KINTSUGI HOPE
Financial health, per its FY2024 accounts
The accounts state that Kintsugi Hope incurred an operating loss of £54,039 for the year ended 31 March 2024, resulting in a decrease in unrestricted reserves to £100,179. The trustees note that full reserves covering three months' salary expenditure were unavailable from September 2023 and are expected to remain so until January 2025. Despite this, the charity confirms it is operating on a going concern basis with a year-end bank balance of £85,415.
What the accounts disclose
“One employee earned more than £60,000 per annum.” — page 30
“One employee earned more than £60,000 per annum.” — page 30
“At the end of the financial year reserves were £100,179 representing between two and three months’ salary expenditure.”
“The Creditors balance as at 31 March 2024 contains an intercompany creditor balance of £1,614 (2023: £nil) due to the charity’s trading subsidiary, BrighterDays.Life Limited.” — page 31
“Patrick’s time changed working as a Director for the Private Limited Company Brighter Days, a Kintsugi Hope subsidiary incorporated 23 September 2023 (Company Number 15158209).”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Ruth Whitakerchair
- ALEX HERITAGE
- Abigail Joy Balachandran
- Matt Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £506k | £552k |
| 31/03/2024 | £509k | £563k |
| 31/03/2023 | £520k | £553k |
| 31/03/2022 | £447k | £446k |
| 31/03/2021 | £373k | £277k |
Common questions
Is KINTSUGI HOPE financially healthy?
The accounts state that Kintsugi Hope incurred an operating loss of £54,039 for the year ended 31 March 2024, resulting in a decrease in unrestricted reserves to £100,179. The trustees note that full reserves covering three months' salary expenditure were unavailable from September 2023 and are expected to remain so until January 2025. Despite this, the charity confirms it is operating on a going concern basis with a year-end bank balance of £85,415. Its FY2024 accounts were independently examined.
What does the highest-paid employee of KINTSUGI HOPE earn?
Per its FY2024 accounts, the highest-paid employee was in the Over £60,000 band, and 1 employees earned over £60,000.
Who funds KINTSUGI HOPE?
Funders whose own accounts filings name KINTSUGI HOPE as a grant recipient include THE JERUSALEM TRUST, THE ROSE PATERSON TRUST, THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH, CHISLEHURST, WM BROOKE BENEVOLENT FUND, THE WHARFEDALE VINEYARD CHRISTIAN FELLOWSHIP.