Relate Northern Ireland
Latest income
£948k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure deficit of £224,194 for the year ended 31 March 2025, resulting in a decrease in net assets to £622,084. Per the trustees' report, the charity holds unrestricted reserves of £622,084, which are below the stated policy target of three to six months of running costs, prompting consideration of asset sales to restore reserves.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The board will be considering appropriate actions over the year ahead to ensure the charity's policy of 3 months general unrestricted funds is achieved.” — page 17
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: HM Chartered Accountants
Per FY2025 accounts as filed with CCNI.