HOPESTEAD

Registered charity 1190324 · accounts filings on the Charity Commission register

The objects of the CIO are to relieve people who are in need by reason of homelessness through the prevention, reduction or alleviation of homelessness and the causes of homelessness and by the creation of sustainable communities primarily in but not limited to the East of England by the making of grants, delivery of services to those in need, the creation of sustainable communities etc.

Causes: Disability · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£1.7m
Latest spending
£1.6m
Registered
2020
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that Hopestead reported a net income of £95,535 for the year ended 31 March 2025, with total unrestricted reserves of £486,737 and restricted reserves of £118,465. The trustees consider the unrestricted funds sufficient to finance ongoing charitable expenditure for the foreseeable future, and the independent auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three months of overhead operational expenditure (held: £487k)
“Hopestead seeks to maintain ‘free’ reserves sufficient to cover three months of overhead operational expenditure at any given time.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Hopestead purchased £136 of services from Gasway Services Limited, a fellow subsidiary of Flagship Housing Limited.
“During the year ended 31 March 2025 Hopestead purchased £136 of services from Gasway Services Limited a fellow subsidiary of Flagship Housing Limited (2024: £nil)” — page 22
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by PKF Littlejohn LLP. Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Hopestead (matched by registered charity number).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Public profiles (found on the charity’s own website): instagram

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.7m
Total spending
£1.6m
Cost of raising funds
£17k
Reserves (reported)
£487k
Employees
3

Reported reserves equal ~3.6 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (98% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 1.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
31/03/2025£1.7m£1.6m
31/03/2024£1.5m£1.3m
31/03/2023£1.0m£1.1m
31/03/2022£657k£530k
31/03/2021£390k£123k

Common questions

Is HOPESTEAD financially healthy?

Per its FY2025 accounts: The accounts state that Hopestead reported a net income of £95,535 for the year ended 31 March 2025, with total unrestricted reserves of £486,737 and restricted reserves of £118,465. The trustees consider the unrestricted funds sufficient to finance ongoing charitable expenditure for the foreseeable future, and the independent auditors confirmed no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by PKF Littlejohn LLP.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with HOPE THREE 16 LTD.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
HOPESTEAD£1.7m—0unclear—no doubt
HOPE THREE 16 LTD FY2025£365k—0unclear—no doubt
NORTHAMPTON HOPE CENTRE FY2025£1.3m—0above—no doubt
HOPE AT HOME FY2025£245k—0unclear—no doubt
RESTORE HOPE FY2025£1.4m——below—no doubt
THE FAITH HOPE & ENTERPRISE COMPANY LTD FY2025£1.2m—0above—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.