HOPESTEAD
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.
What the accounts disclose
“Hopestead seeks to maintain ‘free’ reserves sufficient to cover three months of overhead operational expenditure at any given time.”
“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
Leadership, per the charity’s website
- Cecilia Tredget — Board Chair of Trustees
- Lucy Parish — Director of Operations
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (13/10/2025)
Trustees
- Cecilia Mary Tredgetchair
- Danielle Golding
- Matthew John Townsend
- Paul Coates
- Victoria Jane Seales
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| London Homelessness Foundation | 1 | £25k |
| THE MRS SMITH AND MOUNT TRUST | 1 | £20k |
| ICC MISSIONS | 1 | £10k |
| DRAPERS CHARITABLE FUND | 1 | £10k |
| THE TRUEMARK TRUST | 1 | £7k |
| C B AND H H TAYLOR 1984 TRUST | 1 | £1k |