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Scottish charity SC032160 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£116k
Latest spending
£139k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity reported a deficit in unrestricted reserves of £14,372 at the year end, reversing a surplus from the previous year. The independent examiner identified a material uncertainty regarding going concern due to this deficit and the non-guaranteed nature of trust funding. Despite these risks, the trustees believe sufficient funding can be secured to continue operations.

What the accounts disclose

Going concern: material uncertainty disclosed
I have identified a material uncertainty with regards going concern The material uncertainty is due to the current deficit in reserves and the amount of guaranteed funding to date. — page 9
Per FY2025 accounts as filed with OSCR.
Related-party transaction: Loan from project leader
The charity received a loan during the year from Bomo Inatimi (project leader) of £11,196 which is to be repaid only when the charity has enough resources to repay. — page 24
Per FY2025 accounts as filed with OSCR.
Register data and accounts from the Scottish Charity Regulator (OSCR), used under the Open Government Licence. Automated analysis; the filed accounts are authoritative.