Comrades Of Children Overseas
Latest income
£114k
Latest spending
£145k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held unrestricted reserves of £35,336 against a policy target of 50% of annual operating costs, which implies the reserves are below the stated policy target given total expenditure of £145,218. The charity reported a net deficit of £30,791 for the year, resulting in a significant reduction in total funds from £72,469 to £41,678, though the trustees confirm sufficient resources exist for the foreseeable future.
What the accounts disclose
Reserves position: below the charity's own stated policy
“It is COCO’s policy to hold a reserve of 50% of annual operating costs in reserve. This year, we closed the year with £41,678 in reserves.” — page 6
Per FY2025 accounts as filed with OSCR.