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

VERDON STREET ENTERPRISES

Registered charity 1084222 · accounts filings on the Charity Commission register

The aims of the charity are to encourage and assist local community responsibility and participation in projects to improve the quality of life in Burngreave.

Causes: Economic/community Development/employment · website · Get email alerts

Latest income
£32k
Latest spending
£33k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves of £18,722 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net outgoing of resources for the year, resulting in a slight decrease in reserves from the previous year. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with accounting standards.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: between three and six month’s expenditure (held: £19k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at least at a level equivalent to between three and six month’s expenditure.” — page 4
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Property (HM Land Registry)

1 registered title in England and Wales held by the charity’s company or corporate body (1 freehold). All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Trustees · trustee networks

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

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
31/03/2025£32k£33k
31/03/2024£14k£14k
31/03/2023£10k£13k
31/03/2022£12k£14k
31/03/2021£12k£13k

Common questions

Is VERDON STREET ENTERPRISES financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves of £18,722 were maintained at the end of the year, which the trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net outgoing of resources for the year, resulting in a slight decrease in reserves from the previous year. The independent examiner confirmed that no matters came to their attention regarding the preparation of the accounts or compliance with accounting standards. Its FY2025 accounts were independently examined.