SOAR VALLEY OUTREACH
For the public benefit, the prevention or relief of poverty in Leicestershire through the provision of a food bank, a money management/debt advice service, grants of financial assistance, signposting and to support individuals in financial need
Objects
FOR THE PUBLIC BENEFIT, THE PREVENTION OR RELIEF OF POVERTY IN LEICESTERSHIRE THROUGH THE PROVISION OF A FOODBANK, A MONEY MANAGEMENT/DEBT ADVICE SERVICE, GRANTS OF FINANCIAL ASSISTANCE, SIGNPOSTING AND SUPPORT TO INDIVIDUALS IN FINANCIAL NEED.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net deficit of £6,694 for the year ended 31 December 2024, resulting in total unrestricted reserves of £26,568. The trustees confirm that the charity has sufficient unrestricted funds to cover at least three months of operations and that systems are in place to mitigate major risks.
What the accounts disclose
“The reserves policy states that the charity aims to have sufficient unrestricted funds available to cover at least 3 months of operations.” — page 6
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal risk management policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Timothy David Jacksonchair
- GRAHAM DUNN MBA
- Janet Patricia Jackson
- Kenneth Arkley
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £58k | £49k |
| 31/12/2024 | £52k | £59k |
| 31/12/2023 | £63k | £62k |
| 31/12/2022 | £58k | £48k |
| 31/12/2021 | £47k | £17k |
Common questions
Is SOAR VALLEY OUTREACH financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net deficit of £6,694 for the year ended 31 December 2024, resulting in total unrestricted reserves of £26,568. The trustees confirm that the charity has sufficient unrestricted funds to cover at least three months of operations and that systems are in place to mitigate major risks. Its FY2024 accounts were independently examined.