Glasgow Group Of The Riding For The Disabled Assoc
Latest income
£287k
Latest spending
£368k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net deficit of £80,519 for the year ended 30 June 2025, resulting in a decrease in total funds from £439,645 to £359,126. The trustees report that the charity faces financial pressures and that not all income required to meet projected costs is currently secured, giving rise to a material uncertainty regarding going concern. Consequently, the current level of free reserves falls short of the trustees' stated policy target of maintaining six months' running costs.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The current level of reserves fall short of this target and the trustees have implemented a range of measures toward addressing this.” — page 4
Per FY2025 accounts as filed with OSCR.
Going concern: material uncertainty disclosed
“However, the Trustees note that the charity faces financial pressures over the coming twelve months and that not all income required to meet projected costs is currently secured. This gives rise to a material uncertainty regarding going concern.” — page 4
Per FY2025 accounts as filed with OSCR.