ST. VINCENT'S FAMILY PROJECT

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Buzzacott Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Reflecting the going concern assessment (Page 13) the trustees have seen the charity meet it's income plan over the year following the summer, with no recourse to requiring additional loans or emergency grants. They have noted the stabilization of income and some additions to the targeted fundraising organisations supporting the charity. Trustees expect this to continue and are aware of good future opportunities for fundraising. The charity expects to pay off it's one loan and over the next few years build up a working reserve. And, because there is very strong support for the charity from Westminster the trustees believe the charity is a going concern.”

Significant events

• “Following the temporary closure of St. Vincent's Family Project in July 2024 because of cash flow problems, the charity reopened and recovered financially during the second part of the year. This largely came about through the arrival of already predicted funds, as well as an emergency grant from Westminster Council.”
• “The period from April to September 2024 was marked by a difficult cash flow problem, noted elsewhere. Some grounds were made with new corporate funds, but the summer was made difficult with two previous funders no longer able to support us financially.”
• “At the beginning of the year (April 2024) St. Vincent's Family Project provided therapy across 10 Primary schools in Westminster. However, some schools were struggling financially and by the start of the new school year (from September) this had reduced to 5 schools.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.