Charity Accounts Intelreading the accounts so you don’t have to

HCA HOPE FUND UK

Registered charity 1197660 · accounts filings on the Charity Commission register

The Charity exists to provide relief of financial hardship of persons who are permanently employed by HCA International Limited and the Dependants of such persons by providing grants to individuals.

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

Latest income
£73k
Latest spending
£123k
Registered
2022
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased from £254,868 to £205,679 due to grants paid out exceeding incoming donations. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, with a reasonable expectation of operational existence until December 2026.

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

What the accounts disclose

Largest income source: none
“In December 2023, the Board of HCA International Limited approved a proposed donation of £250,000 to be made by HCA International Limited to HCA Hope Fund UK during 2024. An initial payment of £100,000 was approved and paid in March 2024, and the remainder was approved in August 2024 and paid in September 2024.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient reserves are retained to ensure the ongoing viability of the charity (held: £206k)
“The trustees have examined the charity’s requirements for reserves. Grants will be restricted to a level whereby sufficient reserves are retained to ensure the ongoing viability of the charity. This approach is subject to annual review.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: HCA International Limited is the founder and sole member of the charity. Since incorporation, HCA International Limited has provided financial and non-financial support in order to facilitate the achievement of the charity’s objectives. Several employees of HCA International Limited are (or have been) trustees of HCA Hope Fund UK.
“HCA International Limited is the founder and sole member of the charity. Since incorporation, HCA International Limited has provided financial and non-financial support in order to facilitate the achievement of the charity’s objectives. Several employees of HCA International Limited are (or have been) trustees of HCA Hope Fund UK.” — page 3
“HCA Hope Fund UK benefits from the use of a number of facilities and human resources provided by HCA International Limited for which £nil consideration is paid.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The charity benefits from the use of facilities and human resources provided by HCA International Limited for which £nil consideration is paid.
“HCA International Limited is the founder and sole member of the charity. Since incorporation, HCA International Limited has provided financial and non-financial support in order to facilitate the achievement of the charity’s objectives. Several employees of HCA International Limited are (or have been) trustees of HCA Hope Fund UK.” — page 3
“HCA Hope Fund UK benefits from the use of a number of facilities and human resources provided by HCA International Limited for which £nil consideration is paid.” — page 12
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: The independent examiner (Ernst & Young LLP) is also the auditor of HCA International Limited and is remunerated by HCA International Limited for services to the charity. The fee for the charity was £7,275.
“HCA International Limited is the founder and sole member of the charity. Since incorporation, HCA International Limited has provided financial and non-financial support in order to facilitate the achievement of the charity’s objectives. Several employees of HCA International Limited are (or have been) trustees of HCA Hope Fund UK.” — page 3
“HCA Hope Fund UK benefits from the use of a number of facilities and human resources provided by HCA International Limited for which £nil consideration is paid.” — page 12
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: Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£73k£123k
31/12/2023£250k£81
31/12/2022£5k£51

Common questions

Is HCA HOPE FUND UK financially healthy?

Per its FY2024 accounts: The accounts state that total funds decreased from £254,868 to £205,679 due to grants paid out exceeding incoming donations. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, with a reasonable expectation of operational existence until December 2026. Its FY2024 accounts were independently examined.