TOWER HAMLETS COUNCIL FOR VOLUNTARY SERVICE

Registered charity 1137143 · accounts filings on the Charity Commission register · also known as THCVS

The activities of Tower Hamlets Council forVoluntary Service include:One to one development work; training; information sharing; dissemination of best practice; policy briefings and responses to consultation; developing strategic partnerships; supporting partnerships and consortia; events and seminars; supporting forums and networks;advocacy, voice and representation.

Causes: General Charitable Purposes · Education/training · Economic/community Development/employment · website · Get email alerts

Latest income

£992k

Latest spending

£848k

Registered

2010

Accounts read

FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a surplus of £143,805 for the year ended 31 March 2025, with total unrestricted reserves standing at £175,557. This level of reserves is above the trustees' stated policy target of maintaining a minimum of £70,000. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Highest-paid employee band: more than £60,000 — below the median for charities its size (£60k)

“1 member of staff received emoluments of more than £60,000 in this year” — page 24

Per its FY2025 accounts as filed with the Charity Commission.

Employees paid over £60,000: 1

“1 member of staff received emoluments of more than £60,000 in this year” — page 24

Per its FY2025 accounts as filed with the Charity Commission.

Reserves policy: £70,000 (held: £176k)

“Trustees have therefore agreed a policy of maintaining a minimum of unrestricted reserves of £70,000 to cover the risks outlined above.” — page 14

Per its FY2025 accounts as filed with the Charity Commission.

Trading subsidiary: THCVS Trading Ltd

“THCVS has one subsidiary company, THCVS Trading Ltd. There was no financial activity within the subsidiary in 2023/24, which also has a nil balance sheet.” — page 14

Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 6 of 6 completeness components.

Public profiles (found on the charity’s own website): facebook

Structured financials (annual return, FY ending 31/03/2025)

Total income

£992k

Total spending

£848k

Reserves (reported)

£173k

Employees

Reported reserves equal ~2.5 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Chris Ley
Dayna Victoria Ambris
Haydor Ali
Iryna Lavrenyuk
Jama Omar
Michael Olutayo Omolola
Mohammed Saber Ahmed Chowdhury Nahid
Olufemi Akinwale Akindeji
Selina Nizam Uddin
Thahrima Thinny Ali

Trustee list from the Charity Commission register (current, not historical).

Operates in: Tower Hamlets

Income and spending

Financial year end	Income	Spending
31/03/2025	£992k	£848k
31/03/2024	£972k	£888k
31/03/2023	£681k	£617k
31/03/2022	£513k	£455k
31/03/2021	£460k	£441k

Common questions

Is TOWER HAMLETS COUNCIL FOR VOLUNTARY SERVICE financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a surplus of £143,805 for the year ended 31 March 2025, with total unrestricted reserves standing at £175,557. This level of reserves is above the trustees' stated policy target of maintaining a minimum of £70,000. The trustees confirmed that the charity has sufficient resources to meet its liabilities as they fall due. Its FY2025 accounts were independently examined.

What does the highest-paid employee of TOWER HAMLETS COUNCIL FOR VOLUNTARY SERVICE earn?

Per its FY2025 accounts, the highest-paid employee was in the more than £60,000 band, and 1 employees earned over £60,000.

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

Funder	Date	Amount	Purpose
City Bridge Foundation	17/01/2025	£267k	Grant to Tower Hamlets Council for Voluntary Service
The Mercers' Company	02/10/2024	£106k	Grant to Tower Hamlets Council for Voluntary Services
City Bridge Foundation	08/06/2021	£25k	Grant to Tower Hamlets Council for Voluntary Service
City Bridge Foundation	27/11/2014	£180k	Grant to Tower Hamlets Council for Voluntary Service
City Bridge Foundation	02/10/2014	£2k	Eco audit to Tower Hamlets Council for Voluntary Service