Strathmore Centre For Youth Development - SCYD (SCIO)
Latest income
£181k
Latest spending
£195k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a deficit of expenditure over income of £14,072 for the year ended 31 March 2025. Per the trustees' report, unrestricted reserves stood at £31,895, which is above the stated policy target of three months' normal running costs (£48,500). The charity notes it is dependent on the continuing support of donors but has no reason to consider this support will not continue.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The Trustees’ policy is to retain 3 months’ worth of normal running costs in order to meet commitments and cover any unexpected expenditure. Three months normal expenditure stands at £48,500 and Reserves at £82,340.” — page 5
Per FY2025 accounts as filed with OSCR.