Charity Accounts Intelreading the accounts so you don’t have to

Spruce Carpets Ltd

Scottish charity SC036545 · record on the Scottish Charity Register (OSCR) · accounts PDF

Latest income
£738k
Latest spending
£846k
Accounts read
FY2025

Financial health, per FY2025 accounts

The accounts state that the charity reported a net outgoing of £107,416 for the year ended 31 March 2025, resulting in a decrease in total funds to £460,235. The trustees' report confirms that unrestricted reserves of £433,020 are held to provide stability and cover costs for between 3 and 6 months, a target the board states it is currently compliant with. The independent auditors confirmed that the use of the going concern basis of accounting is appropriate with no material uncertainties identified.

What the accounts disclose

Payments to trustees: One trustee, Austin Hardie, received remuneration during the year in the form of salary amounting to £95,000.
“One trustee, Austin Hardie, received remuneration during the year in the form of salary amounting to £95,000. The payment relates to the trustee’s role as Managing Director, a position involving the day-today management of the charity.” — page 21
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.