LANCASHIRE ASSOCIATION OF COUNCILS FOR VOLUNTARY SERVICE
Financial health, per its FY2022 accounts
The accounts state that the charity reported a total surplus of £1,705 for the year ended 31 March 2022, resulting in unrestricted reserves of £36,148. This figure exceeds the charity's stated reserves policy target of approximately £15,000, which is equivalent to six months of core running costs. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Trustees
- Jeremy Garth Hodgkinsonchair
- Christine Blythe
- Elaine Barker
- Lynn Saggerson
- Tracy Hopkins
- Victor Thomas Citarella
- YAKUB PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £150k | £132k |
| 31/03/2024 | £69k | £58k |
| 31/03/2023 | £57k | £56k |
| 31/03/2022 | £224k | £195k |
| 31/03/2021 | £208k | £215k |
Common questions
Is LANCASHIRE ASSOCIATION OF COUNCILS FOR VOLUNTARY SERVICE financially healthy?
The accounts state that the charity reported a total surplus of £1,705 for the year ended 31 March 2022, resulting in unrestricted reserves of £36,148. This figure exceeds the charity's stated reserves policy target of approximately £15,000, which is equivalent to six months of core running costs. The trustees confirmed that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2022 accounts were independently examined.