BRIGHT HOPE
Advancement of the Christian faith in accordance with our Statement of Faith.
Financial health, per its FY2025 accounts
The charity reported a deficit of £29,789 for the period, reducing unrestricted reserves to £34,576. The trustees confirm that these reserves exceed their stated policy target of three months' running costs (approximately £13,500). The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The charity has set a reserves target of three months running costs which currently equates to around £13,500” — page 6
“During the current financial period, the spouse of one of the trustees (Oliver Lamping) received remuneration as pastor totalling £36,214 (year ended 31 March 2024: £23,361). The relevant trustee was exempt from discusssions related to this remuneration.” — page 20
Trustees
- Oliver Daniel Lampingchair
- Barnaby Thomas Anderson Cowan
- Paul David Garratt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £50k | £77k |
| 31/03/2024 | £40k | £45k |
| 31/03/2023 | £30k | £13k |
| 31/03/2022 | £28k | £13k |
| 31/03/2021 | £31k | £7k |
Common questions
Is BRIGHT HOPE financially healthy?
Per its FY2025 accounts: The charity reported a deficit of £29,789 for the period, reducing unrestricted reserves to £34,576. The trustees confirm that these reserves exceed their stated policy target of three months' running costs (approximately £13,500). The accounts state there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.