CORNWALL VOLUNTARY SECTOR FORUM
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £3,768,193 for the year ended 31 March 2025, resulting in total funds of £6,072,829. Per the trustees' report, unrestricted reserves stood at £267,545, which is above the stated minimum policy target of £187,500. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
“One employee received emoluments of between £60,000 and £70,000 (2024: Two employees received emoluments of between £60,000 and £70,000).” — page 27
“One employee received emoluments of between £60,000 and £70,000” — page 27
“At minimum CVSF, should aim to have £187,500 in reserves to ensure it can cover staff costs for a quarter. Better practice would be to have £375,000 in reserves, which would enable the staff team to continue operating at its current capacity for 6 months.” — page 5
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (18/02/2025)
- Received assets from another charity (15/04/2015)
Trustees
- Melanie Colton-Dyerchair
- Dr Alison Flanagan
- Ellie Trebilcock
- Kate Reed
- Keith Mitchell
- Rebecca Wilton
- Samuel Peter Hudspith
- Tracey Jane Lee
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.7m | £2.0m |
| 31/03/2024 | £1.5m | £2.6m |
| 31/03/2023 | £967k | £773k |
| 31/03/2022 | £3.2m | £145k |
| 30/09/2021 | £425k | £251k |
Common questions
Is CORNWALL VOLUNTARY SECTOR FORUM financially healthy?
The accounts state that the charity reported a surplus of £3,768,193 for the year ended 31 March 2025, resulting in total funds of £6,072,829. Per the trustees' report, unrestricted reserves stood at £267,545, which is above the stated minimum policy target of £187,500. The auditors confirmed that the use of the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2025 accounts were audited by TC Group.
What does the highest-paid employee of CORNWALL VOLUNTARY SECTOR FORUM earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.