Charity Accounts Intelreading the accounts so you don’t have to

SANDWELL COUNCIL OF VOLUNTARY ORGANISATIONS (S.C.V.O.)

Registered charity 1071514 · accounts filings on the Charity Commission register · also known as S.C.V.O. · listed website unreachable when last crawled

Latest income
£1.6m
Latest spending
£1.6m
Registered
1998
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that the charity reported a surplus of £35,072 for the year ended 31 March 2023, with total resources expended of £1,852,177. The trustees consider the finances to be sound and well established, noting that the charity is entirely dependent on short and medium-term grants from a limited number of funding bodies. Total unrestricted and designated funds carried forward were £460,691.

What the accounts disclose

Reserves policy: Staffing costs - 6 months salaries plus redundancy costs for staff within the senior management team; 3 months salaries plus redundancy costs for all other staff. Premises and Business Support - 6 months of budgeted overheads of indirect costs (excluding staffing). Contracted Expenditure - full provision to be made for the remaining value of existing contractual commitments. Contingencies - to cover depreciation and renewal of key assets, and operational contingencies such as staff cover, eg for maternity or long-term sickness. (held: £461k)
“The calculation of the required level of reserves is an integral part of the organisation's planning, budget and forecast cycle and the reserve figure is recognized as a dynamic function of a set of changing financial commitments. Accordingly, the reserve level is maintained using the following formula:Staffing costs - 6 months salaries plus redundancy costs for staff within the senior management team; 3 months salaries plus redundancy costs for all other staff. Premises and Business Support - 6 months of budgeted overheads of indirect costs (excluding staffing). Contracted Expenditure - full provision to be made for the remaining value of existing contractual commitments. Contingencies - to cover depreciation and renewal of key assets, and operational contingencies such as staff cover, eg for maternity or long-term sickness.” — page 12
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by Feltons.

Corporate structure

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

Total income
£1.6m
Total spending
£1.6m
Reserves (reported)
£496k
Employees
17

Reported reserves equal ~3.8 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Sandwell

Income and spending

Financial year endIncomeSpending
31/03/2025£1.6m£1.6m
31/03/2024£1.9m£1.9m
31/03/2023£1.9m£1.9m
31/03/2022£1.6m£1.5m
31/03/2021£1.2m£1.1m

Common questions

Is SANDWELL COUNCIL OF VOLUNTARY ORGANISATIONS (S.C.V.O.) financially healthy?

The accounts state that the charity reported a surplus of £35,072 for the year ended 31 March 2023, with total resources expended of £1,852,177. The trustees consider the finances to be sound and well established, noting that the charity is entirely dependent on short and medium-term grants from a limited number of funding bodies. Total unrestricted and designated funds carried forward were £460,691. Its FY2023 accounts were audited by Feltons.

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.

FunderSimilar charities fundedAmount to them
WALES COUNCIL FOR VOLUNTARY ACTION2£1.1m
FUSION21 FOUNDATION1£81k
TWO RIDINGS COMMUNITY FOUNDATION1£64k

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