The Royal Ulster Constabulary Athletic Association Limited
Latest income
£1.4m
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the group reported a deficit of £104,445 for the year and holds net current liabilities of £679,628. The trustees report a material uncertainty regarding the group's ability to continue as a going concern, noting dependency on member funding and banking facilities, although they believe the group can meet liabilities for at least 12 months. Total unrestricted reserves stood at £1,098,599, which is below the stated policy target of three months' expenditure.
What the accounts disclose
Going concern: material uncertainty disclosed
“On this basis, a material uncertainty exists that may cast significant doubt on the Group and Charitable Body’s ability to continue as a going concern and, therefore, that it may be unable to realise its assets and discharge its liabilities in the normal course of business.”
Per FY2025 accounts as filed with CCNI.
Reserves policy: three months expenditure (held: £1.1m)
“The reserves target is to have sufficient reserves to cover costs for a period equivalent to three months expenditure.”
Per FY2025 accounts as filed with CCNI.
Trading subsidiary: Newforge Trading Services Limited
“The charity has one wholly owned non-charitable subsidiary, Newforge Trading Services Limited” — page 5
Per FY2025 accounts as filed with CCNI.
Independent examiner: Ruddell & Company
Per FY2025 accounts as filed with CCNI.