Board Of Management Of South Lanarkshire College

Scottish charity SC021181 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the College reported an operating deficit of £2,977k for the year ended 31 July 2025, largely driven by restructuring costs from a voluntary severance scheme. Total reserves decreased to £25,155k, and the cash balance fell significantly to £1,906k, reflecting the settlement of pay awards and self-funded restructuring costs. Despite these challenges, the Board determined the College remains a going concern with adequate resources for the foreseeable future.

What the accounts disclose