Mid Ulster Community Services Ltd
Latest income
£498k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £271,932, which the directors consider satisfactory against a policy target of three months of annual expenditure. However, the independent auditor has reported a material uncertainty regarding the company's ability to continue as a going concern because core funding for the next financial year has not yet been secured.
What the accounts disclose
Going concern: material uncertainty disclosed
“We draw attention to Note 1.2 in the financial statements, which indicates that the company has not achieved its core funding for the next financial year. As stated in Note 1.2, these events or conditions, along with other matters as set forth in Note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern.” — page 8
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Largest income source: Income from Membership/Mini Bus Hire (29% of income)
“Income from Membership/Mini Bus Hire 81,186” — page 20
Per FY2025 accounts as filed with CCNI.
Independent examiner: David Lyttle + Co Ltd
Per FY2025 accounts as filed with CCNI.