SPRING OF HOPE UK LIMITED
Latest income
£107k
Latest spending
£101k
Registered
2021
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £27,592, exceeding the trustees' reserves policy target of £3,043. The charity reported a net income surplus of £6,112 for the year, with total incoming resources of £106,824 against charitable expenditure of £100,712.
What the accounts disclose
Reserves policy: three months of regular expenditure excluding gifts to projects and other charities (held: £28k)
“The trustees aim to keep in reserves the equivalent of three months of regular expenditure excluding gifts to projects and other charities to help manage any unforeseen disruption to the charity's income.” — page 6
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Payment to Daniel Sam Limited for bookkeeping and virtual office services; Mr G E Daniel-Sam is sole director and son of trustee Pastor J Daniel-Sam.
“During the year the charity paid £72 (2024 - £379) to Daniel Sam Limited, a company in which Mr G E Daniel-Sam, son of trustee Pastor J Daniel-Sam, is the sole director. The charges were paid in respect of bookkeeping services and the provision of a virtual office.” — page 14
“The charity has donated £77,500 (2024 - £58,000) to GoodNews Aid, a UK charity in which trustee Dr G Danam is materially interested in as trustee.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donation to GoodNews Aid; trustee Dr G Danam is materially interested as a trustee of GoodNews Aid.
“During the year the charity paid £72 (2024 - £379) to Daniel Sam Limited, a company in which Mr G E Daniel-Sam, son of trustee Pastor J Daniel-Sam, is the sole director. The charges were paid in respect of bookkeeping services and the provision of a virtual office.” — page 14
“The charity has donated £77,500 (2024 - £58,000) to GoodNews Aid, a UK charity in which trustee Dr G Danam is materially interested in as trustee.” — page 14
Per its FY2025 accounts as filed with the Charity Commission.
Trustees
- Gnanadas Danamchair
- JOHNSON DANIEL-SAM
- Rev David Henry Rigby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/05/2025 | £107k | £101k |
| 31/05/2024 | £90k | £91k |
| 31/05/2023 | £70k | £65k |
| 31/05/2022 | £64k | £80k |
Common questions
Is SPRING OF HOPE UK LIMITED financially healthy?
The accounts state that unrestricted funds increased to £27,592, exceeding the trustees' reserves policy target of £3,043. The charity reported a net income surplus of £6,112 for the year, with total incoming resources of £106,824 against charitable expenditure of £100,712. Its FY2025 accounts were independently examined.
Who funds SPRING OF HOPE UK LIMITED?
Funders whose own accounts filings name SPRING OF HOPE UK LIMITED as a grant recipient include GOODNEWS AID.
Shared trustees with funders
- Gnanadas Danam — trustee here and at GOODNEWS AID
Known funders
| Funder | Year | Amount |
|---|---|---|
| GOODNEWS AID | FY2023 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| REGIONS BEYOND UK | 1 | £6k |
| NORMAN WHITELEY TRUST | 1 | £2k |