BOLTON COMMUNITY AND VOLUNTARY SERVICES
Latest income
£3.1m
Latest spending
£3.7m
Registered
1991
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that total funds stood at £3,163,872, comprising £341,111 in unrestricted funds and £2,822,761 in restricted funds. The trustees report that free reserves of £246,330 are below their stated policy target of three to six months' running costs, noting there is 'further work to do to achieve the target level.'
What the accounts disclose
Reserves position: below the charity's own stated reserves policy
“The level of free reserves at the balance sheet date is as shown below. Including staff costs and other overheads across all our activities it leaves us with further work to do to achieve the target level.” — page 12
Per its FY2023 accounts as filed with the Charity Commission.
Leadership, per the charity’s website
- Helen Clayton — Interim CEO
- Beth Warriner — Chief Operating Officer
Structured financials (annual return, FY ending 31/03/2025)
Total income
£3.1m
Total spending
£3.7m
Cost of raising funds
£159k
Reserves (reported)
£532k
Employees
34
Register events
- Received assets from another charity (04/11/2015)
- Received assets from another charity (03/04/2014)
- Received assets from another charity (03/03/2014)
- Received assets from another charity (08/02/2013)
- Received assets from another charity (18/01/2013)
- Received assets from another charity (18/01/2013)
Trustees
- Dr Leigh Vallancechair
- Angela Brown
- Councillor Rabiya Jiva
- DAVID ANDREW KAY
- David Germain
- David Holden-Locke
- Fiona Noden
- Gary Edward Malcomson
- Georgette Kay
- JENNIFER MAHER
- Michael John Smith
- Minesh Patel
- Shenaz Zuber Makkan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £3.7m |
| 31/03/2024 | £3.5m | £3.1m |
| 31/03/2023 | £3.1m | £3.6m |
| 31/03/2022 | £3.4m | £2.2m |
| 31/03/2021 | £2.4m | £2.3m |
Common questions
Is BOLTON COMMUNITY AND VOLUNTARY SERVICES financially healthy?
The accounts state that total funds stood at £3,163,872, comprising £341,111 in unrestricted funds and £2,822,761 in restricted funds. The trustees report that free reserves of £246,330 are below their stated policy target of three to six months' running costs, noting there is 'further work to do to achieve the target level.' Its FY2023 accounts were audited by Smith & Goulding.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £235k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |
| EDWARD HOLT TRUST | 1 | £15k |
| Army Benevolent Fund | 1 | £7k |
| WOLVERHAMPTON LGBT+ | 1 | £149 |