VISION (ROSSENDALE)
VISION is a Christian charity working with young people in Rossendale. We run free activities for children and teenagers at our own venue, partner with local schools to deliver classes and assemblies, equip young volunteers with practical skills and opportunities to lead, and provide a professional youth counselling service.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing of resources of £1,245 for the year, resulting in a decrease in total funds from £256,311 to £255,066. The trustees' report indicates that the charity is actively working to strengthen its financial model and reduce reliance on grants to ensure sustainability. There are no stated material uncertainties regarding the charity's ability to continue its operations.
What the accounts disclose
“The policy on reserves is to hold sufficient resources to continue our charitable activities should income and fundraising fall short of the amounts needed to meet the costs of those activities in the short term (up to 3 months).” — page 13
Property (HM Land Registry)
Trustees
- Jane Shadlockchair
- Ian Bury
- Nathan John Shepherd
- Rachel Topham
- Stephen Shepherd
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £71k | £77k |
| 31/12/2023 | £67k | £72k |
| 31/12/2022 | £83k | £100k |
| 31/12/2021 | £52k | £74k |
| 31/12/2020 | £72k | £51k |
Common questions
Is VISION (ROSSENDALE) financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing of resources of £1,245 for the year, resulting in a decrease in total funds from £256,311 to £255,066. The trustees' report indicates that the charity is actively working to strengthen its financial model and reduce reliance on grants to ensure sustainability. There are no stated material uncertainties regarding the charity's ability to continue its operations. Its FY2024 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 01/06/2020 | £1k | COVID-19 CEF |