HOPE INTO ACTION: COVENTRY
Hope into Action Coventry provides homes for the most vulnerable in society in partnership with local churches.Our model is built on the belief that when people have a safe, secure home surrounded by loving, non-judgemental relationships they will find the strength and motivation to make positive life choices.We welcome people of all faiths and none, all ethnicities and sexualities.
Financial health, per its FY2025 accounts
The accounts state that total funds decreased from £78,208 to £65,967 due to a net outflow of £37,692, driven largely by restricted fund expenditures exceeding incoming restricted resources. Unrestricted reserves increased to £28,525, which the trustees consider sufficient for the short term, though the charity's stated policy is to maintain four to six months of core running costs. The charity operates on a going concern basis with sufficient financial resources to fund activities for the foreseeable future.
What the accounts disclose
“The charity aims to keep four to six months’ core running costs in reserves at all times.” — page 5
Trustees
- Helen Needhamchair
- Jose Bernardo Canas Hernandez
- Mathew Richard Jermyn
- Mx Jess Day-Pollard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £69k | £97k |
| 31/03/2024 | £145k | £83k |
| 31/03/2023 | £52k | £53k |
| 31/03/2022 | £57k | £45k |
| 31/03/2021 | £30k | £29k |
Common questions
Is HOPE INTO ACTION: COVENTRY financially healthy?
Per its FY2025 accounts: The accounts state that total funds decreased from £78,208 to £65,967 due to a net outflow of £37,692, driven largely by restricted fund expenditures exceeding incoming restricted resources. Unrestricted reserves increased to £28,525, which the trustees consider sufficient for the short term, though the charity's stated policy is to maintain four to six months of core running costs. The charity operates on a going concern basis with sufficient financial resources to fund activities for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds HOPE INTO ACTION: COVENTRY?
Funders whose own accounts filings name HOPE INTO ACTION: COVENTRY as a grant recipient include THE MAURICE AND HILDA LAING CHARITABLE TRUST, THE EDWARD CADBURY CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE MAURICE AND HILDA LAING CHARITABLE TRUST | FY2024 | £21k | Social Welfare and Community |
| THE EDWARD CADBURY CHARITABLE TRUST | FY2025 | £4k | Compassionate Support |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/01/2024 | £20k | Tenant Empowerment |
| The National Lottery Community Fund | 10/12/2021 | £10k | Hope into Action: Coventry Expansion Plan |