WANSBECK CENTRE FOR VOLUNTARY SERVICE

Registered charity 1119404 · accounts filings on the Charity Commission register · also known as NORTHUMBERLAND COMMUNITY AND VOLUNTARY ACTION

Latest income
£478k
Latest spending
£409k
Registered
2007
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity generated a surplus of £68,513 for the year ended 31 March 2025, increasing its total net assets to £192,880. However, the trustees explicitly disclose material uncertainties regarding future funding, noting that securing core funds has been difficult and contracts are ending. Despite these risks, the trustees consider adequate resources are available to continue operations for the foreseeable future.

What the accounts disclose

Reserves policy: nine months of core fund running costs (held: £174k)
we need more than the running cost of the core funds safeguarded for at least nine months
Per its FY2025 accounts as filed with the Charity Commission.
Going concern: material uncertainty disclosed
The Trustees have reviewed the present state of the charity and they consider that adequate resources are available to fund the activity of the charity for the foreseeable future. The Trustees consider that there are material uncertainties in terms of future funding. — page 9
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Structured financials (annual return, FY ending 31/03/2023)

Total income
£763k
Total spending
£767k
Reserves (reported)
£209k
Employees
22

Reported reserves equal ~3.3 months of spending — below the median for charities its size (median 7.0 months; benchmarks).

Trustees

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

Operates in: Northumberland

Income and spending

Financial year endIncomeSpending
31/03/2025£478k£409k
31/03/2024£389k£474k
31/03/2023£763k£767k
31/03/2022£769k£721k
31/03/2021£757k£707k

Common questions

Is WANSBECK CENTRE FOR VOLUNTARY SERVICE financially healthy?

The accounts state that the charity generated a surplus of £68,513 for the year ended 31 March 2025, increasing its total net assets to £192,880. However, the trustees explicitly disclose material uncertainties regarding future funding, noting that securing core funds has been difficult and contracts are ending. Despite these risks, the trustees consider adequate resources are available to continue operations for the foreseeable future. Its FY2025 accounts were independently examined.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
Postcode Lottery10/02/2025£40kMillionaire Street 2025 02w4

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with ASSOCIATION OF VOLUNTARY ORGANISATIONS IN WREXHAM.