CUMBRIA COUNCIL FOR VOLUNTARY SERVICE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net decrease in funds of £121,550 for the year ended 31 March 2024, resulting in total net assets of £1,034,614. The trustees note that unrestricted cash reserves of £330,654 were below the agreed minimum threshold of £175,000, leading to a negative free reserves position of £135,592. Despite this, the trustees and auditors confirm the charity has adequate resources to continue as a going concern.
What the accounts disclose
“As the level of unrestricted cash reserves were below the minimum level at 31st March 2024.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Catherine Jane Bird
- Charles Watt
- JONATHAN RUSH
- Joanne Sandra Crozier
- Linda Margaret Vance
- Marc Ernest Goodwin
- Philippa Anne Elizabeth Clare
- Sheila Gregory
- Sonny David Smith
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.5m |
| 31/03/2024 | £1.5m | £1.7m |
| 31/03/2023 | £2.2m | £2.0m |
| 31/03/2022 | £1.6m | £1.5m |
| 31/03/2021 | £1.8m | £1.5m |
Common questions
Is CUMBRIA COUNCIL FOR VOLUNTARY SERVICE financially healthy?
The accounts state that the charity reported a net decrease in funds of £121,550 for the year ended 31 March 2024, resulting in total net assets of £1,034,614. The trustees note that unrestricted cash reserves of £330,654 were below the agreed minimum threshold of £175,000, leading to a negative free reserves position of £135,592. Despite this, the trustees and auditors confirm the charity has adequate resources to continue as a going concern. Its FY2024 accounts were audited by Dodd & Co Audit Limited.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Heritage Fund | 10/09/2013 | £10k | "Faith, Hope and Charity" |