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VOLUNTARY SECTOR CENTRES

Registered charity 1105259 · accounts filings on the Charity Commission register · also known as FIRM FAMILY FOUNDATIONS, KENSINGTON CHARITY CENTRE

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Latest income
£1.7m
Latest spending
£1.7m
Registered
2004
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves stood at £2,292,814, which is above the stated policy target of one quarter's income. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, and the independent auditors issued an unqualified opinion confirming the financial statements give a true and fair view.

What the accounts disclose

Reserves policy: one quarter's income (held: £2.3m)
“Balances of unrestricted funds held in reserve will not exceed the equivalent of one quarters income.”
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity is landlord to Governance Ministries Charity (1051780) - a Charity that has Trustees in common at the London Studios. Transactions are conducted at market value.
“The Charity is landlord to Governance Ministries Charity (1051780) - a Charity that has Trustees in commonat the London Studios. Transactions are conducted at marl&et value.” — page 27
“The Charity, via its wholly owned subsidiary, Voluntary Sector Centres 1 Ltd, has a 37. 13% in Mansion Garden Estates Ltd. During the year, services and recharges totalling f150,567 (2022 - 6144, 129) were supplied by Mansion Garden Estates Ltd. $16,342 (gross) (2022 - 612,550) was outstanding in this regard at the year end.” — page 27
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Charity, via subsidiary Voluntary Sector Centres 1 Ltd, has 37.13% in Mansion Garden Estates Ltd. Services/recharges supplied by MGE totalling £150,567 were outstanding £16,342 at year end.
“The Charity is landlord to Governance Ministries Charity (1051780) - a Charity that has Trustees in commonat the London Studios. Transactions are conducted at marl&et value.” — page 27
“The Charity, via its wholly owned subsidiary, Voluntary Sector Centres 1 Ltd, has a 37. 13% in Mansion Garden Estates Ltd. During the year, services and recharges totalling f150,567 (2022 - 6144, 129) were supplied by Mansion Garden Estates Ltd. $16,342 (gross) (2022 - 612,550) was outstanding in this regard at the year end.” — page 27
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by McCabe Ford Williams. Discloses 5 of 6 completeness components.

Structured financials (annual return, FY ending 30/04/2025)

Total income
£1.7m
Total spending
£1.7m
Reserves (reported)
£1.2m
Employees
13

Reported reserves equal ~8.5 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

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

Operates in: Throughout England And Wales

Income and spending

Financial year endIncomeSpending
30/04/2025£1.7m£1.7m
30/04/2024£2.5m£2.5m
30/04/2023£2.8m£2.8m
30/04/2022£2.5m£2.4m
30/04/2021£2.3m£1.9m

Common questions

Is VOLUNTARY SECTOR CENTRES financially healthy?

The accounts state that unrestricted reserves stood at £2,292,814, which is above the stated policy target of one quarter's income. The trustees report no material uncertainties regarding the charity's ability to continue as a going concern, and the independent auditors issued an unqualified opinion confirming the financial statements give a true and fair view. Its FY2023 accounts were audited by McCabe Ford Williams.