TEESDALE VILLAGE HALLS CONSORTIUM
Financial health, per its FY2024 accounts
The accounts state that the charity's investment portfolio grew from £157,259.74 to £164,885 during the year, with £8,000 withdrawn to cover running costs. The trustees report that the charity has sufficient reserves to cover financial liabilities and maintains a low-risk investment approach. No specific reserves policy target is stated in the document.
What the accounts disclose
Trustees
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £171k | £172k |
| 31/12/2024 | £10k | £9k |
| 31/12/2023 | £9k | £9k |
| 31/12/2022 | £7k | £7k |
| 31/12/2021 | £5k | £8k |
Common questions
Is TEESDALE VILLAGE HALLS CONSORTIUM financially healthy?
The accounts state that the charity's investment portfolio grew from £157,259.74 to £164,885 during the year, with £8,000 withdrawn to cover running costs. The trustees report that the charity has sufficient reserves to cover financial liabilities and maintains a low-risk investment approach. No specific reserves policy target is stated in the document. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Point North Community Foundation | 1 | £882k |