BOSCO SOCIETY LTD
Financial health, per its FY2025 accounts
The charity reported a surplus of £57,981 for the year ended 31 March 2025, adding to its unrestricted funds which totalled £1,701,897. The trustees confirmed that free reserves of £584,922 meet the stated policy target of retaining at least three months of running costs, ensuring adequate working capital flexibility. The independent auditors issued an unqualified opinion, confirming the financial statements give a true and fair view and noting no material uncertainties regarding going concern.
What the accounts disclose
“The reserves policy has been developed at best to retain at least 3 months running costs. Excluding functional/capital assets of £1,116,975, the charity has access to "free" reserves of £584,922,. This amount meets the requirement of the reserves policy” — page 7
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (10/01/2012)
Trustees
- Barbara Whitrow
- Jose Manuel De La Cruz Rodriguez
- Mhairi Doyle
- Neil Davies
- Sheila Howard
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.1m | £1.0m |
| 31/03/2024 | £1.0m | £943k |
| 31/03/2023 | £1.0m | £888k |
| 31/03/2022 | £910k | £862k |
| 31/03/2021 | £1.1m | £953k |
Common questions
Is BOSCO SOCIETY LTD financially healthy?
The charity reported a surplus of £57,981 for the year ended 31 March 2025, adding to its unrestricted funds which totalled £1,701,897. The trustees confirmed that free reserves of £584,922 meet the stated policy target of retaining at least three months of running costs, ensuring adequate working capital flexibility. The independent auditors issued an unqualified opinion, confirming the financial statements give a true and fair view and noting no material uncertainties regarding going concern. Its FY2025 accounts were audited by SB&P.