SUNDERLAND VOLUNTARY SECTOR ALLIANCE
Latest income
£372k
Latest spending
£448k
Registered
2023
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £75,895 for the year, reducing total funds to £332,248. While unrestricted reserves of £313,280 are held, the trustees note a material uncertainty regarding funding for core costs beyond May 2026, as confirmed funding has not yet been secured.
What the accounts disclose
Reserves policy: approximately six months of expenditure (held: £313k)
“It is the policy of the Charity to hold free reserves (unrestricted funds not invested in tangible fixed assets) to a level that equates to approximately six months of expenditure.” — page 8
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 30/04/2024)
Total income
£618k
Total spending
£280k
Reserves (reported)
£168k
Employees
10
Trustees
- Sarah Jane Reidchair
- Joanne Cooper
- Lesley Spuhler OBE
- Lyndsey Everett
- Patricia Cornish
- Richard Duggan
- Sylvia Ann Copley
- Wendy Cook
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/04/2025 | £372k | £448k |
| 30/04/2024 | £618k | £280k |
Common questions
Is SUNDERLAND VOLUNTARY SECTOR ALLIANCE financially healthy?
The accounts state that the charity reported a net expenditure of £75,895 for the year, reducing total funds to £332,248. While unrestricted reserves of £313,280 are held, the trustees note a material uncertainty regarding funding for core costs beyond May 2026, as confirmed funding has not yet been secured. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Neath Port Talbot Community Voluntary Service Limited | 1 | £208k |
| FUSION21 FOUNDATION | 1 | £81k |
| TWO RIDINGS COMMUNITY FOUNDATION | 1 | £64k |
| ESSEX COMMUNITY FOUNDATION | 1 | £44k |
| EAST RIDING VOLUNTARY ACTION SERVICES (ERVAS) LIMITED | 1 | £5k |
| VOLUNTARY ACTION NORTH LINCOLNSHIRE LIMITED | 1 | £380 |