Rosemount Lifelong Learning
Latest income
£913k
Latest spending
£964k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported an operating surplus of £3,568 but a net deficit of £51,348 for the year, largely due to non-cash depreciation charges of £54,916. The trustees report a material uncertainty regarding going concern due to minimal unrestricted reserves and uncertainty over grant income timing, though they believe the going concern basis remains appropriate based on forecasts and mitigating actions. Reserves of £9,334 are held within the charity's stated policy target of six to nine months of general expenditure.