LANCASTER DISTRICT COMMUNITY & VOLUNTARY SOLUTIONS
LDCVS is an infrastructure organisation providing support for the voluntary sector throughout the district of Lancaster in Lancashire
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net operating deficit of £116,163 for the year, resulting in a decrease in total funds carried forward to £462,857. Per the trustees' report, free reserves stood at £156,179, which is above the stated policy target of £118,000. The trustees note that funding streams remain under threat of reduction or withdrawal but confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“Our main source of funding for our core costs was the National Lottery (Community Fund).” — page 20
“Trustees have determined that unrestricted funds equivalent to at least three months operating expenditure plus redundancy costs should be maintained at all times, equivalent to £118,000 in 2024/25”
Structured financials (annual return, FY ending 30/06/2025)
Trustees
- Alison Nicola Richards
- Anthony Matthew Murray
- Emma Jane Seddon
- Hazel Mary Taylor
- Jess Shaw
- Paul Jebb
- Roda Ogunpehin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £766k | £882k |
| 30/06/2024 | £766k | £742k |
| 30/06/2023 | £918k | £880k |
| 30/06/2022 | £705k | £606k |
| 30/06/2021 | £336k | £403k |
Common questions
Is LANCASTER DISTRICT COMMUNITY & VOLUNTARY SOLUTIONS financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net operating deficit of £116,163 for the year, resulting in a decrease in total funds carried forward to £462,857. Per the trustees' report, free reserves stood at £156,179, which is above the stated policy target of £118,000. The trustees note that funding streams remain under threat of reduction or withdrawal but confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 15/05/2020 | £45k | Covid Response and Resilience |