Beannachar Ltd
Latest income
£2.4m
Latest spending
£2.6m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £280,612 for the year, resulting in a decrease in unrestricted reserves to £38,849. The trustees and auditors have identified a material uncertainty regarding the charity's ability to continue as a going concern, as its sustainability is dependent on securing additional funding from Local Authorities and potential short-term support from the bank and a related association.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Beannachar has unrestricted reserves of £38,849 (2024 - £278,628) which the Board of Trustees is actively trying to increase through securing additional funding from Local Authorities and reducing costs where possible.” — page 5
Per FY2025 accounts as filed with OSCR.
Going concern: material uncertainty disclosed
“We draw attention to Note 1.2 in the financial statements, which indicates the charity is actively engaging with the relevant Local Authorities to request essential additional funding to sustain the level of service required to provide supported accommodation and work opportunities to adults with learning difficulties. As stated in Note 1.2 this condition together with other factors described in Note 1.2 indicate a material uncertainty that may cast significant doubt on the charity's ability to continue as a going concern.” — page 10
Per FY2025 accounts as filed with OSCR.
Related-party transaction: The charity rents the grounds from a related association, which has indicated they would consider short-term financial support if necessary. These arrangements are informal and not contractually committed.
“The charity also rents the grounds from a related association, which has indicated they would consider short-term financial support if necessary. These arrangements are informal and not contractually committed.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: During 2024 accommodation and travel costs of £775 were paid on behalf of 2 Trustees. No such costs were paid during 2025.
“The charity also rents the grounds from a related association, which has indicated they would consider short-term financial support if necessary. These arrangements are informal and not contractually committed.”
Per FY2025 accounts as filed with OSCR.