VOLA CONSORTIUM
Advancement of education & lifelong learningProvision of crime prevention & offender rehabilitation services;Promotion of the vol sector in Lpool City Region & surrounding areas, by:- Building capacity of charitable & voluntary orgs operating in area- Promoting, organising & facilitating co-operation & partnership working between charitable & voluntary orgs, statutory & other bodies
Financial health, per its FY2023 accounts
The accounts state that the charity reported an operating surplus of £143,723 for the year ended 31 March 2023, driven primarily by unspent UKSPF grant funding. Per the trustees' report, unrestricted reserves increased to £35,858, and the charity maintains sufficient liquid assets and forecast income to cover planned activities and financial liabilities for the coming financial year.
What the accounts disclose
“Currently, the charity has a reserves policy of £5,000 to cover the costs anticipated (e.g. financial and legal costs) in the event of the charitable company being wound up.” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Damian Francechair
- ANGELA WHITE
- Andrew Coulson
- Claire Cook
- Debbie Gayle
- JAMES BRETT
- Mark William Ord
- Nicola Jane Crosby
- Raymond Moore
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.4m | £1.4m |
| 31/03/2024 | £454k | £591k |
| 31/03/2023 | £523k | £379k |
| 31/03/2022 | £150k | £141k |
| 31/03/2021 | £75k | £66k |
Common questions
Is VOLA CONSORTIUM financially healthy?
Per its FY2023 accounts: The accounts state that the charity reported an operating surplus of £143,723 for the year ended 31 March 2023, driven primarily by unspent UKSPF grant funding. Per the trustees' report, unrestricted reserves increased to £35,858, and the charity maintains sufficient liquid assets and forecast income to cover planned activities and financial liabilities for the coming financial year. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £483k |
| THE DISTILLERS' CHARITY | 1 | £429k |
| Community Foundation for Staffordshire and Shropshire | 1 | £120k |
| THE FUNDING NETWORK | 1 | £73k |
| BATTERSEA CRIME PREVENTION PANEL | 1 | £19k |
| MOTABILITY | 1 | £16k |
| LSEG Foundation | 1 | £8k |
| WOLVERHAMPTON LGBT+ | 1 | £3k |
Charities like this
- ASSOCIATION OF VOLUNTARY ORGANISATIONS IN WREXHAM
- LANCASHIRE ASSOCIATION OF COUNCILS FOR VOLUNTARY SERVICE
- LIVERPOOL CHARITY AND VOLUNTARY SERVICES
- THE VOLUNTARY AND COMMUNITY SECTOR LEARNING AND SKILLS CONSORTIUM
- CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY AND COMMUNITY ORGANISATIONS
- Wolverhampton Voluntary and Community Action
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| VOLA CONSORTIUM | £1.4m | — | 0 | unclear | — | no doubt |
| ASSOCIATION OF VOLUNTARY ORGANISATIONS IN WREXHAM | £1.1m | — | 0 | unclear | — | no doubt |
| LANCASHIRE ASSOCIATION OF COUNCILS FOR VOLUNTARY SERVICE | £150k | — | 0 | above | — | no doubt |
| LIVERPOOL CHARITY AND VOLUNTARY SERVICES | £2.6m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE VOLUNTARY AND COMMUNITY SECTOR LEARNING AND SKILLS CONSORTIUM | £1.5m | — | 0 | unclear | — | material uncertainty |
| CONSORTIUM OF LESBIAN, GAY, BISEXUAL AND TRANSGENDER VOLUNTARY AND COMMUNITY ORGANISATIONS | £1.2m | — | — | unclear | — | no doubt |