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VOLUNTEER CENTRE HACKNEY

Registered charity 1068104 · accounts filings on the Charity Commission register · also known as HACKNEY AGENCY FOR VOLUNTEERING, HACKNEY VOLUNTARY ACTION

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Latest income
£1.2m
Latest spending
£1.2m
Registered
1998
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity achieved a surplus of £30,285 for the year ended 31 March 2024, with total income increasing to £1,136,629 from £926,931 the previous year. Per the trustees' report, unrestricted funds stood at £113,769 against a reserves policy target of maintaining a minimum of 15% of annual costs, working towards 25%. The trustees and auditors confirmed that adequate resources exist to continue operational existence for the foreseeable future with no material uncertainties.

What the accounts disclose

Highest-paid employee band: £60,001 - £65,000 — below the median for charities its size (£70k)
“One employee received employee benefits (excluding employer pension costs) amounting to between £60,000 and £65,000 (2023: one).” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Employees paid over £60,000: 1
“One employee received employee benefits (excluding employer pension costs) amounting to between £60,000 and £65,000 (2023: one).” — page 24
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: minimum of 15% of annual costs, working towards 25% (three months operating costs) (held: £114k)
“The Board has agreed that while it will maintain reserves at a minimum of 15% of annual costs, it will work towards increasing this to 25% (three months operating costs) going forward.” — page 11
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by Raffingers LLP. Discloses 6 of 6 completeness components.

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

Total income
£1.2m
Total spending
£1.2m
Reserves (reported)
£229k
Employees
23

Reported reserves equal ~2.2 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Hackney

Income and spending

Financial year endIncomeSpending
31/03/2025£1.2m£1.2m
31/03/2024£1.1m£1.1m
31/03/2023£927k£848k
31/03/2022£891k£833k
31/03/2021£564k£544k

Common questions

Is VOLUNTEER CENTRE HACKNEY financially healthy?

The accounts state that the charity achieved a surplus of £30,285 for the year ended 31 March 2024, with total income increasing to £1,136,629 from £926,931 the previous year. Per the trustees' report, unrestricted funds stood at £113,769 against a reserves policy target of maintaining a minimum of 15% of annual costs, working towards 25%. The trustees and auditors confirmed that adequate resources exist to continue operational existence for the foreseeable future with no material uncertainties. Its FY2024 accounts were audited by Raffingers LLP.

What does the highest-paid employee of VOLUNTEER CENTRE HACKNEY earn?

Per its FY2024 accounts, the highest-paid employee was in the £60,001 - £65,000 band, and 1 employees earned over £60,000.