VANBRUGH COMMUNITY ASSOCIATION
The objective of Vanbrugh Community Association is to promote the benefit of the inhabitants of London Borough of Greenwich by furthering their education, social welfare and leisure as a means of improving their quality of life, and specifically by managing a community centre to provide a base for these activities.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £7,423 for the year ended 31 March 2025, an improvement on the previous year's deficit of £8,049. Per the trustees' report, unrestricted reserves stood at £157,053, which is above the stated policy target of six months' operating costs (calculated at £150,000 based on the 2022 review). The trustees acknowledge the challenging financial environment but confirm the organisation remains viable with strong community demand.
What the accounts disclose
“The policy of the VCA is to hold financial reserves that, at minimum, are equivalent to the total operating costs of Mycenae House for a period of six months. For the year to March 2022 the Trustees considered that the appropriate level for the reserve was £150,000” — page 4
Structured financials (annual return, FY ending 31/03/2021)
Trustees
- Jane Stephensonchair
- Harpreet Sanghara
- Joel Thomas
- Laura Kay Guthrie Durrant
- Mary Tedford Spence
- PETER DIXON
- ROGER ALLEN
- Roger P Patenall
- Russell Whitehouse
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £493k | £501k |
| 31/03/2024 | £460k | £468k |
| 31/03/2023 | £439k | £466k |
| 31/03/2022 | £381k | £385k |
| 31/03/2021 | £514k | £338k |
Common questions
Is VANBRUGH COMMUNITY ASSOCIATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure deficit of £7,423 for the year ended 31 March 2025, an improvement on the previous year's deficit of £8,049. Per the trustees' report, unrestricted reserves stood at £157,053, which is above the stated policy target of six months' operating costs (calculated at £150,000 based on the 2022 review). The trustees acknowledge the challenging financial environment but confirm the organisation remains viable with strong community demand. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE VEOLIA ENVIRONMENTAL TRUST | 1 | £154k |
| THE BALLINGER CHARITABLE TRUST | 1 | £40k |
| CHARITY OF SIR RICHARD WHITTINGTON | 1 | £37k |
| ST ANDREW HOLBORN AND STAFFORD'S CHARITY | 1 | £37k |
| DRAPERS CHARITABLE FUND | 1 | £25k |
| Point North Community Foundation | 1 | £24k |
| ST GILES-IN-THE-FIELDS AND WILLIAM SHELTON EDUCATIONAL CHARITY | 1 | £17k |
| WESTMINSTER AMALGAMATED CHARITY | 1 | £8k |
Charities like this
- BRIGHTLINGSEA COMMUNITY ASSOCIATION
- SHREWSBURY HOUSE COMMUNITY ASSOCIATION LIMITED
- THE FITZROVIA COMMUNITY CENTRE LIMITED
- SHIRLEY COMMUNITY ASSOCIATION
- WHEATLEY HILL COMMUNITY ASSOCIATION
- ST. PANCRAS COMMUNITY ASSOCIATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VANBRUGH COMMUNITY ASSOCIATION | £493k | — | 0 | unclear | — | no doubt |
| BRIGHTLINGSEA COMMUNITY ASSOCIATION | £259k | — | 0 | unclear | — | no doubt |
| SHREWSBURY HOUSE COMMUNITY ASSOCIATION LIMITED | £279k | — | 0 | below | — | no doubt |
| THE FITZROVIA COMMUNITY CENTRE LIMITED | £390k | — | 0 | below | — | no doubt |
| SHIRLEY COMMUNITY ASSOCIATION | £200k | — | 0 | unclear | — | no doubt |
| WHEATLEY HILL COMMUNITY ASSOCIATION | £336k | — | 0 | unclear | — | noted |