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2023-02-28-accounts

Trustees’ Annual Report and Accounts

SPARK OF HOPE

Charity Number: 1180513 Financial Year: 01 March 2022 – 28 February 2023

Trustees’ Annual Report

1. Reference and Administrative Details

Charity name: Spark of Hope Charity number: 1180513

Principal address: 16 Arthur Street Gravesend DA11 0PP

Telephone: 07848 186266 Email: bksparkofhope@gmail.com Website: www.sparkofhope.co.uk

Trustees during the year:

2. Structure, Governance and Management

Spark of Hope is a charitable organisation registered with the Charity Commission for England and Wales. The charity is governed by its constitution and managed by its trustees, who are responsible for overseeing the charity’s activities and ensuring compliance with regulatory requirements.

3. Objectives and Activities

The objects of the charity are the prevention or relief of poverty. Spark of Hope was established to:

During the financial year, the charity continued to have very limited activity and remained largely dormant due to low levels of funding.

4. Achievements and Performance

Due to limited income during the year, the charity undertook minimal charitable activity. Trustees focused on maintaining essential administrative functions and compliance, while seeking opportunities for future funding and programme delivery.

5. Financial Review

During the year ended 28 February 2023:

The deficit was met from reserves brought forward from the previous year.

At the year end, the charity held total funds of £142.

6. Reserves Policy

The charity maintains modest reserves to meet basic administrative costs. The trustees keep the reserves position under review, particularly given the low level of income.

7. Public Benefit Statement

The trustees have had due regard to the Charity Commission’s guidance on public benefit and confirm that the charity’s objectives and activities are carried out for the public benefit.

8. Plans for the Future

The trustees plan to focus on fundraising and partnership opportunities in order to increase income and enable the charity to resume and expand activities aligned with its charitable objectives.

9. Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and the Charities Act 2011.

10. Approval

This report was approved by the trustees and signed on their behalf by:

Rodney Johnson Trustee Date: _______

19 December 2025

Receipts and Payments Accounts

Receipts and Payments Statement

For the year ended 28 February 2023

Receipts

Donations and other income: £170 Total receipts: £170

Payments

Administrative costs: £220 Total payments: £220

Net deficit for the year: £50

Statement of Assets and Liabilities

As at 28 February 2023

Assets

Bank balance: £142

Liabilities

None

Net assets: £142

Notes to the Accounts

1. Basis of preparation

The accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011 and Charity Commission guidance for charities with income under £25,000.

  1. Income Income during the year was minimal and consisted of donations and small contributions.

  2. Expenditure

Expenditure during the year related solely to administrative costs.

  1. Trustee remuneration and expenses

No trustees received remuneration, and no trustee expenses were reimbursed during the year.