Wolverhampton Voluntary and Community Action
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves decreased to £450,520, which is below the trustees' policy target of £504,260 (representing six months of running costs). The charity reported a net deficit of £125,165 for the year, primarily due to reduced income from the withdrawal of the Talent Match project and tapered lottery funds.
What the accounts disclose
“Current unrestricted reserves therefore cover closure costs and approximately 3 months continuation costs, compared to the 6 months target set out by the reserves policy.”
“WVCA receives funding for services provided to NHS Black Country ICB, an organisation of which Paul Tulley, a trustee of WVCA, is a director. All transactions with this organisation are at an arms length basis.” — page 36
Corporate structure
- Registered company of the charity Companies House 02288239
Leadership, per the charity’s website
- Sharon Nanan-Sen — Chief Executive Officer
- Anne-Marie Harrison — Vice-Chair
Funders the charity credits
- UK Government
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (25/07/2018)
- Received assets from another charity (02/02/2016)
Trustees
- Anne-Marie Harrison
- Daryl Chambers
- Dominique Williams
- Gurbax Kaur
- James Alexander Fox
- Patricia Mary Kemp
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.5m | £1.5m |
| 31/03/2024 | £1.6m | £1.7m |
| 31/03/2023 | £2.6m | £3.0m |
| 31/03/2022 | £3.0m | £3.0m |
| 31/03/2021 | £3.6m | £3.3m |
Common questions
Is Wolverhampton Voluntary and Community Action financially healthy?
The accounts state that unrestricted reserves decreased to £450,520, which is below the trustees' policy target of £504,260 (representing six months of running costs). The charity reported a net deficit of £125,165 for the year, primarily due to reduced income from the withdrawal of the Talent Match project and tapered lottery funds. Its FY2024 accounts were audited by Muras Baker Jones Limited.
Who funds Wolverhampton Voluntary and Community Action?
Funders whose own accounts filings name Wolverhampton Voluntary and Community Action as a grant recipient include WOLVERHAMPTON LGBT+.
Known funders
| Funder | Year | Amount |
|---|---|---|
| WOLVERHAMPTON LGBT+ | FY2024 | £149 |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HARGREAVES FOUNDATION | 1 | £348k |
| WALES COUNCIL FOR VOLUNTARY ACTION | 1 | £233k |
| MARJORIE COOTE OLD PEOPLES CHARITY FUND | 1 | £11k |
| CHURCH BURGESSES TRUST | 1 | £6k |
| SHEFFIELD TOWN TRUST | 1 | £4k |
| THE PENNIES FOUNDATION | 1 | £233 |