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

BURY VOLUNTARY COMMUNITY & FAITH ALLIANCE

Registered charity 1182039 · accounts filings on the Charity Commission register · also known as BURY VCFA, VCFA

Get email alerts for this charity

Latest income
£972k
Latest spending
£855k
Registered
2019
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that unrestricted free reserves were £46,782, which is below the trustees' stated policy target of approximately six months of unrestricted charitable expenditure. The charity reported a net expenditure of £9,672 for the year, with total funds carried forward at £766,622, of which £350,822 was available for core business after accounting for ring-fenced grant funds.

What the accounts disclose

Reserves policy: approximately six months of unrestricted charitable expenditure (held: £47k)
“The Trustees aim to establish and maintain free reserves in unrestricted funds at a level, which equates to approximately six months of unrestricted charitable expenditure.” — page 10
Per its FY2022 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

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

Total income
£972k
Total spending
£855k
Cost of raising funds
£8k
Reserves (reported)
£151k
Employees
15

Reported reserves equal ~2.1 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Bury

Income and spending

Financial year endIncomeSpending
31/03/2025£972k£855k
31/03/2024£919k£965k
31/03/2023£757k£794k
31/03/2022£696k£714k
31/03/2021£596k£522k

Common questions

Is BURY VOLUNTARY COMMUNITY & FAITH ALLIANCE financially healthy?

The accounts state that unrestricted free reserves were £46,782, which is below the trustees' stated policy target of approximately six months of unrestricted charitable expenditure. The charity reported a net expenditure of £9,672 for the year, with total funds carried forward at £766,622, of which £350,822 was available for core business after accounting for ring-fenced grant funds. Its FY2022 accounts were independently examined.