Forgan Arts Centre SCIO
Latest income
£479k
Latest spending
£566k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted cash reserves were approximately £108,000 as of 31 December 2024, which the Trustees consider sufficient to cover redundancy costs and running costs should the Centre cease operation. Per the financial review, the charity experienced a reduction in overall funding received in 2024, driven by a 60% decrease in restricted funding, although self-generated income increased by 19%. The Trustees are satisfied that the charity is in a strong position to continue its activities during the coming year.