Abbeyfield Rutherglen Society Ltd
Latest income
£1.1m
Latest spending
£1.9m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the auditors did not identify any issues with revenue recognition or management override of controls. However, the auditors have not yet concluded on the going concern assessment because they are awaiting revised budgets that account for a planned restructure taking place after the year-end.
What the accounts disclose
Going concern: doubt noted
“We have yet to conclude on the Trustees and management’s assessment of going concern as we are awaiting revised budgets, taking into consideration the planned restructure which is confirmed to be taking place post year end within the Society.” — page 36
Per FY2025 accounts as filed with OSCR.