HOPESAVERS
Charity number: 1197295 Annual Return – Reporting year: 31 March 2025
Accounts and Trustees Annual Report
For the years ended 31 March 2025 and 31 March 2024
Trustees Annual Report
The trustees present their annual report together with the financial statements of the charity for the years ended 31 March 2025 and 31 March 2024.
Reference and administrative details
Hopesavers is a charitable organisation based in Manchester. The trustees are responsible for the governance and management of the charity and for ensuring that the charity complies with its governing document and charity law.
Trustees
The trustees who served during the reporting period were Nike Badmus, Monica Osim, Oluwasegun Abiola, and Olakunle Ojo.
Objectives and public benefit
The charity’s objectives are to provide relief and support for vulnerable individuals and families through community based activities. In planning activities the trustees have had regard to the Charity Commission guidance on public benefit.
Activities and achievements
During the year ended 31 March 2025 the charity delivered crochet and craft sessions, distributed food and toiletries, and undertook community engagement and educational awareness activities aimed at reducing isolation and hardship. There was no financial activity during the year ended 31 March 2024.
Financial review
The charity operated on a receipts and payments basis. Income of £350 was received during the year ended 31 March 2025 from cash donations and proceeds from the sale of donated items. Expenditure of £350 was incurred on charitable activities resulting in a nil surplus for the year. No statutory or grant income was received. All funds held were unrestricted.
Income and Expenditure Account
| Income and Expenditure | 2024/2025 £ | 2023/2024 £ |
|---|---|---|
| Cash donations | 150 | 0 |
| Proceeds from sale of donated items | 200 | 0 |
| Total Income | 350 | 0 |
| Charitable activity costs | 350 | 0 |
| Total Expenditure | 350 | 0 |
| Surplus for the year | 0 | 0 |
Balance Sheet
| Assets and Liabilities | 31 March 2025 £ | 31 March 2024 £ |
|---|---|---|
| Cash at bank | 0 | 0 |
| Total Assets | 0 | 0 |
| Liabilities | 0 | 0 |
| Net Assets | 0 | 0 |
Approved by the trustees Nike Badmus, Trustee Monica Osim, Trustee Date: 21 January 2026