VERDON STREET ENTERPRISES
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.
Objects
THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN SHEFFIELD AND IN PARTICULAR BUT NOT EXCLUSIVELY BURNGREAVE, BY ALL OR ANY OF THE FOLLOWING MEANS: (SEE CLAUSE 3 OF MEMORANDUM AND ARTICLES OF ASSOCIATION FOR DETAILS)
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.
What the accounts disclose
“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
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee conflicts of interest policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2024
- Volunteers: 4
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 2 were received after the due date: year ending 31/03/2023 (received 01/02/2024, 1 day after the 31/01/2024 due date); year ending 31/03/2021 (received 14/02/2022, 14 days after the 31/01/2022 due date).
Property (HM Land Registry)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HOLY TRINITY, STEVENAGE | 1 | £138 |
| THE ANDREW LLOYD WEBBER FOUNDATION | 1 | £100 |
Charities like this
- VOLUNTARY SECTOR CENTRES
- WEALDEN CITIZENS ADVICE
- GAINSBOROUGH AND DISTRICT WELFARE COMMUNITY ASSOCIATION LIMITED
- CLARENDON TRUST LIMITED
- WARRINGTON VOLUNTARY ACTION
- CLAVERDON FIELDS CHARITABLE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VERDON STREET ENTERPRISES | £32k | — | 0 | unclear | — | no doubt |
| VOLUNTARY SECTOR CENTRES | £1.7m | — | 0 | above | — | no doubt |
| WEALDEN CITIZENS ADVICE | £391k | — | 0 | unclear | — | no doubt |
| GAINSBOROUGH AND DISTRICT WELFARE COMMUNITY ASSOCIATION LIMITED | £37k | — | 0 | unclear | — | no doubt |
| CLARENDON TRUST LIMITED | £2.4m | — | 0 | unclear | — | no doubt |
| WARRINGTON VOLUNTARY ACTION | £987k | — | 0 | unclear | — | no doubt |