Castle Douglas Development Forum
Latest income
£237k
Latest spending
£256k
Accounts read
FY2025
Financial health, per FY2025 accounts
The accounts state that the charity reported a net expenditure of £19,378 for the year, resulting in total funds of £61,068 at year-end. The trustees consider the current level of reserves sufficient to meet ongoing running costs, although the report notes significant pressure on future revenue funding and capacity constraints. The organization remains financially secure in the short term but is managing risks associated with lease negotiations and operational sustainability.
What the accounts disclose
Related-party transaction: The Town Shop property is rented from business run by a Trustee
“The Town Shop property is rented from business run by a Trustee,” — page 22
Per FY2025 accounts as filed with OSCR.