Community Action Redbridge

Registered charity 1005075 · accounts filings on the Charity Commission register · also known as R C V S, REDBRIDGE COUNCIL FOR VOLUNTARY SERVICE, REDBRIDGE CVS

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Latest income
£1.1m
Latest spending
£1.1m
Registered
1991
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported total income of £1,163,806 and total expenditure of £884,388, resulting in a net surplus of £279,418 for the year. Free/unrestricted reserves stood at £552,593, which exceeds the trustees' stated policy target of three months' operating costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.

What the accounts disclose

Reserves policy: three months operating costs (held: £553k)
The Trustees believe that the minimum level of reserves should be the equivalent of three months operating costs (calculated and reviewed annually). — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Haslers. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 31/03/2025)

Total income
£1.1m
Total spending
£1.1m
Reserves (reported)
£537k
Employees
37

Reported reserves equal ~5.7 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Redbridge

Income and spending

Financial year endIncomeSpending
31/03/2025£1.1m£1.1m
31/03/2024£850k£1.2m
31/03/2023£1.2m£884k
31/03/2022£765k£954k
31/03/2021£911k£834k

Common questions

Is Community Action Redbridge financially healthy?

The accounts state that the charity reported total income of £1,163,806 and total expenditure of £884,388, resulting in a net surplus of £279,418 for the year. Free/unrestricted reserves stood at £552,593, which exceeds the trustees' stated policy target of three months' operating costs. The auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Haslers.