VOLUNTARY ACTION LEICESTER
Financial health, per its FY2025 accounts
The accounts state that the charity recorded an in-year deficit of £41,907 for the year ended 31 March 2025, compared to a restated surplus of £311,613 in the prior year. Per the trustees' report, the charity holds free reserves of £314,353, which is below its stated policy target of £595,000. The organization remains a going concern with no material uncertainties identified regarding its ability to continue operations.
What the accounts disclose
“The charity's reserves policy sets out an aim to accumulate free reserves of £595,000.” — page 5
Leadership, per the charity’s website
- Kevin Allen-Khimani — Chief Executive
- Linda Jones — Chair
- Hardip Chohan — Director
- Trace Voss — Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Linda Mary Joneschair
- AJAY AGGARWAL
- Adam Jolley
- Duncan Cullen
- Emily Colette Weatherer - Smith
- Gemma Edwards
- Joanna Moore
- NARENDRAKUMAR LALJI BHAGWANJI WAGHELA
- Zahirul Haque
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.0m | £2.1m |
| 31/03/2024 | £1.9m | £2.2m |
| 31/03/2023 | £3.2m | £3.2m |
| 31/03/2022 | £2.8m | £2.7m |
| 31/03/2021 | £2.6m | £2.5m |
Common questions
Is VOLUNTARY ACTION LEICESTER financially healthy?
The accounts state that the charity recorded an in-year deficit of £41,907 for the year ended 31 March 2025, compared to a restated surplus of £311,613 in the prior year. Per the trustees' report, the charity holds free reserves of £314,353, which is below its stated policy target of £595,000. The organization remains a going concern with no material uncertainties identified regarding its ability to continue operations. Its FY2025 accounts were audited by TC Group.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HELEN JEAN COPE CHARITY | 2 | £6k |
| THE EARLEY CHARITY | 1 | £119k |
| Wyggestons and Trinity Almshouses | 1 | £50k |
| THE SHOE ZONE TRUST | 1 | £20k |
| THE CARLTON HAYES MENTAL HEALTH CHARITY | 1 | £9k |
| THE DIXIE ROSE FINDLAY CHARITABLE TRUST | 1 | £3k |
| YORKSHIRE BUILDING SOCIETY CHARITABLE FOUNDATION | 1 | £2k |
| R. DAPHNE PLUNKET CHARITABLE TRUST | 1 | £875 |