CONSORTIUM OF VOLUNTARY ADOPTION AGENCIES UK LIMITED
Financial health, per its FY2025 accounts
The accounts state that the charity operated at a deficit of £57,342 for the year, eroding its unrestricted reserves from £463,521 to £406,179. The trustees acknowledge that reserves will continue to be eroded unless spending is reduced or alternative income is generated, though they currently consider the reserves adequate to meet the policy target of one year's running costs. The financial review notes that the charity remains in a position to continue its operations but faces ongoing pressure from falling membership income and reduced training uptake.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31/3/25 1” — page 26
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31/3/25 1” — page 26
“It is the policy of the trustees to ensure that sufficient reserves are maintained to cover not less than one year’s running costs for the charity.” — page 29
“The deficit was offset by our healthy opening reserves of £463,521, and although the board take the view that these reserves are there to support the organisation when it is in such a situation, we are conscious that these will continue to be eroded unless we are able to reduce our spend and can generate alternative income.” — page 4
Trustees
- Andrew Webb
- Anna Pilbrow Sharkey
- Brenda Mary Farrell
- Emma Rachel Simpson
- Judith Penelope Vaughan
- Natausha Van Vliet
- STEPHEN J SMALL
- Susan Jane White
- Terry Fitzpatrick
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £236k | £293k |
| 31/03/2024 | £231k | £267k |
| 31/03/2023 | £246k | £302k |
| 31/03/2022 | £247k | £237k |
| 31/03/2021 | £249k | £216k |
Common questions
Is CONSORTIUM OF VOLUNTARY ADOPTION AGENCIES UK LIMITED financially healthy?
The accounts state that the charity operated at a deficit of £57,342 for the year, eroding its unrestricted reserves from £463,521 to £406,179. The trustees acknowledge that reserves will continue to be eroded unless spending is reduced or alternative income is generated, though they currently consider the reserves adequate to meet the policy target of one year's running costs. The financial review notes that the charity remains in a position to continue its operations but faces ongoing pressure from falling membership income and reduced training uptake. Its FY2025 accounts were independently examined.
What does the highest-paid employee of CONSORTIUM OF VOLUNTARY ADOPTION AGENCIES UK LIMITED earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |
| WOLVERHAMPTON LGBT+ | 1 | £149 |