Scots Music Group
Latest income
£129k
Latest spending
£121k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity recorded a surplus of £8,499 for the year ended 30 June 2025, bringing total free reserves to £39,828. The trustees report an improving financial situation following recent difficulties, with reserves now aligning with their revised policy target. The organization remains reliant on class fees and donations to cover operational costs.
What the accounts disclose
Reserves position: below the charity's own stated policy
“With our results for 2024-25, we hold a starting balance fo 2025-26 of £45.5k, which is in line with our revised reserves policy.” — page 16
Per FY2025 accounts as filed with OSCR.