WATFORD NEW HOPE TRUST

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Dux Advisory Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees consider that sufficient income has been secured to cover all anticipated liabilities. The trustees are not aware of any material uncertainties which will restrict New Hope's ability to continue as a going concern and the financial statements have, therefore, been prepared on a going concern basis.”

Group structure

1. WATFORD NEW HOPE TRUST · parent
   1. New Hope Retail Ltd 100% · UK · operate retail opportunities on behalf of New Hope

Significant events

• “A new strategy, Cornerstone, was launched in September 2024.”
• “Completed the purchase of the freehold of the Sanctuary building on Exchange Rd from the freeholder, Places for People.”
• “Opened a new HopeHome supported by WBC and Watford Community Housing (WCH) and run by our Tenancy Sustainment Team (TST).”
• “Held a series of health days at the Haven where we have offered a wide range of tests and treatments.”
• “Assembled the Watford Homelessness Health Forum which first met in February 2024.”
• “Held a special event to mark the 35th anniversary of New Hope in 2025.”
• “The Watford Winter Shelter provided vital food and accommodation to 85 individuals, running from 14th November 2024 to 17th March 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  —

  Not reported

• Cash

  -15%

  £1,437,973 → £1,222,969

• Net assets

  -17%

  £3,387,386 → £2,811,741

• Employees

  +2.4%

  42 → 43

• Wages

  +12.9%

  £1,302,348 → £1,469,920

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers