MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY

Registered charity 1094112 · accounts filings on the Charity Commission register

Latest income
£961k
Latest spending
£710k
Registered
2002
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves totalled £419,902, with £298,459 classified as free reserves. The charity reports a net income of £250,612 for the year, driven by a significant increase in charitable activity income to £902,866. The trustees note that the organization is financially dependent on grants from local authorities and government programmes.

What the accounts disclose

Reserves policy: six months running costs (held: £298k)
Our reserves policy has a formula to determine the target level of reserves to be held by the organisation, which is equivalent to six months running costs as well as consideration of organisational development priorities. — page 5
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: A trustee, Amanda Buck, is the manager of Breckon Hill Community Enterprise. The organisation received a grant of £535 during the year and was also paid a total of £1,485 in respect of participation support, room hire and catering.
A trustee, Amanda Buck, is the manager of Breckon Hill Community Enterprise. The organisation received a grant of £535 during the year and was also paid a total of £1,485 in respect of participation support, room hire and catering. £1,085 of this was outstanding at the year end. — page 7
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Structured financials (annual return, FY ending 31/03/2025)

Total income
£961k
Total spending
£710k
Reserves (reported)
£420k
Employees
15

Reported reserves equal ~7.1 months of spending — above the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Middlesbrough

Income and spending

Financial year endIncomeSpending
31/03/2025£961k£710k
31/03/2024£445k£501k
31/03/2023£687k£523k
31/03/2022£455k£510k
31/03/2021£478k£665k

Common questions

Is MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY financially healthy?

The accounts state that unrestricted reserves totalled £419,902, with £298,459 classified as free reserves. The charity reports a net income of £250,612 for the year, driven by a significant increase in charitable activity income to £902,866. The trustees note that the organization is financially dependent on grants from local authorities and government programmes. Its FY2025 accounts were independently examined.

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 MIDDLESBROUGH ENVIRONMENT CITY TRUST LIMITED.