THE COMMUNITY HOPE PROJECT
Financial health, per its FY2025 accounts
The accounts state that the charity generated a net surplus of £5,183.98 for the year ended March 2025, with total unrestricted funds carried forward increasing to £105,934.29. The trustees report adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. Reserves stand at £41,145.99 as of December 2021, which the trustees note is equivalent to 27 months of operational costs, well above their stated policy target of six months.
What the accounts disclose
“Shop Sales: £51908.52” — page 2
“The target is to maintain reserves sufficient to cover at least 6 months of core activities to protect against unforeseen circumstances.” — page 2
Trustees
- Gillian Buftonchair
- Janice Preen
- MICHELLE BUFTON
- Maureen Wendy Gough
- Teressa Brown
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £52k | £47k |
| 31/03/2024 | £60k | £41k |
Common questions
Is THE COMMUNITY HOPE PROJECT financially healthy?
Per its FY2025 accounts: The accounts state that the charity generated a net surplus of £5,183.98 for the year ended March 2025, with total unrestricted funds carried forward increasing to £105,934.29. The trustees report adequate resources to continue in operational existence for the foreseeable future, maintaining a going concern basis. Reserves stand at £41,145.99 as of December 2021, which the trustees note is equivalent to 27 months of operational costs, well above their stated policy target of six months. Its FY2025 accounts were independently examined.