NOTTINGHAM COMMUNITY AND VOLUNTARY SERVICE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net income of £117,298 for the year ended 31 March 2024, reversing a net expenditure of £256,882 in the previous year. Per the trustees' report, the charity holds unrestricted reserves of £3,043,655, which significantly exceeds its stated policy target of six months' operation. The charity is dependent on project-based funding from partners such as the NHS and local councils, with the trustees noting that future income streams are being developed to sustain core services.
What the accounts disclose
“Our ideal position would be to hold free reserves sufficient for six months operation.” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (20/05/2025)
Trustees
- Christopher Ball
- Eunice Campbell-Clark
- Jane Todd
- Matthew Posaner
- Michael Anthony Khouri-Bent
- Nicola Cale
- Sarah Fleming
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £683k |
| 31/03/2024 | £621k | £577k |
| 31/03/2023 | £430k | £665k |
| 31/03/2022 | £827k | £559k |
| 31/03/2021 | £354k | £472k |
Common questions
Is NOTTINGHAM COMMUNITY AND VOLUNTARY SERVICE financially healthy?
The accounts state that the charity reported a net income of £117,298 for the year ended 31 March 2024, reversing a net expenditure of £256,882 in the previous year. Per the trustees' report, the charity holds unrestricted reserves of £3,043,655, which significantly exceeds its stated policy target of six months' operation. The charity is dependent on project-based funding from partners such as the NHS and local councils, with the trustees noting that future income streams are being developed to sustain core services. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 16/03/2017 | £8k | "40 years of volunteering 1977-2017" |
| The National Lottery Heritage Fund | 12/11/2014 | £10k | "The problem of the poor: the dawn of modern social action and Nottingham lives, 1875-1901" |