HOPE INTO ACTION PORTSMOUTH
We provide home for vulnerably homeless people. We seek and work with investors to purchase the properties and then work with relevant organisations to ensure homeless people are housed.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £(14,652) for the year ended 31 March 2025, resulting in total funds carried forward of £36,504. The trustees confirmed that the charity can continue to meet its obligations for at least twelve months and adopted the going concern basis. The charity's reserves policy is to maintain unrestricted funds sufficient for two to four months of existing activities.
What the accounts disclose
“£227,851 was received from Housing Allowance and represents 79% of our income.” — page 5
Trustees
- STEPHEN JAMES MACFARLANEchair
- Edward Caush
- Elizabeth Ann Caush Bsc
- Elizabeth Mitchell
- James Craig Christian MacPherson
- Rebecca Anuoluwapo Oluwaponmile
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £309k | £324k |
| 31/03/2024 | £275k | £282k |
| 31/03/2023 | £220k | £178k |
| 31/03/2022 | £117k | £122k |
| 31/03/2021 | £71k | £62k |
Common questions
Is HOPE INTO ACTION PORTSMOUTH financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £(14,652) for the year ended 31 March 2025, resulting in total funds carried forward of £36,504. The trustees confirmed that the charity can continue to meet its obligations for at least twelve months and adopted the going concern basis. The charity's reserves policy is to maintain unrestricted funds sufficient for two to four months of existing activities. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 18/11/2022 | £10k | Housing the Homeless |