VICTORIA INSTITUTE ARUNDEL
For the public benefit to advance the education of the public by such charitable means as the Trustees think fit and to save the building for the general benefit of current and future inhabitants of Arundel
Objects
1. FOR THE PUBLIC BENEFIT, TO ADVANCE THE EDUCATION OF THE PUBLIC FOR THE RESIDENTS OF ARUNDEL AND THOSE VISITING THE TOWN BY SUCH CHARITABLE MEANS AS THE DIRECTORS THINK FIT.2. THE ADVANCEMENT OF SUCH OTHER CHARITABLE PURPOSES AS THE DIRECTORS SHALL FROM TIME TO TIME DETERMINE.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net income of £1,934 for the year ended 31 March 2025, with total funds increasing to £711,152, largely due to a revaluation reserve of £700,000 for its freehold property. The charity holds unrestricted reserves of £7,449 and restricted reserves of £3,703, with no stated reserves policy target provided in the document. The independent examiner reported no matters requiring attention, and the accounts were prepared on a going concern basis without noted uncertainties.
What the accounts disclose
“The studio on the top floor of the Vic building is rented out to F Knight, a local artist. F Knight is the sister-in-law of M Ward, a Trustee. A rent of £3240 was paid for the studio during 2024-5.” — page 10
“T Dove carries out cleaning and maintenance work at the Vic. In 2024-5 he was paid at the rate of £200.00 per month. Payments in 2024-5 amounted to £2400.00. T Dove is the partner of V Whitehorn, a Trustee.” — page 10
“The studio on the top floor of the Vic building is rented out to F Knight, a local artist. F Knight is the sister-in-law of M Ward, a Trustee. A rent of £3240 was paid for the studio during 2024-5.” — page 10
“T Dove carries out cleaning and maintenance work at the Vic. In 2024-5 he was paid at the rate of £200.00 per month. Payments in 2024-5 amounted to £2400.00. T Dove is the partner of V Whitehorn, a Trustee.” — page 10
Policies the charity declares
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Risk management
- Serious incident reporting policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Corporate structure
- Registered company of the charity Companies House 08865107
Company officers (Companies House)
- THOMAS, David Llewelyn on trustee list
- THOMAS, Georgina Sarah Marie on trustee list
- WARD, Michael on trustee list
- KENNEY, Carolyn Natalie on trustee list
- CAREY, Michael John on trustee list
- WHITEHORN, Veronica Ann on trustee list
- HALL, William Otterburn on trustee list
- EVE, Wendy Margaret Burton on trustee list
Trustees
- MICHAEL WARDchair
- Carolyn Natalie Kenney
- David Thomas
- Georgina Thomas
- Michael Carey
- Veronica Whitehorn
- WILLIAM OTTERBURN HALL
- Wendy Margaret Burton Eve
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £42k | £39k |
| 31/03/2024 | £35k | £33k |
| 31/03/2023 | £29k | £30k |
| 31/03/2022 | £44k | £38k |
| 31/03/2021 | £60k | £49k |
Common questions
Is VICTORIA INSTITUTE ARUNDEL financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net income of £1,934 for the year ended 31 March 2025, with total funds increasing to £711,152, largely due to a revaluation reserve of £700,000 for its freehold property. The charity holds unrestricted reserves of £7,449 and restricted reserves of £3,703, with no stated reserves policy target provided in the document. The independent examiner reported no matters requiring attention, and the accounts were prepared on a going concern basis without noted uncertainties. Its FY2025 accounts were independently examined.