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HOUSES OF PROMISE

Registered charity 1194658 · accounts filings on the Charity Commission register

Houses of Promise (HOPE-UK) are building a children's centre in Kent, just outside the capital Freetown in Sierra Leone. This first centre will be able to support 12 children. It will provide a home, health care, food, clothing & education to give these children a hope and a future.

Causes: The Prevention Or Relief Of Poverty · Religious Activities · Get email alerts

Latest income
£27k
Latest spending
£37k
Registered
2021
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with unrestricted cash reserves of £6,848, which exceeds its stated policy target of holding no less than £3,000. Although the charity spent more on grants and administration than it received in income during the year, resulting in a decrease in cash, the trustees confirm compliance with their reserves policy.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: no less than £3,000 (held: £7k)
“the charity should aim to hold cash of no less than £3,000 so that the charity can meet its statutory obligations for a period of at least 12 months.”
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Two trustees (Dr Alieu Amara and Kadie Amara) serve as directors of Houses of Promise SL, a related company that owns and runs the children's centre. The accounts state they do not benefit financially.
“Two of the charity's trustees (namely Dr Alieu Amara and Kadie Amara) serve as this company's only directors; they do not benefit financially from their involvement with Houses of Promise SL.”
Per its FY2024 accounts as filed with the Charity Commission.
Trading subsidiary: Houses of Promise SL
“Houses of Promise SL is registered as a company limited by guarantee in Sierra Leone. It owns the children's centre that is being built in Sierra Leone and will be responsible for running the children's centre once it is completed.” — page 9
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Sierra Leone

Income and spending

Financial year endIncomeSpending
31/12/2024£27k£37k
31/12/2023£27k£19k
31/12/2022£45k£37k
31/12/2021£0£0

Common questions

Is HOUSES OF PROMISE financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with unrestricted cash reserves of £6,848, which exceeds its stated policy target of holding no less than £3,000. Although the charity spent more on grants and administration than it received in income during the year, resulting in a decrease in cash, the trustees confirm compliance with their reserves policy. Its FY2024 accounts were independently examined.