Acredale House Association
Latest income
£251k
Latest spending
£291k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported an overall deficit of £39,662 for the year ended 31 March 2025, driven by a 50% reduction in contract funding. While unrestricted reserves of £155,242 remain, the trustees note that longer-term sustainability depends on securing future funding and growing private client numbers.
What the accounts disclose
Going concern: doubt noted
“The reserves that we hold will allow us to continue services throughout 2025-26 and into the following financial year though longer term sustainability will depend on no further reduction in contract value from the Health and Social Care Partnership; a continued growth in private client fees, success of new business streams and a focus on reducing costs where possible.” — page 8
Per FY2025 accounts as filed with OSCR.