Skainos Limited
Latest income
£628k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £256,904 for the year ended 31 December 2025, resulting in unrestricted net reserves of £53,300. The trustees note that this level of reserves is below their stated policy target of three months of average expenditure, which is approximately £80,000. Despite the deficit, the charity generated a cash surplus before depreciation and maintains adequate resources to continue as a going concern.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The directors have established a policy which is reviewed annually, whereby the unrestricted funds held by the charity should be a target of at least three months of average expenditure which currently is around £80k v current net reserves of £54k.”
Per FY2025 accounts as filed with CCNI.
Related-party transaction: East Belfast Mission is a related party due to common directors. Skainos contracted EBM for facilities management and catering, and leased units to EBM. £23,783 was owed to EBM at year-end.
“East Belfast Mission ("EBM") is regarded as a related party by vitue of common directors on both boards. During the year the company contracted East Belfast Mission for the provision of facilities management and also to proivde catering services for room hire and conferences. Skainos has leased the units to East Belfast Mission under leases in return for rental income and a contribution towards service charges. At 31 December 2025, £23,783 (2024: £23,783) was owed to East Belfast Mission.” — page 23
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Choice Housing Association and Maple and May are related parties due to common directors. Choice Housing owed £610 and Maple and May owed £5,708 at year-end.
“East Belfast Mission ("EBM") is regarded as a related party by vitue of common directors on both boards. During the year the company contracted East Belfast Mission for the provision of facilities management and also to proivde catering services for room hire and conferences. Skainos has leased the units to East Belfast Mission under leases in return for rental income and a contribution towards service charges. At 31 December 2025, £23,783 (2024: £23,783) was owed to East Belfast Mission.” — page 23
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: Miscampbell & Co
Per FY2025 accounts as filed with CCNI.