STAFFORDSHIRE COUNCIL OF VOLUNTARY YOUTH SERVICES
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £358,702, which the trustees consider sufficient to meet the charity's policy target of maintaining between three and nine months of operational costs. The charity reported a net loss of £5,320 for the year, driven largely by investment losses, but maintains a strong cash position and secured core funding through a VCSE contract extending to July 2025.
What the accounts disclose
“In line with Charity Commission guidelines, the Charity aims to maintain a free reserves balance of between 3 and 9 months of operational costs.” — page 9
Corporate structure
- Registered company of the charity Companies House 06876220
Funders the charity credits
- Staffordshire Police, Fire & Crime Commissioner’s Office (PFCC)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (01/06/2021)
Trustees
- Alana Kate Wheat
- Alexander William Wood
- JULIE KAREN TANNER
- Lisa Jayne Bone
- STEPHEN HOPKINS
- TeeJay Dowe
- Thomas James Craddock
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £526k | £531k |
| 31/03/2024 | £441k | £407k |
| 31/03/2023 | £477k | £421k |
| 31/03/2022 | £559k | £576k |
| 31/03/2021 | £579k | £545k |
Common questions
Is STAFFORDSHIRE COUNCIL OF VOLUNTARY YOUTH SERVICES financially healthy?
The accounts state that unrestricted reserves stood at £358,702, which the trustees consider sufficient to meet the charity's policy target of maintaining between three and nine months of operational costs. The charity reported a net loss of £5,320 for the year, driven largely by investment losses, but maintains a strong cash position and secured core funding through a VCSE contract extending to July 2025. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CEO SLEEPOUT | 1 | £5k |
| WOLVERHAMPTON LGBT+ | 1 | £149 |