SOURCE OF HOPE LIMITED

Registered charity 1176872 · accounts filings on the Charity Commission register

The objects of the charity is to prevent or relieve poverty in any part of the wider world, to support orphans and displaced people by providing grants, the possibility of an education, and necessary items, and to work with other organisations or Charities whose goal is the same.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income
£154k
Latest spending
£161k
Registered
2018
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net deficit of £6,688 for the year, reducing total unrestricted funds from £20,339 to £13,651. The trustees note that the charity is dependent upon unpaid volunteers and serve without remuneration. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three to six months of planned expenditure (held: £14k)
“The Charity aims to hold reserves at any given time to be able to meet three to six months of planned expenditure and is expecting to reach this aim in the near future.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

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

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Trustees · trustee networks

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

Operates in: Kenya

Income and spending

Financial year endIncomeSpending
31/12/2024£154k£161k
31/12/2023£138k£128k
31/12/2022£198k£191k
31/12/2021£60k£71k
31/12/2020£64k£68k

Common questions

Is SOURCE OF HOPE LIMITED financially healthy?

Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £6,688 for the year, reducing total unrestricted funds from £20,339 to £13,651. The trustees note that the charity is dependent upon unpaid volunteers and serve without remuneration. Despite the deficit, the trustees confirm the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.

Who funds SOURCE OF HOPE LIMITED?

Funders whose own accounts filings name SOURCE OF HOPE LIMITED as a grant recipient include SEEDFIELD TRUST, THE ARCHER TRUST.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
SEEDFIELD TRUSTFY2024£3k
SEEDFIELD TRUSTFY2023£3k
THE ARCHER TRUSTFY2024£2k
SEEDFIELD TRUSTFY2025£2k
SEEDFIELD TRUSTFY2021£1k

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 HOPE FOR MANKIND.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
SOURCE OF HOPE LIMITED£154k—0unclear—no doubt
HOPE FOR MANKIND FY2025£1.2m—0unclear—no doubt
HOPE FOR THE YOUNG LIMITED FY2024£537k—0unclear4.0%no doubt
HOPE FOUNDATION HELPING THE HELPLESS FY2024£254k—0unclear—no doubt
GIFT OF HOPE TRUST LTD FY2025£77k—0unclear—no doubt
THE HOPE CHARITY FY2025£187k—0below—noted

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.