HOPE WORKS
Latest income
£112k
Latest spending
£122k
Registered
2020
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity's unrestricted reserves are £1,120, while the trustees consider there is no need for a minimum level of unrestricted reserves. The charity reported a net expenditure for the year, with total funds increasing from £41,008 to £69,545 due to incoming resources exceeding expenditure.
What the accounts disclose
Reserves policy: no minimum level (held: £1k)
“The trustees consider that there is no need for a minimum level of unrestricted reserves.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- Richard Keith John Mullens Mrchair
- David George Boyer Millar
- Fadzisai Gukuta
- Rev Tina May Sampson-Smith
- Sean Lee Mullens
- Tatenda Arnold Torongo Mandishona
- Vonayi Nyamazana
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £112k | £122k |
| 31/03/2024 | £113k | £120k |
| 31/03/2023 | £174k | £145k |
| 31/03/2022 | £164k | £123k |
Common questions
Is HOPE WORKS financially healthy?
The accounts state that the charity's unrestricted reserves are £1,120, while the trustees consider there is no need for a minimum level of unrestricted reserves. The charity reported a net expenditure for the year, with total funds increasing from £41,008 to £69,545 due to incoming resources exceeding expenditure. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FUTURES FOR KIDS | 1 | £239k |
| THE ALBORADA TRUST | 1 | £200k |
| THE LINBURY TRUST | 1 | £100k |
| THE MILK AND HONEY TRUST | 1 | £62k |
| GATEWAY CHURCH SWINDON | 1 | £51k |
| HOPE CHURCH ORPINGTON | 1 | £15k |
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAINT JOHN WITH SAINT JAMES, WEST EALING | 1 | £10k |
| THE PARISH OF SAINT PAUL'S HOWELL HILL WITH SAINT BARNABAS EPSOM | 1 | £6k |