Charity Accounts Intelreading the accounts so you don’t have to

The Mid Galloway Community Day Centre For Older People At Newton Stewart

Scottish charity SC020948 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£257k
Latest spending
£270k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity reported a net deficit of £13,267 for the year ended 31 March 2025, following a surplus in the previous year. Free reserves were reported at £22,903, which is below the stated policy target of three months' expenditure estimated at £60,000. The trustees consider the charity a going concern based on the current budget and a commitment for financial support from The Riverside Members Trust until December 2026.

What the accounts disclose

Related-party transaction: The charity received a donation from The Riverside Day Centre Members Trust, which is a related party as it was previously set up by users of the day centre and provides financial support.
“During the year the charity received a cash donation of £45,000 from The Riverside Day Centre Members Trust. The Trust has committed to financial support the charity until at least December 2026.” — page 20
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.