Taughmonagh Community Forum Ltd
Latest income
£470k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net surplus of £24,731 for the year ended 31 March 2025, reversing a deficit from the previous year. However, the charity's unrestricted funds remain in deficit at £9,565, and the trustees have disclosed a material uncertainty regarding the charity's ability to continue as a going concern due to depleted reserves and reliance on funder support.
What the accounts disclose
Reserves position: below the charity's own stated policy
“This level of reserves has not been maintained throughout the year.”
Per FY2025 accounts as filed with CCNI.
Going concern: material uncertainty disclosed
“There is a material uncertainty related to these events that may cast significant doubt on the charity's ability to continue as a going concern and, therefore, may be unable to realise its assets and discharge its liabilities in the normal course of business.” — page 16
Per FY2025 accounts as filed with CCNI.
Related-party transaction: Trustee Mr N Earle received reimbursement of expenses.
“Mr N Earle £176 (2024: £719) of expenses were reimbursed to Mr N Earle during the year. No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.”
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: George T Roberts FCA, Chartered Accountants Ireland
Per FY2025 accounts as filed with CCNI.