VAST SERVICES (1920)
Financial health, per its FY2025 accounts
The accounts state that total income increased to £1,727,896 from £1,289,088 in the prior year, resulting in a net surplus of £29,087. The charity holds total reserves of £506,649, with unrestricted reserves at £337,507, which the trustees note is below the reviewed requirement range of £343,000 to £1,100,000. The auditors confirmed the going concern basis is appropriate with no material uncertainties identified.
What the accounts disclose
“The trustees have carried out a review of the level of reserves necessary, taking into account the key risks identified, to ensure the sustainability of the organisation. This review indicated the need for free reserves in the range of £343,000 to £1,100,000.” — page 14
“The Dudson Centre is an independent charity (reg. No. 1059186), the trustees of the Dudson Centre have subcontracted the management of The Dudson Centre to VAST. VAST is a member of this charity.” — page 48
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- NEIL DAWSONchair
- Catherine Jones
- Clifford John Hathaway MBE
- Hayley Currie
- John Farrar
- Joseph Varley-Martin
- Michael Robert Stubbs
- Pooja Batta
- Robert Craddock
- Simon Harris
- Sophie Louise Barber
- Timothy Edwards
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.7m | £1.7m |
| 31/03/2024 | £1.3m | £1.3m |
| 31/03/2023 | £1.4m | £1.4m |
| 31/03/2022 | £1.3m | £1.2m |
| 31/03/2021 | £1.1m | £981k |
Common questions
Is VAST SERVICES (1920) financially healthy?
The accounts state that total income increased to £1,727,896 from £1,289,088 in the prior year, resulting in a net surplus of £29,087. The charity holds total reserves of £506,649, with unrestricted reserves at £337,507, which the trustees note is below the reviewed requirement range of £343,000 to £1,100,000. The auditors confirmed the going concern basis is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Geens Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 19/02/2024 | £10k | "The Dudson collection" |
| The National Lottery Heritage Fund | 24/06/2022 | £96k | "Dudson Museum School activity program" |