watford new hope trust

The charity supports other defined groups. Watford New Hope Trust is a registered charity whose purpose is the prevention or relief of poverty. It delivers its work by providing human resources. The charity is based in Watford and operates in Hertfordshire.

This page summarises publicly available information about the charity, including its activities, beneficiaries, and registration details, based on official records.

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Activities & Mission

Watford New Hope Trust exists to serve homeless and vulnerably-housed people by providing accommodation and opportunities to rebuild damaged lives.

Fundraising

See where Watford New Hope Trust is active and find local fundraising opportunities.

Local Authority

Hertfordshire

Financial Information

Latest Income

£3,590,288

Latest Expenditure

£2,717,470

Financial Efficiency

Program Ratio 67.0%

% of income going directly to charitable activities

Overall Efficiency 88.5%

% of expenditure going to programs (vs overhead)

Administrative Ratio 12.2%

Overhead (fundraising + governance) as % of total expenditure

Latest Financial Breakdown

Income Sources

Donations & Legacies £1,725,138

Charitable Activities £1,546,899

Other Trading £278,043

Investments £40,208

Other Income £0

Expenditure Categories

Charitable Expenditure £2,404,978

Raising Funds £312,492

Governance £18,681

Grants to Institutions £0

Other Expenditure £0

Financial Trend

Annual Returns

Financial Year	Income	Expenditure	Charitable Spending	Net Assets	Reserves	Staff
2024	£3,590,288	£2,717,470	£2,404,978	£3,387,386	£572,309	42 / 200
2023	£2,484,343	£2,336,021	£2,059,525	£2,514,568	£507,896	42 / 200
2022	£1,976,349	£2,162,187	£1,901,206	£2,366,246	£428,597	44 / 200
2021	£2,437,583	£2,375,730	£2,110,715	£2,552,084	£429,273	47 / 200
2020	£2,384,894	£2,328,731	£2,046,089	£2,490,231	£439,025	47 / 200