Poppyview Family Centre (SCIO)
Latest income
£754k
Latest spending
£758k
Accounts read
FY2022
Financial health, per FY2022 accounts
The accounts state that the charity reported a net deficit of £3,887 for the year ended 31 March 2022, a significant reversal from the previous year's surplus of £195,876. Total funds decreased from £125,669 to £121,782, with unrestricted reserves falling from £88,546 to £87,620. The trustees maintain that the charity can continue to meet its obligations as they fall due, citing current reserve levels and expectations of future income.
What the accounts disclose
Reserves position: below the charity's own stated policy
“The current level of reserves falls short of this, however the board are working to improve this.”
Per FY2022 accounts as filed with OSCR.