HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)
The organisation current activities are:- Advice, information and referrals- Employment training-Supplementary education for children- Befriending services- health promotion- English skills training - recreational activities
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net surplus of £458 for the year ended 28 February 2024, with total net assets increasing to £10,912. Per the trustees' report, the organization maintains unrestricted reserves of £6,900 against a stated policy target of retaining 5 to 10% of its unrestricted fund. The independent examiner confirmed that the financial statements give a true and fair view of the charity's state of affairs.
What the accounts disclose
“The organization reserve policy is to retain 5 to 10 % of its unrestricted fund beyond its financial year to keep the organization running.” — page 9
Trustees
- Ikhlass Mohamedchair
- Dawd Adam Abute
- MOHAMMED ADAWI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £34k | £29k |
| 29/02/2024 | £25k | £23k |
| 28/02/2023 | £26k | £23k |
| 28/02/2022 | £18k | £16k |
| 28/02/2021 | £16k | £12k |
Common questions
Is HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO) financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £458 for the year ended 28 February 2024, with total net assets increasing to £10,912. Per the trustees' report, the organization maintains unrestricted reserves of £6,900 against a stated policy target of retaining 5 to 10% of its unrestricted fund. The independent examiner confirmed that the financial statements give a true and fair view of the charity's state of affairs. Its FY2025 accounts were independently examined.
Who funds HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO)?
Funders whose own accounts filings name HOPE FOR AFRICANS DEVELOPMENT ORGANISATION (HADO) as a grant recipient include HAMMERSMITH UNITED CHARITIES.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HAMMERSMITH UNITED CHARITIES | FY2024 | £8k | Works to advance education and relieve sickness, distress and poverty amongst local ethnic minoritized older people aged 60-85 years who are unwell or isolated; |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 12/07/2024 | £20k | Helping ex-offender young people |
| The National Lottery Community Fund | 27/08/2021 | £10k | Reducing Early Pregnancy amongst Refugee Young Girls |
| UK government | 21/08/2020 | £10k | Coronavirus Community Support Fund |