VOLUNTEER CENTRE TOWER HAMLETS
Volunteer Centre Tower Hamlets (VCTH) is the Volunteer Infrastructure Organisation for the London Borough of Tower Hamlets. Our mission is to provide a comprehensive volunteering infrastructure service to non-profit groups and communities in Tower Hamlets, so that we increase the quality, quantity and impact of volunteering in the borough.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus, increasing its total reserves to £87,384, with unrestricted free reserves at £77,310. The trustees report that income stabilized at £213,392 and net current assets (working capital) amounted to £87,384. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.
What the accounts disclose
“It states that trustees will aim to maintain free reserves at a level which covers at least three months’ running costs, but does not exceed that level, plus the redundancy obligations the charity would have in the event of a wind up.” — page 17
Trustees
- Megan Elizabeth Cowleychair
- Ivan Tiutiunnikov
- Lauren Anushia Kandasamy
- Leo David Zawadzki
- Louise Theophile
- Ricardo Miguel Lobo
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/09/2025 | £213k | £191k |
| 30/09/2024 | £214k | £187k |
| 30/09/2023 | £157k | £169k |
| 30/09/2022 | £187k | £182k |
| 30/09/2021 | £193k | £210k |
Common questions
Is VOLUNTEER CENTRE TOWER HAMLETS financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with a surplus, increasing its total reserves to £87,384, with unrestricted free reserves at £77,310. The trustees report that income stabilized at £213,392 and net current assets (working capital) amounted to £87,384. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Kingston Burrowes Audit Ltd.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| City Bridge Foundation | 02/08/2023 | £228k | Grant to Volunteer Centre Tower Hamlets |
| The National Lottery Community Fund | 19/09/2019 | £10k | Volunteering in Tower Hamlets |
| City Bridge Foundation | 17/02/2011 | £132k | Grant to Volunteer Centre Tower Hamlets |
| City Bridge Foundation | 05/11/2008 | £66k | Grant to Volunteer Centre Tower Hamlets |