HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE

Registered charity 1070612 · accounts filings on the Charity Commission register · also known as HYNDBURN & RIBBLE VALLEY CVS

Latest income
£355k
Latest spending
£317k
Registered
1998
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net expenditure of £17,713 for the year, resulting in a decrease in total funds from £213,845 to £196,132. The trustees confirm that unrestricted designated reserves of £92,407 are considered sufficient to meet the organization's stated reserves policy target of £90,000. The independent examiner confirmed that no matters gave cause to believe the accounts were inaccurate or non-compliant.

What the accounts disclose

Reserves policy: at least a third of this amount (equivalent to four months or £90,000) (held: £92k)
It has been resolved that the organisation should have at least a third of this amount (equivalent to four months or £90,000) in reserve. — page 7
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2021)

Total income
£594k
Total spending
£541k
Reserves (reported)
£80k
Employees
16

Reported reserves equal ~1.8 months of spending — in the bottom quarter for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Lancashire · North Yorkshire

Income and spending

Financial year endIncomeSpending
31/03/2025£355k£317k
31/03/2024£236k£254k
31/03/2023£468k£441k
31/03/2022£384k£404k
31/03/2021£594k£541k

Common questions

Is HYNDBURN AND RIBBLE VALLEY COUNCIL FOR VOLUNTARY SERVICE financially healthy?

The accounts state that the charity reported a net expenditure of £17,713 for the year, resulting in a decrease in total funds from £213,845 to £196,132. The trustees confirm that unrestricted designated reserves of £92,407 are considered sufficient to meet the organization's stated reserves policy target of £90,000. The independent examiner confirmed that no matters gave cause to believe the accounts were inaccurate or non-compliant. Its FY2024 accounts were independently examined.

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 BURNLEY PENDLE AND ROSSENDALE COUNCIL FOR VOLUNTARY SERVICE.