Finance Score: -1

Governance Score: -1

Support Score: 0

Low unrestricted reserves: -2
Deficit latest year: -2
Fundraising costs low: +3

No volunteer policy: -2
Only 3 Trustees: -2
Gender balanced board: +3

No supporters identified

Overall GiG Score: -2

HOPESTEAD

The objects of the CIO are to relieve people who are in need by reason of homelessness through the prevention, reduction or alleviation of homelessness and the causes of homelessness and by the creation of sustainable communities primarily in but not limited to the East of England by the making of grants, delivery of services to those in need, the creation of sustainable communities etc.

Analysis by Giving is Great

Positives:

Fundraising costs are unusually low relative to funds raised

Regulatory & Governance issues to consider:

Although this charity works with volunteers it does not have a Volunteer Management policy
There are only 3 trustees

Financial issues to consider:

Unrestricted reserves appear to be dangerously low at the latest year end
Income was lower than spending in the latest year

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E	Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff	Volun- teers
31/03/23	£1,017	£1,139	£-122	£4	£271	£271	2.9	3	15
31/03/22	£657	£530	£126	£4	£393	£393	8.9	3	0
31/03/21	£390	£123	£267	n/a	n/a	n/a	n/a	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 0.4%
Fundraising Costs/Total Spending: 0.4%
Highest pay band: Less than £60,000
Liabilities/Assets: 36%
Liabilities/Income: 15%
Unrestricted Funds/Total Funds: 100%
Reserves/Spending: 2.9 months
Net Current Assets/Spending: 3 months
Quick Ratio: 2.7

Asset Split ?

Established: 4 years

hopestead.org

Marie-Claire.Delbrouque@samphire-homes.co.uk

08081699297

Charity Commission for England and Wales

Listed activities

Disability
The Prevention Or Relief Of Poverty

GiG Classification

Technical, vocational and continuing education

How it operates

Makes Grants to Individuals
Makes Grants to Organisations
Other charitable activities
Provides advocacy/advice/information
Provides services

Where it operates

Throughout England,

Who it helps

Children/Young People
Elderly/Old People
Other Charities Or Voluntary Bodies
People With Disabilities

Who works here?

3 employees
15 volunteers

Who's supporting them? ?

We have no records of donations from grant makers.

How is it governed?

Trustees (3)

Current Trustees appointed

Gender Split

CECILIA MARY TREDGET (Chair) Appointed: 2023

DANIELLE GOLDING Appointed: 2021

MATTHEW JOHN TOWNSEND Appointed: 2023, Other trusteeship: THE BENJAMIN FOUNDATION,

Legal constitution

Charity registered in England & Wales on 09/07/2020, number: 1190324

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

3 returns made; all on time

Main office

Hopestead
31 King Street
NORWICH
NR1 1PD

Objectives

THE OBJECTS OF THE CIO ARE TO RELIEVE PEOPLE WHO ARE IN NEED BY REASON OF HOMELESSNESS BY THE PREVENTION, REDUCTION AND ALLEVIATION OF HOMELESSNESS AND THE CAUSES OF HOMELESSNESS AND BY THE CREATION OF SUSTAINABLE COMMUNITIES PRIMARILY IN BUT NOT LIMITED TO THE EAST OF ENGLAND BY ENGAGING IN THE FOLLOWING: • THE MAKING OF GRANTS;• THE PROVISION AND DELIVERY OF SERVICES TO INDIVIDUALS AND ORGANISATIONS IN NEED;• ENGAGING IN PARTNERSHIPS WITH ORGANISATIONS WORKING TO PREVENT, REDUCE, RELIEVE OR ALLEVIATE HOMELESSNESS AND ITS CAUSES AND TO CREATE SUSTAINABLE COMMUNITIES; AND• BY ANY OTHER MEANS AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE.

Data Sources