Canongate Youth (SCIO)

Scottish charity SC000600 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the charity reported an operational deficit of £52,775 and a net deficit in its general unrestricted fund of £1,809 for the year ended 31 March 2025. The trustees' report notes that the overall financial position for the upcoming period was concerning, with a projected income gap of circa £200k, requiring substantial cost savings and restructuring to remain viable. Despite these challenges, the charity held closing reserves of £1,888,453, significantly above its stated policy target of approximately £106,070.

What the accounts disclose