Charities: Finance

(asked on 16th June 2021) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, how much of the £750 million allocated to charities on 8 April 2020 has been returned to HM Treasury by way of underspend on the fund.


Answered by
Matt Warman Portrait
Matt Warman
This question was answered on 23rd June 2021

The £750 million sector funding package offered unprecedented support to allow charities and social enterprises to continue their vital work and adapt their service delivery to support our national response to the pandemic.

The financial reconciliation for the financial year ending 31 March 2021 is currently being completed. This process will determine any underspends on the VCSE Covid-19 Support Package which may need to be returned to the Exchequer.

Over the past year, DCMS has been as flexible as possible under the terms of the grant agreements to allow charities to repurpose or reprofile funding in order to meet the needs of their communities arising from the pandemic, and minimise potential underspends.

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