THE UNHEARD VOICES TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net surplus of £133,420 for the year ended 31 March 2023, funded primarily by investment income of £313,078. While unrestricted reserves stood at £4,928,880, the charity reported negative free reserves of minus £754,820 due to significant current liabilities, including a bank loan maturing in March 2024. The trustees consider the current level of unrestricted reserves sufficient to cover at least one year of cash outflows, though the charity notes reliance on the Head Trustee's support to redeem the maturing loan.
What the accounts disclose
“The Trustees are satisfied with the current level of unrestricted reserves of f. 4, 928, 880 as at 31 March 2023 (2022: f 4, 795,460) held by the Charity and believe the current level is sufficient to continue charitable operations. Free reserves as at 31 March 2023 were minus 754, 820 (2022: 86,760) (current assets less total liabilities including bank loans secured on investment properties which is maturity in March 2024). Whilst free reserves are negative, The Charity considers its unrestricted reserves and current activity as suitable to cover at least one year cash outflow for the Charity.” — page 7
“The charity is reliant on the Head Trustee's support for any shortfall of funds in the event the charity is not able to redeem its bank loan with Coutts or another bank provider, redemption due March 2024.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £776k | £290k |
| 31/03/2024 | £1.1m | £190k |
| 31/03/2023 | £322k | £189k |
| 31/03/2022 | £273k | £140k |
| 31/03/2021 | £281k | £145k |
Common questions
Is THE UNHEARD VOICES TRUST financially healthy?
The accounts state that the charity generated a net surplus of £133,420 for the year ended 31 March 2023, funded primarily by investment income of £313,078. While unrestricted reserves stood at £4,928,880, the charity reported negative free reserves of minus £754,820 due to significant current liabilities, including a bank loan maturing in March 2024. The trustees consider the current level of unrestricted reserves sufficient to cover at least one year of cash outflows, though the charity notes reliance on the Head Trustee's support to redeem the maturing loan. Its FY2023 accounts were audited by Arif Malida Chartered Accountants.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| HOLMFIELD CHARITABLE TRUST | 1 | £202k |
| CML - CHEVRAS MO'OZ LADOL | 1 | £21k |
| THE HOLDEN CHARITABLE TRUST | 1 | £13k |
| EZRAS YOEL | 1 | £10k |
| SHAAREI RACHAMIM LIMITED | 1 | £9k |
| TRUEDENE CO LIMITED | 1 | £5k |