Trustees’ Annual Report and Accounts
SPARK OF HOPE
Charity Number: 1180513 Financial Year: 01 March 2023 – 28 February 2024
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:
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Rodney Johnson
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Afarin Nejad
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:
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Make food available for underprivileged children and their families
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Support struggling institutional orphanages to become stable, loving, and nurturing homes
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Establish healthcare and education programmes to support children and their families
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Train women to provide care within the community
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 continuing to explore opportunities for future fundraising.
5. Financial Review
During the year ended 28 February 2024:
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Total income amounted to £90
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Total expenditure amounted to £130, relating to administrative costs
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The charity recorded a deficit of £40 for the year
The deficit was met from reserves brought forward from the previous year.
At the year end, the charity held total funds of £102.
6. Reserves Policy
The charity maintains modest reserves to meet basic administrative costs. The trustees continue to monitor the reserves position carefully, 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 aim to focus on fundraising initiatives and partnerships in order to improve the charity’s financial position and enable the delivery of charitable activities in line with its 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 25
Receipts and Payments Accounts
Receipts and Payments Statement
For the year ended 28 February 2024
Receipts
Donations and other income: £90 Total receipts: £90
Payments
Administrative costs: £130 Total payments: £130
Net deficit for the year: £40
Statement of Assets and Liabilities
As at 28 February 2024
Assets
Bank balance: £102
Liabilities
None
Net assets: £102
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.
2. Income
Income during the year consisted of small donations.
3. Expenditure
Expenditure during the year related solely to administrative costs.
- Trustee remuneration and expenses No trustees received remuneration, and no trustee expenses were reimbursed during the year.