VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED
Registered charity 1063019 · accounts filings on the Charity Commission register · also known as VANL
Financial health, per its FY2023 accounts
The accounts state that the charity achieved an operating surplus of £52,269 for the year ended 31 March 2023, reversing a deficit from the previous year. Free/unrestricted reserves increased to £379,056, with designated reserves held at £32,854, which the trustees confirm represents three months of core function costs. The trustees note a dependency on government-sponsored funding programs but highlight steps taken to diversify income through new multi-year grants.
What the accounts disclose
Reserves policy: three months of unrestricted expenditure (held: £379k)
“It is the policy of the Executive Committee to retain within designated reserves sufficient reserves to cover the expenditure of the core functions for three months.”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“The Trustees consider the Company to be a going concern for a period of at least 12 months beyond the date of the Independent Examiners report. However, in the next financial year we will be completing on the merger with East Riding Voluntary Action Services (ERVAS) Ltd and all assets and liabilities will be transferred to a new organisation Community VISION (Voluntary Infrastructure Support Involving Organisations and Networks) CIO once all permissions are in place.” — page 35
Per its FY2023 accounts as filed with the Charity Commission.
Governance: Trustee numbers below governing document requirements
“During the year, our Trustee numbers were below the requirements of our Governing Document, and we were actively recruiting for an additional Trustee.” — page 6
Per its FY2023 accounts as filed with the Charity Commission.
Accounts independently examined (not a full audit).
Trustees
Trustee list from the Charity Commission register (current, not historical).
Operates in: North Lincolnshire
Income and spending
Common questions
Is VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED financially healthy?
The accounts state that the charity achieved an operating surplus of £52,269 for the year ended 31 March 2023, reversing a deficit from the previous year. Free/unrestricted reserves increased to £379,056, with designated reserves held at £32,854, which the trustees confirm represents three months of core function costs. The trustees note a dependency on government-sponsored funding programs but highlight steps taken to diversify income through new multi-year grants. Its FY2023 accounts were independently examined.
Who funds VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED?
Funders whose own accounts filings name VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED as a grant recipient include EAST RIDING VOLUNTARY ACTION SERVICES (ERVAS) LIMITED, VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED.
Shared trustees with funders
Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.
Known funders
Grants to this charity found in funders’ own accounts filings.
Government & lottery funding
Grants to this charity published as open data by government and lottery funders (360Giving).
Funders of similar charities
Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.
Charities like this
Semantically similar by activities and financial character, from our analysed corpus. Compare with HULL COMMUNITY AND VOLUNTARY SERVICES LTD.