Western Isles Community Care Forum SCIO
Latest income
£209k
Latest spending
£177k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity's continued operation is dependent on annual recurring grant aid from the Wester Isles Integrated Joint Board, creating a dependency risk if funding were withdrawn. The trustees report a net income surplus of £30,949 for the year, with total funds carried forward increasing to £142,169. The reserves policy targets holding between £70,000 and £85,000 to mitigate income risks, and the unrestricted reserves of £69,899 are slightly below this stated target.
What the accounts disclose
Reserves position: below the charity's own stated policy
“Currenfly we would be looking to hold reserves of £70,000 to £85,000 to mitigate risks.” — page 6
Per FY2025 accounts as filed with OSCR.