VICTORIA COMMUNITY ENTERPRISE LIMITED
Provision of space to commercial, charitable, voluntary and local groups with subsidised rents available for certain criteria
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a deficit of £5,201 for the year, with total income of £53,494 against expenditure of £58,695. Free unrestricted reserves stood at £22,470, which the trustees note is below the policy target of three months' operational running costs required for winding up. The trustees acknowledge that rising energy and maintenance costs impact their ability to carry out improvement works, though they maintain there are adequate resources to continue in the foreseeable future.
What the accounts disclose
“The reserves policy of Victoria Community Enterprise is that the company will retain 3 months operational running costs in order to facilitate the winding up of the company in the event of the directors agreeing at a Board meeting that the organisation is no longer viable.” — page 7
“V Ambler, a director/ trustee of the company is the MD of The Hive,a tenant of VCE and as such pays rent to VCE.” — page 16
“C Judson, a director/trustee of the Company is also an emplyee of MASKK. MASKK pays for meeting space bookings at VCE.” — page 16
“V Ambler, a director/ trustee of the company is the MD of The Hive,a tenant of VCE and as such pays rent to VCE.” — page 16
“C Judson, a director/trustee of the Company is also an emplyee of MASKK. MASKK pays for meeting space bookings at VCE.” — page 16
Property (HM Land Registry)
Trustees
- CRAIG JOHN JUDSON
- Deborah Jane Mathews
- Janet Gooch
- Jude Grundy
- MARTIN PHILIP HARRISON
- Natalie Ann Newman
- Rev Claude Mwansa Kimpinde
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £53k | £59k |
| 31/03/2024 | £41k | £48k |
| 31/03/2023 | £47k | £47k |
| 31/03/2022 | £43k | £46k |
| 31/03/2021 | £37k | £49k |
Common questions
Is VICTORIA COMMUNITY ENTERPRISE LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated at a deficit of £5,201 for the year, with total income of £53,494 against expenditure of £58,695. Free unrestricted reserves stood at £22,470, which the trustees note is below the policy target of three months' operational running costs required for winding up. The trustees acknowledge that rising energy and maintenance costs impact their ability to carry out improvement works, though they maintain there are adequate resources to continue in the foreseeable future. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/09/2016 | £7k | Get Manor Moving!! |
| The National Lottery Community Fund | 19/01/2011 | £10k | Encouraging Wildlife Gardening |