The Forget-Me-Not Club
Latest income
£342k
Latest spending
£339k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity returned a small deficit for the year, funded by a drawdown in reserves, due to lower revenues and higher staff costs. The trustees note that the bulk of funding now comes from donations and fundraising activities as grant support has decreased. The charity relies significantly on effective fundraising to ensure continued provision of existing services.
What the accounts disclose
Going concern: doubt noted
“Notwithstanding all the fundraising efforts the charity returned a small deficit for the year due to a combination of lower revenues and higher costs; primarily staff. This has been funded by a draw down in reserves.” — page 3
Per FY2025 accounts as filed with OSCR.