YMCA Aberdeen

Scottish charity SC013487 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£329k
Latest spending
£333k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that incoming receipts are a concern, exacerbated by increasing outgoing payments linked to inflation, leading the Board of Trustees to warn that significant decisions may be required to ensure long-term viability if operational costs are not covered. The charity reported a net deficit for the year of £3,976 and holds unrestricted cash balances of £16,910 against a stated reserves policy target of one year's annual expenditure. The trustees confirmed they have sufficient funds to meet future pension liability commitments.

What the accounts disclose

Going concern: doubt noted
unless incoming receipts can cover the operational costs of our charitable activities in the next year, the Board of Trustees will have significant decisions to make to ensure the long term viability of YMCA in Aberdeen. — page 4
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.