Wardie After School Club
Latest income
£108k
Latest spending
£114k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity incurred a net expenditure of £6,077 for the year, reducing its unrestricted reserves to £10,182. This figure is below the trustees' stated policy target of retaining three months' expenditure, calculated at £28,520. The trustees attribute the financial pressure to ongoing impacts on fee income resulting from changes in parents' working patterns.
What the accounts disclose
Going concern: doubt noted
“The trustees recognise that the pandemic faced in previous years had a direct impact on the ability of the charity to operate and deliver the level of services seen in pre-pandemic years. Unfortunately, fees income continues to be impacted because of the long-lasting changes in working arrangements and in the working patterns of parents and carers that use its services.” — page 4
Per FY2025 accounts as filed with OSCR.