DACORUM COUNCIL FOR VOLUNTARY SERVICE
Financial health, per its FY2024 accounts
The accounts state that the charity reported a surplus of £294,361 for the year ended March 2024, driven by strong performance from its trading subsidiary. The trustees confirm that free reserves of £1,164,543 are sufficient to cover nine months of net operating expenditure, providing confidence in the charity's ability to adjust to future risks.
What the accounts disclose
“Community Action Dacorum will seek to maintain free reserves within a target range of 9 to 12 months of net operating expenditure.”
“The company has a trading subsidiary, DCVS Trading Limited, of which it is the sole shareholder.” — page 39
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/09/2020)
- Received assets from another charity (05/07/2019)
Trustees
- Peter Jonathan Ashmanchair
- Audrey Weightman
- CLLR RICHARD ROBERTS
- COLIN GAGE
- Graeme Ramsey Elliot
- Helen Clare Young
- James Lowe
- John William Allen
- Louise Jane Towler
- Margaret Elizabeth Green
- Margaret Griffiths
- Sally Elizabeth Symington
- Terence Liam Francis Douris
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.1m | £3.0m |
| 31/03/2024 | £3.1m | £2.8m |
| 31/03/2023 | £3.1m | £2.8m |
| 31/03/2022 | £3.0m | £2.5m |
| 31/03/2021 | £2.0m | £1.9m |
Common questions
Is DACORUM COUNCIL FOR VOLUNTARY SERVICE financially healthy?
The accounts state that the charity reported a surplus of £294,361 for the year ended March 2024, driven by strong performance from its trading subsidiary. The trustees confirm that free reserves of £1,164,543 are sufficient to cover nine months of net operating expenditure, providing confidence in the charity's ability to adjust to future risks. Its FY2024 accounts were audited by Moore Kingston Smith LLP.