charity Commission register · also known as FAITH HOPE AND ENTERPRISE
Providing supported accommodation for homeless people at risk of long term homelessness.
Causes: The Prevention Or Relief Of Poverty · Accommodation/housing · website · Get email alerts
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £545,986 for the year, driven by a significant increase in donations and legacies. Total unrestricted general funds stood at £398,470, which the trustees confirm adheres to their policy of holding reserves equivalent to four months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.
What the accounts disclose
Reserves policy: four months running costs (held: £398k)
“We aim to hold unrestricted reserves equivalent to four months running costs” — page 7
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Nicholas Gregory (Trustee) and his wife for rentals of two properties used for housing residents.
“During the year, the charity made payments of £18,720 (2024: £18,000) to Nicholas Gregory (Trustee) and his wife for rentals of two properties which were used for housing residents.” — page 30
“During the year, the charity made payments of £10,800 (2024: £10,800) to Oakwood Lettings Limited, a company in which Dominic Palterman (Trustee) is a majority shareholder, for rentals of a property which was used for housing residents.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payments to Oakwood Lettings Limited (company in which Dominic Palterman is a majority shareholder) for rentals of a property used for housing residents.
“During the year, the charity made payments of £18,720 (2024: £18,000) to Nicholas Gregory (Trustee) and his wife for rentals of two properties which were used for housing residents.” — page 30
“During the year, the charity made payments of £10,800 (2024: £10,800) to Oakwood Lettings Limited, a company in which Dominic Palterman (Trustee) is a majority shareholder, for rentals of a property which was used for housing residents.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation received from Spectrum Housing CIC (company in which Dominic Palterman is a director).
“During the year, the charity made payments of £18,720 (2024: £18,000) to Nicholas Gregory (Trustee) and his wife for rentals of two properties which were used for housing residents.” — page 30
“During the year, the charity made payments of £10,800 (2024: £10,800) to Oakwood Lettings Limited, a company in which Dominic Palterman (Trustee) is a majority shareholder, for rentals of a property which was used for housing residents.” — page 30
Per its FY2025 accounts as filed with the Charity Commission.
Accounts audited by Sibbalds Limited. Discloses 5 of 6 completeness components.
Public fundraising profile: JustGiving — The Faith Hope and Enterprise Company Ltd (matched by registered charity number).
Property (HM Land Registry)
8 registered titles in England and Wales held by the charity’s company or corporate body (8 freehold); recorded price paid £929k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.
Public profiles (found on the charity’s own website): facebook
Structured financials (annual return, FY ending 31/03/2025)
Reported reserves equal ~7.1 months of spending — above the median for charities its size (median 4.8 months; benchmarks).
Per its annual return, largest income source: Charitable activities (52% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.
Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).
- Dominic Palterman
- Dr Andrew Norman Rimell
- Joseph Robert Gallimore
- Matthew Washington Richards
Trustee list from the Charity Commission register (current, not historical).
Operates in: Derby City · Derbyshire
Income and spending
Common questions
Is THE FAITH HOPE & ENTERPRISE COMPANY LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £545,986 for the year, driven by a significant increase in donations and legacies. Total unrestricted general funds stood at £398,470, which the trustees confirm adheres to their policy of holding reserves equivalent to four months of running costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Sibbalds Limited.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with MENS ACCOMMODATION AND SUPPORT.
Side by side with its peers
Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.