V Learning Network
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.
What the accounts disclose
“The charity maintains a policy of maintaining sufficient unrestricted funds to meet its operational needs” — page 6
Structured financials (annual return, FY ending 31/07/2025)
Trustees
- Anne Marie Victoria Bishop
- Colin Wadsworth
- Harriet Evans
- Matthew Crossey
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 25/10/2012 | £7k | "Living and Working in Ambleside" |