Hope for Addiction UK Ltd
Latest income
£228k
Latest spending
£225k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted funds total £375,685, which the trustees consider provides adequate liquidity for approximately six months against a stated reserves policy target of £100,000. The charity reported a net surplus of £2,402 for the year, having previously incurred a deficit, and holds no defined-benefit pension deficit.
What the accounts disclose
Related-party transaction: Property purchase/Loan
“Loans represent the equity share that Terence McCutcheon, Executive Director, holds in the property. This is repayable in full on any future sale of the property.” — page 18
Per FY2025 accounts as filed with OSCR.