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Photoworks North Ltd

Northern Ireland charity NIC100285 · record on the register of charities in Northern Ireland (CCNI) · accounts PDF · all Northern Ireland charities

Latest income
£160k
Latest spending
—
Accounts read
FY2025

Website: www.source.ie

Financial health, per FY2025 accounts

The charity reported a net expenditure of £477 for the year, with total funds at year-end standing at £54,212. While the directors are confident in the charity's ability to continue operations, they note that liquid reserves of £76,011 are below the stated policy target of £80,058, which represents six months of total costs. The strategy to address this shortfall involves increasing reserves through planned operating surpluses.

What the accounts disclose

Reserves position: below the charity's own stated policy
“The present level of liquid reserves available to the charity are £76,011 which is below this target level” — page 10
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Fundraising cost ratio: 76011.0% of fundraised income
“The present level of liquid reserves available to the charity are £76,011 which is below this target level” — page 10
Per FY2025 accounts as filed with CCNI.
Independent examiner: Satori Accounting
Per FY2025 accounts as filed with CCNI.
Register data and accounts from the Charity Commission for Northern Ireland, used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.