Richmond's Hope

Scottish charity SC036720 · record on the Scottish Charity Register (OSCR) · accounts PDF

Financial health, per FY2025 accounts

The accounts state that the charity reported a deficit for the year of £79,888, with total expenditure of £508,664 exceeding incoming resources of £428,777. Despite this deficit, the trustees consider the financial position satisfactory, noting that unrestricted reserves of £105,090 provide a sound base for future activity. The charity maintains a reserves policy target of 3-6 months of unrestricted expenditure, which it states has been maintained.