THE VEGAN SOCIETY
Financial health, per its FY2024 accounts
The accounts state that total income for the year ended 31 December 2024 was £4,890,545, with unrestricted undesignated reserves standing at £1,849,034. The trustees' report notes that charity income exceeded expectations, performing well in donations, memberships, and legacies, although trademark revenues fell short of forecasted targets. The organization maintains a reserves policy targeting a minimum of £950,000, and its current unrestricted reserves are above this threshold.
What the accounts disclose
“This means that we are currently trying to keep our unrestricted undesignated reserves between £950k and £1,200k.” — page 21
“The investigation uncovered several critical issues, including instances of unethical behaviour in certain departments, such as favouritism and inappropriate use of organisational resources. Additionally, multiple cases of workplace harassment and discrimination were identified.” — page 30
“The Vegan Society owns 100 per cent of the share capital of its subsidiary The Vegan Society Trading International Ltd which is used for non-primary purpose trading activities.” — page 24
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ben Day
- Darren Kenny
- David Hedley Gore
- Dr Stephen Patrick Kieran Walsh
- Georgina Wendy Rigden
- Jacob Samuel Warn
- Michelle Masterton-Smith
- Mx Deborah Christina Harman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £4.9m | £4.7m |
| 31/12/2023 | £4.7m | £4.1m |
| 31/12/2022 | £4.3m | £4.4m |
| 31/12/2021 | £4.0m | £4.2m |
| 31/12/2020 | £3.5m | £3.2m |
Common questions
Is THE VEGAN SOCIETY financially healthy?
The accounts state that total income for the year ended 31 December 2024 was £4,890,545, with unrestricted undesignated reserves standing at £1,849,034. The trustees' report notes that charity income exceeded expectations, performing well in donations, memberships, and legacies, although trademark revenues fell short of forecasted targets. The organization maintains a reserves policy targeting a minimum of £950,000, and its current unrestricted reserves are above this threshold. Its FY2024 accounts were audited by Locke Williams Associates LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE ROSE ANIMAL WELFARE TRUST CIO | 3 | £35k |
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £25k |
| MARJORIE COOTE ANIMAL CHARITY TRUST | 2 | £12k |
| PROJECT GIVING BACK | 1 | £324k |
| The Brindle Foundation | 1 | £131k |
| THE CONSTANCE TRAVIS CHARITABLE TRUST | 1 | £110k |
| THE TRESANTON TRUST | 1 | £82k |
| WORLD ANIMAL PROTECTION | 1 | £36k |