Helmsdale Heritage And Arts Society
Latest income
£468k
Latest spending
£450k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves of £136,532 are below the stated policy target of approximately £59,700 (three months of non-discretionary expenditure), although the Trustees note this level is an improvement from the previous year and aim to rebuild reserves by the end of 2026. The going concern basis relies on continued support from the Highland Council and the ability to attract grants, with the Trustees satisfied the charity can meet future liabilities as they fall due.
What the accounts disclose
Going concern: doubt noted
“This assumes that the Highland Council will continue to support independent museums through their Service Level Agreement, that we will continue to be able to attract grants from donor bodies to help us to meet our core running costs and that our efforts to control those costs will continue to be successful.”
Per FY2025 accounts as filed with OSCR.