SOURCE OF HOPE LIMITED
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.
Objects
THE PREVENTION OR RELIEF OF POVERTY ANYWHERE IN THE WORLD BY PROVIDING: GRANTS, ITEMS AND SERVICES TO INDIVIDUALS IN NEED AND/OR CHARITIES, OR OTHER ORGANISATIONS WORKING TO PREVENT OR RELIEVE POVERTY.THE ABOVE OBJECT IS CARRIED OUT IN ACCORDANCE WITH A CHRISTIAN ETHOS.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net deficit of £227 for the year, with total unrestricted funds decreasing slightly to £13,424. The reserves policy targets three to six months of planned expenditure, and the current reserves are below this stated target. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“The charity aims to hold reserves at any given time sufficient to meet three to six months of planned expenditure.” — page 5
“Donations totalling £46,244 were made to the charity by the trustees and related parties during the period (2024 £35,240).” — page 13
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Trustee expenses policy and procedures
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2024
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/12/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 1 was received after the due date: year ending 31/12/2021 (received 09/11/2022, 9 days after the 31/10/2022 due date).
Corporate structure
- Registered company of the charity Companies House 10808150
Company officers (Companies House)
- ZAK, Peter Stefan on trustee list
- BARRETT, Steven on trustee list
- TAYLOR, Janet Susan on trustee list
- PARKER, John Robert on trustee list
- TAYLOR, Duncan on trustee list
Trustees
- DUNCAN TAYLOR
- JOHN ROBERT PARKER
- Janet Susan Taylor
- Peter Stefan Zak
- Steven Barrett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £148k | £148k |
| 31/12/2024 | £154k | £161k |
| 31/12/2023 | £138k | £128k |
| 31/12/2022 | £198k | £191k |
| 31/12/2021 | £60k | £71k |
Common questions
Is SOURCE OF HOPE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net deficit of £227 for the year, with total unrestricted funds decreasing slightly to £13,424. The reserves policy targets three to six months of planned expenditure, and the current reserves are below this stated target. The trustees maintain that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| SEEDFIELD TRUST | FY2024 | £3k | |
| SEEDFIELD TRUST | FY2023 | £3k | |
| THE ARCHER TRUST | FY2024 | £2k | |
| SEEDFIELD TRUST | FY2025 | £2k | |
| SEEDFIELD TRUST | FY2021 | £1k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE NISBET TRUST | 1 | £30k |
| THE BURDEN TRUST | 1 | £18k |
| THE PORTISHEAD NAUTICAL TRUST | 1 | £12k |
| THE MRS L D ROPE THIRD CHARITABLE SETTLEMENT | 1 | £12k |
| SOUTHWICK METHODIST CHURCH | 1 | £4k |
| MAGDALEN HOSPITAL TRUST | 1 | £2k |
| THE CHARLES LEWIS FOUNDATION | 1 | £1k |
Charities like this
- CENTRE OF HOPE
- HOPE AND HELP
- LEAP INTO HOPE
- HOPE CHURCH, IPSWICH
- HOPE FOR THE NATIONS CHILDRENS CHARITY
- HOPE MINISTRIES LONDON
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SOURCE OF HOPE LIMITED | £148k | — | 0 | unclear | — | no doubt |
| CENTRE OF HOPE | £75k | — | 0 | below | — | no doubt |
| HOPE AND HELP | £77k | — | 0 | unclear | — | no doubt |
| LEAP INTO HOPE | £39k | — | 0 | above | — | no doubt |
| HOPE CHURCH, IPSWICH | £932k | — | 0 | above | — | no doubt |
| HOPE FOR THE NATIONS CHILDRENS CHARITY | £64k | — | 0 | unclear | — | no doubt |