Divis Joint Development Committee
Latest income
£490k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that free reserves of £56,691 are well below the desired level, with the charity acknowledging ongoing financial challenges and a cost-of-living crisis. Staff costs and pension contributions total £325,080, while total incoming resources were £489,598, resulting in a net movement in funds of £13,560. The charity continues to seek additional funding sources to address the gap between unrestricted reserves and its desired level.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The Management Committee acknowledge the current level of free reserves is well below the desired level.”
Per FY2025 accounts as filed with CCNI.
Going concern: doubt noted
“The Management Committee acknowledge the current level of free reserves is well below the desired level. The charity continues to seek additional sources of funding and applications for future funding in relation to forthcoming years.”
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: DMW Accountants (2011) Limited
Per FY2025 accounts as filed with CCNI.