South Seeds SCIO
Latest income
£697k
Latest spending
£231k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity held unrestricted reserves of £99,370, which falls below the stated policy target of £100,000. Despite this, the trustees and auditors confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The free general reserves on 31 March 2025 totalled £99,370 (2024 restated: £94,661) and falls below target level.”
Per FY2025 accounts as filed with OSCR.
Related-party transaction: A trustee performed work on behalf of the charity relating to the upkeep of the tool library. During the year transactions totalled £60 (2024: £Nil) and at the year end a balance of £nil (2024: £Nil) was due to the charity.
“a trustee, performed work on behalf of the charity relating to the upkeep of the tool library. During the year transactions totalled £60 (2024: £Nil) and at the year end a balance of £nil (2024: £Nil) was due to the charity.” — page 20
Per FY2025 accounts as filed with OSCR.