VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £74,961, which is below the trustees' stated policy target of maintaining reserves sufficient to cover 6 to 12 months of running costs (with a target of 9 months). Despite a net expenditure of £723,343 driven by a 45% reduction in project income, the charity reports a strong cash position of £1,114,896 and confirms its continued financial sustainability.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 2025 - £60,001 - £70,000 2024 1” — page 37
“Over and above this, VONNE holds a total of £74,961 in general unrestricted reserves, which would be sufficient to continue VONNE’s core activities for 4 months should anticipated income is not received.” — page 22
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Alison Dunnchair
- Adam Hill
- Angela Louise Brudenell
- Carol Gaskarth
- Cheryl Ann Gavin
- Colin Thompson Hewitt
- Craig Henderson
- Emma Howitt
- Modupe Ayodeji Michael Fawole
- Peter Neal
- Shaun Newton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.9m |
| 31/03/2024 | £2.4m | £1.7m |
| 31/03/2023 | £1.9m | £1.2m |
| 31/03/2022 | £832k | £720k |
| 31/03/2021 | £696k | £554k |
Common questions
Is VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST financially healthy?
The accounts state that unrestricted reserves stood at £74,961, which is below the trustees' stated policy target of maintaining reserves sufficient to cover 6 to 12 months of running costs (with a target of 9 months). Despite a net expenditure of £723,343 driven by a 45% reduction in project income, the charity reports a strong cash position of £1,114,896 and confirms its continued financial sustainability. Its FY2025 accounts were audited by BK Plus Audit Limited.
What does the highest-paid employee of VOLUNTARY ORGANISATIONS' NETWORK NORTH EAST earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band.