ASSOCN OF CHIEF EXECUTIVES OF VOL ORGS - ACEVO
Financial health, per its FY2025 accounts
The accounts state that the charity reported a total deficit of £115,789 for the year ended 31 March 2025, resulting in a decrease in total net assets to £527,146. The trustees maintain that the organization is in a strong position to continue as a going concern, citing unrestricted free reserves of £396,254 which fall within their stated prudent policy target of three to five months of planned expenditure.
What the accounts disclose
“The trustees consider that it would be prudent to set aside an amount equivalent to between three to five months of the forthcoming year’s planned expenditure costs – for 2024-25 this would be between £296,600 and £587,200. The free reserves at 31 March 2025 were £396,254.” — page 16
“A management charge of £176,098 (2024: £186,153) was made for the year to the charity's trading subsidiary, ACEVO Solutions ltd.” — page 37
“A distribution of profits for the year of £39,216 (2024: £89,877) was received from the charity's trading subsidiary.” — page 37
“A management charge of £176,098 (2024: £186,153) was made for the year to the charity's trading subsidiary, ACEVO Solutions ltd.” — page 37
“A distribution of profits for the year of £39,216 (2024: £89,877) was received from the charity's trading subsidiary.” — page 37
“ACEVO Solutions Ltd is a wholly owned subsidiary company of ACEVO, delivering corporate sponsorship and affinity activity which support ACEVO’s main charitable activities.” — page 14
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Mark Norburychair
- Catherine Mole
- Jane Ide
- Jonathan Alexander Aikens
- Jools Townsend
- Kye Lockwood
- Neil Heslop
- Rashid Iqbal
- Rebecca Wilkinson
- Sarah Atkinson
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.7m |
| 31/03/2024 | £1.4m | £1.5m |
| 31/03/2023 | £1.2m | £1.2m |
| 31/03/2022 | £1.1m | £966k |
| 31/03/2021 | £1.0m | £915k |
Common questions
Is ASSOCN OF CHIEF EXECUTIVES OF VOL ORGS - ACEVO financially healthy?
The accounts state that the charity reported a total deficit of £115,789 for the year ended 31 March 2025, resulting in a decrease in total net assets to £527,146. The trustees maintain that the organization is in a strong position to continue as a going concern, citing unrestricted free reserves of £396,254 which fall within their stated prudent policy target of three to five months of planned expenditure. Its FY2025 accounts were audited by Sayer Vincent LLP.