MIDDLESBROUGH VOLUNTARY DEVELOPMENT AGENCY
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
“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
“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
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Michelle Rose O'Rourkechair
- Amanda Buck
- JOHN MARTIN DANIELS
- Nicola Harkin
- Rebecca Rogerson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |
| THE DIXON FOUNDATION | 1 | £12k |
| EAST RIDING VOLUNTARY ACTION SERVICES (ERVAS) LIMITED | 1 | £5k |
| VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED | 1 | £380 |
| WOLVERHAMPTON LGBT+ | 1 | £149 |
| ROYAL SOCIETY OF WILDLIFE TRUSTS | 1 | £0 |