Londonderry YMCA Ltd
Latest income
£462k
Latest spending
—
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £943,828, which is below the stated policy target of holding between three and 24 months of operational costs, as the total reserves held were explicitly noted as £0 in the reserves section despite the balance sheet showing unrestricted funds. The charity reported a net expenditure of £29,001 for the year, noting that ongoing efforts to secure additional funding remain critical due to rising running costs and competition for grants.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The value held in reserves £0.” — page 5
Per FY2025 accounts as filed with CCNI.
Employees paid over £60,000: 0
Per FY2025 accounts as filed with CCNI.
Independent examiner: PFS & Partners
Per FY2025 accounts as filed with CCNI.