Friends Of Anchor

Scottish charity SC025332 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that unrestricted reserves stood at £5,886,494, representing a significant increase from the previous year's £4,991,723. The trustees report that the charity retains high cash reserves to safeguard against income volatility and meet future commitments, noting that surplus balances are held in term deposits. The independent auditor confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.