V Learning Network

Registered charity 1091073 · accounts filings on the Charity Commission register · also known as LEARNING PLUS, Step into Learning, V LEARNING NET

Provider of education to learners from community backgrounds within Devon and Cornwall.

Causes: Education/training · website · Get email alerts

Latest income
£2.0m
Latest spending
£2.0m
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a deficit of £62,065 for the year ended 31 July 2025, following a surplus in the previous year. Despite this, the charity held total unrestricted reserves of £425,727 at year-end, which the trustees consider adequate to meet working capital needs and sustain current activities. The trustees are confident that no material uncertainties exist regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Reserves policy: sufficient unrestricted funds to meet its operational needs (held: £426k)
“The charity maintains a policy of maintaining sufficient unrestricted funds to meet its operational needs” — page 6
Per its FY2025 accounts as filed with the Charity Commission.

Accounts audited by Blackwell Bate Ltd. Discloses 5 of 6 completeness components.

Corporate structure

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/07/2025)

Total income
£2.0m
Total spending
£2.0m
Reserves (reported)
£414k
Employees
14

Reported reserves equal ~2.4 months of spending — below the median for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

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

Operates in: Cornwall · Devon

Income and spending

Financial year endIncomeSpending
31/07/2025£2.0m£2.0m
31/07/2024£1.8m£1.7m
31/07/2023£1.3m£1.4m
31/07/2022£1.5m£1.5m
31/07/2021£2.1m£1.9m

Common questions

Is V Learning Network financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a deficit of £62,065 for the year ended 31 July 2025, following a surplus in the previous year. Despite this, the charity held total unrestricted reserves of £425,727 at year-end, which the trustees consider adequate to meet working capital needs and sustain current activities. The trustees are confident that no material uncertainties exist regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Blackwell Bate Ltd.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund15/08/2025£20kCastle and Coast Wellbeing
The National Lottery Community Fund02/06/2023£10kSILC (Step Into Learning Counselling)
The National Lottery Community Fund01/11/2018£10kLearning Plus
The National Lottery Community Fund02/11/2016£10kEmployability Support Workshop Initiative
The National Lottery Community Fund13/07/2016£8kLearning Plus
The National Lottery Heritage Fund25/10/2012£7k"Living and Working in Ambleside"
The National Lottery Community Fund22/07/2010£2kLearning Plus
The National Lottery Community Fund20/10/2005£5kCreative writing

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with OPEN COLLEGE NETWORK LONDON REGION.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
V Learning Network£2.0m—0unclear—no doubt
OPEN COLLEGE NETWORK LONDON REGION FY2025£2.1m——unclear—no doubt
LONDON BUSINESS SCHOOL STUDENT ASSOCIATION FY2025£2.5m—0within—no doubt
WEST KENT FEDERATION OF WOMEN'S INSTITUTES FY2025£104k—0above—no doubt
THE VOLUNTARY AND COMMUNITY SECTOR LEARNING AND SKILLS CONSORTIUM FY2023£1.5m—0unclear—material uncertainty
A S HORNBY EDUCATIONAL TRUST CIO FY2025£326k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.