South Islay Development
Latest income
£2.4m
Latest spending
£1.1m
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a general surplus of £1,321,979 for the year ended 31 May 2025, driven largely by capital funding for the playing fields project. Per the trustees' report, unrestricted funds held at year-end were £137,139, which is significantly above the stated policy target of three months of unrestricted expenditure. The charity maintains a strong cash position with £428,292 in bank balances, though it faces ongoing construction delays and funding dependencies for its major community hub project.