THE VINCENT SOCIETY
Financial health, per its FY2023 accounts
The accounts state that free reserves were £801,516, which is more than the budgeted unrestricted expenditure for 2023 and above the minimum reserves limit of £300,000. The charity reported a net decrease in funds of £74,331 for the year, driven by charitable activities and investment losses, but maintains sufficient liquidity to meet operating needs.
What the accounts disclose
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.12.23 1 £60,001 - £70,000” — page 24
“The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: 31.12.23 1” — page 24
“The minimum reserves limit has been set at £300,000.” — page 10
Structured financials (annual return, FY ending 31/12/2024)
Register events
- Received assets from another charity (01/12/2016)
Trustees
- Adam Raffellchair
- Dr Alison Davies
- Dr Sharon Arthurson
- Elizabeth Woods
- JOANNA McDOWELL
- John Rufus Barnes
- Rev MARK MADELEY
- Rev Rodney Ian Mechanic
- Samuel Salter
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £837k | £1.0m |
| 31/12/2023 | £728k | £840k |
| 31/12/2022 | £604k | £775k |
| 31/12/2021 | £658k | £686k |
| 31/12/2020 | £657k | £619k |
Common questions
Is THE VINCENT SOCIETY financially healthy?
The accounts state that free reserves were £801,516, which is more than the budgeted unrestricted expenditure for 2023 and above the minimum reserves limit of £300,000. The charity reported a net decrease in funds of £74,331 for the year, driven by charitable activities and investment losses, but maintains sufficient liquidity to meet operating needs. Its FY2023 accounts were independently examined.
What does the highest-paid employee of THE VINCENT SOCIETY earn?
Per its FY2023 accounts, the highest-paid employee was in the £60,001 - £70,000 band, and 1 employees earned over £60,000.
Who funds THE VINCENT SOCIETY?
Funders whose own accounts filings name THE VINCENT SOCIETY as a grant recipient include THE LONGFORD CHARITABLE TRUST.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE LONGFORD CHARITABLE TRUST | FY2023 | £1k |
| THE LONGFORD CHARITABLE TRUST | FY2023 | £600 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| CORAM LIFE EDUCATION | 1 | £2k |