Charity Accounts Intelreading the accounts so you don’t have to

PLYMOUTH VCSE

Registered charity 1167515 · accounts filings on the Charity Commission register · also known as Plymouth Octopus · listed website unreachable when last crawled

Latest income
£581k
Latest spending
£631k
Registered
2016
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity reported a net incoming resource of £134,598 for the year, resulting in total net assets of £391,902. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified. The charity holds unrestricted free reserves of £75,690 alongside designated reserves for redundancy and working capital.

What the accounts disclose

Reserves policy: two to three months of charitable operation (held: £76k)
“The reserves policy specifies that in the event of POP having to cease its activities, sufficient funds should be available to pay for the cost of two to three months of charitable operation to cover the wind-down period and the redundancy costs of any remaining staff.” — page 40
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

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

Total income
£581k
Total spending
£631k
Reserves (reported)
£142k
Employees
8

Reported reserves equal ~2.7 months of spending — below the median for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Cornwall · Devon · Plymouth City · Torbay

Income and spending

Financial year endIncomeSpending
31/03/2025£581k£631k
31/03/2024£834k£700k
31/03/2023£655k£777k
31/03/2022£719k£532k
31/03/2021£438k£349k

Common questions

Is PLYMOUTH VCSE financially healthy?

The accounts state that the charity reported a net incoming resource of £134,598 for the year, resulting in total net assets of £391,902. The trustees confirm that resources are adequate to continue as a going concern with no material uncertainties identified. The charity holds unrestricted free reserves of £75,690 alongside designated reserves for redundancy and working capital. Its FY2024 accounts were independently examined.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
FUSION21 FOUNDATION1£81k
TWO RIDINGS COMMUNITY FOUNDATION1£64k
LITERATURE WORKS1£1k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with PLYMOUTH CULTURE CIO.