Glasgow Science Centre Charitable Trust
Latest income
£9.0m
Latest spending
£11.5m
Accounts read
FY2026
Form
Company (the charity is registered with Companies House)
Financial health, per FY2026 accounts
The accounts state that the charity incurred an operating deficit of £2,473,014 for the year ended 31 March 2026, driven by challenging trading conditions and cost pressures. Per the trustees' report, unrestricted financial reserves of £617,220 are below the stated policy target of £922,000, and the Trustees expect this breach to continue for the foreseeable future due to ongoing financial challenges.
What the accounts disclose
Reserves position: below the charity's own stated policy
“At £617,220 the charity’s general unrestricted financial reserves are £304,780 below the level required by the financial reserves policy.” — page 14
Per FY2026 accounts as filed with OSCR.
Related-party transaction: The company received no grants (2025: £34,747) from its ultimate parent company, Scottish Enterprise, to fund various capital renewals.
“The company received no grants (2025: £34,747) from its ultimate parent company, Scottish Enterprise, to fund various capital renewals.” — page 42
Per FY2026 accounts as filed with OSCR.
Largest income source: Other trading activities (41% of income)
“Income from other trading activities increased by £209,798 or 6.0% to £3,707,496 (2025: £3,497,698)” — page 13
Per FY2026 accounts as filed with OSCR.
Independent examiner: Thomson Cooper
Per FY2026 accounts as filed with OSCR.