Springfield Out Of School Care Club SCIO
Latest income
£176k
Latest spending
£188k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a deficit of £11,767 for the year ended 31 March 2025, resulting in unrestricted reserves falling to £29,819 from £41,586 the previous year. The trustees consider these reserves sufficient to meet debts as they fall due, noting they align with the policy of maintaining between one and six months' running costs. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
Related-party transaction: Office-bearers received a 25% discount on care fees
“The Office-bearers receive a 25% discount on their care fees which provided the following benefits: £1,144; £989; Heather Forgan £333; and £269.” — page 8
Per FY2025 accounts as filed with OSCR.