VALLEY CIDS AND RELATED CHARITIES
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves of £723,294 are below the trustees' stated policy target of six weeks' expenditure (£535,601), although the trustees note that efforts are being made to increase reserves. The trustees consider the charity to be a going concern, citing measures to reduce costs and expand trading activities to ensure resources are adequate for the foreseeable future.
What the accounts disclose
“At present there are insufficient unrestricted funds available to accomplish this” — page 12
“During the year J Brook, who was a trustee of the charity, received total remuneration of £10,774 (2022: £9,430) and pension contributions of £539 (2022: £462) as approved by the Charity Commission.” — page 32
“During the year the group made purchases totaling £6,150 (2022: £6,693) from Andrews Builders Limited a company in which the P R Whitaker and D M Whitaker are directors.” — page 39
“Unconditional donations received from trustees during the year amounted to £2,471 (2022: £4,400).” — page 39
“During the year the group made purchases totaling £6,150 (2022: £6,693) from Andrews Builders Limited a company in which the P R Whitaker and D M Whitaker are directors.” — page 39
“Unconditional donations received from trustees during the year amounted to £2,471 (2022: £4,400).” — page 39
“During the year the group made purchases totaling £6,150 (2022: £6,693) from Andrews Builders Limited a company in which the P R Whitaker and D M Whitaker are directors.” — page 39
“Unconditional donations received from trustees during the year amounted to £2,471 (2022: £4,400).” — page 39
“Valley CIDS is a charitable company which owns Valley CIDS Trading Company Limited, which is used as an agent for charity shop donations” — page 15
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (02/06/2025)
- Received assets from another charity (21/10/2015)
Trustees
- PETER RICHARD WHITAKERchair
- BRIAN JOHN CUPPLES
- DOROTHY MARY WHITAKER
- David Howe
- Dr NICOLA JOY HAMBLEY
- Jane Potter
- Rev Jonathan Roger Wilson Brook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £5.4m | £5.3m |
| 31/03/2024 | £4.9m | £4.7m |
| 31/03/2023 | £4.3m | £4.1m |
| 31/03/2022 | £4.0m | £3.8m |
| 31/03/2021 | £3.4m | £3.0m |
Common questions
Is VALLEY CIDS AND RELATED CHARITIES financially healthy?
The accounts state that unrestricted reserves of £723,294 are below the trustees' stated policy target of six weeks' expenditure (£535,601), although the trustees note that efforts are being made to increase reserves. The trustees consider the charity to be a going concern, citing measures to reduce costs and expand trading activities to ensure resources are adequate for the foreseeable future. Its FY2023 accounts were audited by Azets Audit Services.