THURROCK C.V.S (COMMUNITY AND VOLUNTARY SERVICE)
Financial health, per its FY2025 accounts
The accounts state that the charity closed the year with a deficit of £5,612 against gross income of £1,167,776, resulting in total reserves decreasing from £1,152,171 to £1,008,127. Per the trustees' report, unrestricted reserves not designated or invested in tangible fixed assets stood at £153,441, which the trustees consider to be in line with their policy of maintaining between 3 and 6 months of core expenditure. The auditors confirmed that the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties identified.
What the accounts disclose
Corporate structure
- Registered company of the charity Companies House 04300967
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (05/09/2017)
Trustees
- Anthony Wiliam FISH
- Babatunde Ojetola
- Jon Tilley
- KEVIN EDWARD BRICE
- MICHAEL JAMES KELLY
- MICHAEL LAWRENCE HURSTHOUSE
- Roger Harris
- Scott Sullivan
- Sharleen DaCosta
- Tania Carmichael-Sitch
- Yewande Kannike
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.2m | £1.2m |
| 31/03/2024 | £845k | £948k |
| 31/03/2023 | £1.2m | £1.1m |
| 31/03/2022 | £910k | £870k |
| 31/03/2021 | £903k | £837k |
Common questions
Is THURROCK C.V.S (COMMUNITY AND VOLUNTARY SERVICE) financially healthy?
The accounts state that the charity closed the year with a deficit of £5,612 against gross income of £1,167,776, resulting in total reserves decreasing from £1,152,171 to £1,008,127. Per the trustees' report, unrestricted reserves not designated or invested in tangible fixed assets stood at £153,441, which the trustees consider to be in line with their policy of maintaining between 3 and 6 months of core expenditure. The auditors confirmed that the charity has adequate resources to continue in operation for the foreseeable future with no material uncertainties identified. Its FY2025 accounts were audited by SCB (Accountants) Ltd.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| FUSION21 FOUNDATION | 1 | £81k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |
| ESSEX COMMUNITY FOUNDATION | 1 | £44k |
| EAST RIDING VOLUNTARY ACTION SERVICES (ERVAS) LIMITED | 1 | £5k |
| VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED | 1 | £380 |