Charity Accounts Intelreading the accounts so you don’t have to

SOCIETY FOR CO-OPERATION IN RUSSIAN AND SOVIET STUDIES

Registered charity 1104012 · accounts filings on the Charity Commission register · also known as SCRSS

Reference library, photographic archive and SCRSS archive from 1924, when the society was founded, to present day. Loan library of classic and contemporary Russian fiction and a range of other subjects. Russian language seminars, regular lectures, films and other events. Members' information digest three times a year and events email mailing list of Russian related events.

Causes: Education/training · Arts/culture/heritage/science · website · Get email alerts

Latest income
£35k
Latest spending
£29k
Registered
2004
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a surplus of £6,159 and unrestricted reserves of £17,869. However, the trustees highlight an urgent challenge to achieve long-term financial stability, noting that the building requires extensive renovation that neither the Society nor its landlord can currently fund. The charity remains dependent on volunteers and has no paid staff.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: building a reserve fund (held: £18k)
“The strategy aims to: Stabilise finances, including building a reserve fund;”
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“Despite the significant year-end balances of £17869 the Society faces the urgent challenge of moving to a long-term, financially stable future. The financial challenge also applies to the building which the Society occupies. As indicated in the 2023 annual report, the building is in need of extensive renovation. Neither the Society, nor its landlord (SCR House Ltd), have the funds to undertake such work, and in the current circumstances neither is likely to secure sufficient outside funding to do so.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Northern Ireland · Scotland · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£35k£29k
31/12/2023£24k£30k
31/12/2022£25k£19k
31/12/2021£23k£21k
31/12/2020£22k£21k

Common questions

Is SOCIETY FOR CO-OPERATION IN RUSSIAN AND SOVIET STUDIES financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a surplus of £6,159 and unrestricted reserves of £17,869. However, the trustees highlight an urgent challenge to achieve long-term financial stability, noting that the building requires extensive renovation that neither the Society nor its landlord can currently fund. The charity remains dependent on volunteers and has no paid staff. Its FY2024 accounts were independently examined.