HOPE PARK
The Trust was established in 1974 after the 10.6 acres of land was bequeathed to the Town Council from the Estate of Sir Percy Hope OBE.JP. The Trust object is the provision of a pleasure ground and garden for recreation and enjoyment for the inhabitants of, and visitors to, the town of Keswick and neighbourhood.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net outgoing resource of £82,405 for the year, primarily due to a £110,000 grant to Fitz Park Trust. Despite this deficit, the charity holds unrestricted revenue reserves of £152,204, which significantly exceed its stated policy target of approximately £40,000 (representing three months of running costs).
What the accounts disclose
“Ideally the level of reserves would represent 3 months of the previous years running costs which is in the region of £40,000.”
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £218k | £301k |
| 31/03/2024 | £213k | £147k |
| 31/03/2023 | £224k | £158k |
| 31/03/2022 | £224k | £142k |
| 31/03/2021 | £105k | £131k |
Common questions
Is HOPE PARK financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net outgoing resource of £82,405 for the year, primarily due to a £110,000 grant to Fitz Park Trust. Despite this deficit, the charity holds unrestricted revenue reserves of £152,204, which significantly exceed its stated policy target of approximately £40,000 (representing three months of running costs). Its FY2025 accounts were independently examined.