Scottish Wider Access Programme - East(Swap East)
Latest income
£145k
Latest spending
£146k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that unrestricted reserves stood at £38,543, which the trustees consider aligns with their policy of holding three months of operating costs. The charity reported a small overspend of £959 for the year, which was covered by previous surplus funds, while noting that core funding from the Scottish Funding Council is confirmed for the next period.
What the accounts disclose
Highest-paid employee band: Under £60,000
“No employee received employee benefits (excluding employer pension costs) over £60,000.” — page 25
Per FY2025 accounts as filed with OSCR.
Related-party transaction: SWAP East is hosted by the University of Edinburgh, one of its members. As part of this agreement, the university provides office space and management of finances to SWAP East.
“SWAP East is hosted by the University of Edinburgh, one of its members. As part of this agreement, the university provides office space and management of finances to SWAP East. See Note 9 and Note 11 below.” — page 26
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Monies transferred to SWAP West, a partner organisation.
“SWAP East is hosted by the University of Edinburgh, one of its members. As part of this agreement, the university provides office space and management of finances to SWAP East. See Note 9 and Note 11 below.” — page 26
Per FY2025 accounts as filed with OSCR.